Where does the money go ?

Post by **Lounge Lizard** » 14 Sep 2007, 20:51

On a normal day I might sort and deliver about 2000 letters which, ay about 25p each, means about Â£500 income for Royal Mail. I get paid about Â£60, so what happens to the other Â£440 ?

vigilante · Post by **vigilante** » 14 Sep 2007, 21:00

Lounge Lizard wrote:On a normal day I might sort and deliver about 2000 letters which, ay about 25p each, means about Â£500 income for Royal Mail. I get paid about Â£60, so what happens to the other Â£440 ?

BIG AL AND ADAM NEED THEIR BONUSES YOU KNOW!!

Post by **TrueBlueTerrier** » 15 Sep 2007, 13:27

Lounge Lizard wrote:On a normal day I might sort and deliver about 2000 letters which, ay about 25p each, means about Â£500 income for Royal Mail. I get paid about Â£60, so what happens to the other Â£440 ?

Spedley · Post by **Spedley** » 15 Sep 2007, 13:41

I think a memeber of staff costs RM about Â£75 per day when you include NI contributions and pension.
At a guess, I'd say that 50% of RM staff are on delivery so that means another Â£75 per day.

I can see that being more than doubled by rent, power, vehicle maintenance/purchase, stamp production and distribution etc so that is another Â£200

That leaves Â£150 out of which comes 40% tax, leaving Â£90 profit per town delivery route.

I really haven't got a clue what the real numbers are - although they are in the annual results - but there is a suprising amount of money spent.

Post by **TrueBlueTerrier** » 15 Sep 2007, 13:43

You would also have to factor in the loss on the DSA items its quite hefty apparently.

The Postal Avenger · Post by **The Postal Avenger** » 15 Sep 2007, 15:50

What happens to the money that Postcon fine us? Wouldn't surprise me if they share it out with our competitors.

tyconuk · Post by **tyconuk** » 15 Sep 2007, 19:54

The Postal Avenger wrote:What happens to the money that Postcon fine us? Wouldn't surprise me if they share it out with our competitors.

yes what does happen too the bloopdy fines?
A damn good question

ROYALMAILCHAT

Where does the money go ?

Where does the money go ?

Re: Where does the money go ?

Re: Where does the money go ?