LTB 059/18 Pay and Four Pillars Agreement : Please read the attachment! : Agreement enclosed!

[monkey76]

The fact this deal has taken us 9 months on from when the pay increase should have kicked in 1/4/17 and they have agreed to freeze pay for the 6 months from 1/4/17 .

Excuse the language but how the f**k is it a 6 month pay freeze.
That would only be the case if 2.5% was backdated to October and 2.5% kicked in April 2018.
Is that difficult to understand?

Listen to what Fishy is saying. We would have to wait until April to get the 2nd 2.5% but are getting it from October last year. That’s not a pay freeze.

[wiltim7]

12 mins a day whats so great about getting that as a shorter working week we will be getting the same amount of work but paid less time to do it in and then they'll sqeeze another 12 mins a day off that surely the the workforce cant be that gullible

[nudenut]

12 mins a day whats so great about getting that as a shorter working week we will be getting the same amount of work but paid less time to do it in and then they'll sqeeze another 12 mins a day off that surely the the workforce cant be that gullible

But your getting more money for less hours

[cloherty1976]

12 mins a day whats so great about getting that as a shorter working week we will be getting the same amount of work but paid less time to do it in and then they'll sqeeze another 12 mins a day off that surely the the workforce cant be that gullible

But you got another 12 to come next year and then another 24 to come after.

[monkey76]

For a National Rate Postperson with a Delivery Supplement bass on 5% on basic and delivery supplement they will receive back pay based from October 2017 till the 1st week in April ie 26 weeks will be £566.80 . The exit point per week will be on basic £432.91 and Delivery Supplement will be £25.15

If we choose the 2.6% back dated option to April than on the basic and Delivery Supplement the back pay would be £589.16. However the exit rate on basic pay would be £423.01 and £24.58 on the Delivery Supplement .

Obviously as it flows through to SA , allowances and overtime individual sums will vary but this is based on basic and delivery supplement

Unsocial allowance means lates/nights shift allowance in mailcentres yes? It flows to all yes? That’s how I read it in agreement.

[dundee]

Dingo will office affected by later finishing times be told before they vote?

[tonytucker]

Another crap deal,massive no vote coming

[fishtank]

Dingo will office affected by later finishing times be told before they vote?

Not likely.
3 months before deployment of change is how I read it but if they have such accurate numbers they must know already.

[kevbo]

Well the pay rise is a bit poor really, being below the rate of inflation and the reduction in hours is pointless unless they make the walks shorter and more manageable. How will it help any of us really? The pensions outcome is good for me as I put off joining the decent scheme for too long and ended up joining the crap one. So myself and anyone in the crap one will at least be better off at retirement. Not really sure what to think about this?

Union needs to get the message over that the SWW is a pay rise for everyone not just part timers. i.e If you choose to work 39 hrs over a 38/37 hr week you will be paid for 1/2 hours more than you are now. Your hourly rate has increased.

[templar]

Dingo will office affected by later finishing times be told before they vote?

Not likely.
3 months before deployment of change is how I read it but if they have such accurate numbers they must know already.

Precisely fish. Those offices seem to have been identified already and should be told as soon as.

Looks a reasonable deal though. Well done the negotiators.

[I_Take_My_Breaks]

Dingo will office affected by later finishing times be told before they vote?

Not likely.
3 months before deployment of change is how I read it but if they have such accurate numbers they must know already.

Perhaps Dingo can give a list of the DO's in each bracket affected by the LAT product.

Interesting to see which DO's are in the 31-45 minute bracket.

[dundee]

Dingo will office affected by later finishing times be told before they vote?

Not likely.
3 months before deployment of change is how I read it but if they have such accurate numbers they must know already.

Whats to stop them saying we are really sorry we have misjudged it and everyone will need to work until 15.30?Big issue for me,have 2 sons in primary school which finishes at 15.15,alsodoes the pension deal say how much we will be getting?Im in DB Scheme

[yellowbelly]

The Company will put in place the following transitional pension arrangements from 1 April 2018:

For RMPP members, Royal Mail will implement a DBCBS. The Company will contribute 13.6% of pensionable pay towards members' retirement lump sums, and a further 2% for other member benefits, including death in service and ill-health. Members will continue to contribute 6% of pensionable pay towards their retirement lump sums.

Members of the Royal Mail Defined Contribution Plan (RMDCP) with a minimum of five years' service will have the option of joining the DBCBS.

The Company will increase its contribution to the RMDCP at each standard contribution tier by 1 percentage point.

The Company will move current and future RMDCP members in the standard section of the plan to the top tier of contributions (10% from the Company and 6% from the member).

So still a 2-tier pension - 15.6% contributions for those lucky enough to be on the DB scheme and a whopping 10% for the rest of us - one pension for all eh ?

Yeah, what a friggin joke, same work different pension - thanks a lot - NOT!!!!!!!!

[fishtank]

Union needs to get the message over that the SWW is a pay rise for everyone not just part timers. i.e If you choose to work 39 hrs over a 38/37 hr week you will be paid for 1/2 hours more than you are now. Your hourly rate has increased.

The union needs to get the message across that there are only two ways to remove hours from the business, one is the shorter working week and the other is headcount reduction.

[Chelseablue]

Footy gone on a saturday now oh well nothing left in life to enjoy ,,