ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

Martin Walsh please explain the rationale for accepting 500 pounds lump sum over 1500 pounds

Pay talks 2022 discussion, news, LTB's RMCtv and all BUSINESS RECOVERY, TRANSFORMATION AND GROWTH AGREEMENT chat
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by rambo1 »

Clappedoutpostie wrote:
21 Apr 2023, 16:52
The union will have gone with it because the 6% feeds through to overtime etc. Lots at ours wanted the £1500 so they could then leave after they got it.
Which would have negated any redundancies going forward which surely the union would have been happy with. Also would have swung the deal more toward being voted in.
Honestly can't understand the logic. Hopefully they'll explain.
rambo1
EX ROYAL MAIL
Posts: 3266
Joined: 12 Jun 2013, 20:00
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by rambo1 »

The Postman wrote:
21 Apr 2023, 17:16
March 2024 comes around. RM - "We're losing 1 million pounds a day. Can't afford that 6% we agreed to. Here's 2% instead."
Out of interest, did you strike?
Clappedoutpostie
Posts: 1235
Joined: 05 Nov 2021, 21:46
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by Clappedoutpostie »

heraldmoth wrote:
21 Apr 2023, 17:18
Clappedoutpostie wrote:
21 Apr 2023, 17:11
heraldmoth wrote:
21 Apr 2023, 17:02
Clappedoutpostie wrote:
21 Apr 2023, 16:52
The union will have gone with it because the 6% feeds through to overtime etc. Lots at ours wanted the £1500 so they could then leave after they got it.
There is no overtime going forward so who the f&%* fell for that
I have just read the whole 36 page document, can u point me to the bit where it says no overtime going forward please?
The bit where it says flexible working ie u do the overtime for free in the winter and bugger off early in the summer
Makes no difference. To clear some of our jobs after the recent revision you would need to extend by 2 hours and that’s with the traffic being light now, it won’t just be 24 minutes extra work with Xmas traffic either.

There is nothing in the agreement that says no overtime.
jagger
Posts: 173
Joined: 23 Sep 2008, 13:24
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by jagger »

Bloody hell, lots of Dingos on here.
I just wanted to hear why the union came to the decision. I think it will piss a lot of people off. Maybe they are looking to leave anyway so won’t be part of the union going forward.
Do the union believe that Royal Mail won’t honour the second year of the agreement? If so, then nothing should have been accepted.
Let’s hear what the union have to say.
norris9
Posts: 2618
Joined: 27 Feb 2019, 17:32
Gender: Female

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by norris9 »

sindba wrote:
21 Apr 2023, 17:22
There will be some overtime, but first you'll be asked to "flex".

Then you'll be shown your PDA tracking and asked " supportively" why you've been walking 0.4mph too slowly and stopped for 3 minutes on Acacia Avenue.
Managers should be walking around the offices at the same speed as we are expected to walk out on delivery. Instead, they move like slugs and stop to chat about the weekend.
heraldmoth
Posts: 690
Joined: 22 Jun 2014, 15:58
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by heraldmoth »

Clappedoutpostie wrote:
21 Apr 2023, 17:27
heraldmoth wrote:
21 Apr 2023, 17:18
Clappedoutpostie wrote:
21 Apr 2023, 17:11
heraldmoth wrote:
21 Apr 2023, 17:02
Clappedoutpostie wrote:
21 Apr 2023, 16:52
The union will have gone with it because the 6% feeds through to overtime etc. Lots at ours wanted the £1500 so they could then leave after they got it.
There is no overtime going forward so who the f&%* fell for that
I have just read the whole 36 page document, can u point me to the bit where it says no overtime going forward please?
The bit where it says flexible working ie u do the overtime for free in the winter and bugger off early in the summer
Makes no difference. To clear some of our jobs after the recent revision you would need to extend by 2 hours and that’s with the traffic being light now, it won’t just be 24 minutes extra work with Xmas traffic either.

There is nothing in the agreement that says no overtime.
So you’re saying you’ll do that 30 mins for free then do some extra? Get a grip they will insist that the only overtime is scheduled attendance from here on, all leave will be covered by lapsing not absence overtime
heraldmoth
Posts: 690
Joined: 22 Jun 2014, 15:58
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by heraldmoth »

Clappedoutpostie wrote:
21 Apr 2023, 17:27
heraldmoth wrote:
21 Apr 2023, 17:18
Clappedoutpostie wrote:
21 Apr 2023, 17:11
heraldmoth wrote:
21 Apr 2023, 17:02
Clappedoutpostie wrote:
21 Apr 2023, 16:52
The union will have gone with it because the 6% feeds through to overtime etc. Lots at ours wanted the £1500 so they could then leave after they got it.
There is no overtime going forward so who the f&%* fell for that
I have just read the whole 36 page document, can u point me to the bit where it says no overtime going forward please?
The bit where it says flexible working ie u do the overtime for free in the winter and bugger off early in the summer
Makes no difference. To clear some of our jobs after the recent revision you would need to extend by 2 hours and that’s with the traffic being light now, it won’t just be 24 minutes extra work with Xmas traffic either.

There is nothing in the agreement that says no overtime.
So you’re saying you’ll do that 30 mins for free then do some extra? Get a grip they will insist that the only overtime is scheduled attendance from here on, all leave will be covered by lapsing not absence overtime
heraldmoth
Posts: 690
Joined: 22 Jun 2014, 15:58
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by heraldmoth »

So your original point doesn’t stand up, overtime rate could be 50 quid an hour, makes no difference cos there won’t be any
pinstripe
Posts: 2459
Joined: 25 May 2007, 16:42
Gender: Male
Location: 2 left turns from reality

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by pinstripe »

heraldmoth wrote:
21 Apr 2023, 17:50
Clappedoutpostie wrote:
21 Apr 2023, 17:27
heraldmoth wrote:
21 Apr 2023, 17:18
Clappedoutpostie wrote:
21 Apr 2023, 17:11
heraldmoth wrote:
21 Apr 2023, 17:02
Clappedoutpostie wrote:
21 Apr 2023, 16:52
The union will have gone with it because the 6% feeds through to overtime etc. Lots at ours wanted the £1500 so they could then leave after they got it.
There is no overtime going forward so who the f&%* fell for that
I have just read the whole 36 page document, can u point me to the bit where it says no overtime going forward please?
The bit where it says flexible working ie u do the overtime for free in the winter and bugger off early in the summer
Makes no difference. To clear some of our jobs after the recent revision you would need to extend by 2 hours and that’s with the traffic being light now, it won’t just be 24 minutes extra work with Xmas traffic either.

There is nothing in the agreement that says no overtime.
So you’re saying you’ll do that 30 mins for free then do some extra? Get a grip they will insist that the only overtime is scheduled attendance from here on, all leave will be covered by lapsing not absence overtime
So where is the time coming for lapsing? If we have to “flex” 30 minutes, how can we lapse?
charlatans
MAIL CENTRES/PROCESSING
Posts: 90
Joined: 12 Oct 2007, 15:31

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by charlatans »

Im glad the 6% is coming this year if voted through. I have no trust that royal mail would pay it next year.
norris9
Posts: 2618
Joined: 27 Feb 2019, 17:32
Gender: Female

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by norris9 »

charlatans wrote:
21 Apr 2023, 17:58
Im glad the 6% is coming this year if voted through. I have no trust that royal mail would pay it next year.
I understand this point of view for choosing this option. I am happy with it even if it wasn't the reason the CWU went for it.


Pay deal is absolutely fine with me. Obviously wouldn't have complained if we got a 50% pay rise and a £5000 lump sum....

But 10% is fair.
HairyHobbit
Posts: 114
Joined: 29 Aug 2021, 10:26
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by HairyHobbit »

norris9 wrote:
21 Apr 2023, 18:09
charlatans wrote:
21 Apr 2023, 17:58
Im glad the 6% is coming this year if voted through. I have no trust that royal mail would pay it next year.
I understand this point of view for choosing this option. I am happy with it even if it wasn't the reason the CWU went for it.


Pay deal is absolutely fine with me. Obviously wouldn't have complained if we got a 50% pay rise and a £5000 lump sum....

But 10% is fair.
It’s 8% as we already had 2% imposed.

Also it’s over 3 years. Inflation is a measure of price increases over a period of time. Even if inflation was to drop to 8% next year, prices have increased 10% per year (or the rate of inflation) over the past year. This is a real terms pay cut in addition to a reduction in terms and conditions.

This is why pay and change were separated at first.
heraldmoth
Posts: 690
Joined: 22 Jun 2014, 15:58
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by heraldmoth »

pinstripe wrote:
21 Apr 2023, 17:58
heraldmoth wrote:
21 Apr 2023, 17:50
Clappedoutpostie wrote:
21 Apr 2023, 17:27
heraldmoth wrote:
21 Apr 2023, 17:18
Clappedoutpostie wrote:
21 Apr 2023, 17:11
heraldmoth wrote:
21 Apr 2023, 17:02
Clappedoutpostie wrote:
21 Apr 2023, 16:52
The union will have gone with it because the 6% feeds through to overtime etc. Lots at ours wanted the £1500 so they could then leave after they got it.
There is no overtime going forward so who the f&%* fell for that
I have just read the whole 36 page document, can u point me to the bit where it says no overtime going forward please?
The bit where it says flexible working ie u do the overtime for free in the winter and bugger off early in the summer
Makes no difference. To clear some of our jobs after the recent revision you would need to extend by 2 hours and that’s with the traffic being light now, it won’t just be 24 minutes extra work with Xmas traffic either.

There is nothing in the agreement that says no overtime.
So you’re saying you’ll do that 30 mins for free then do some extra? Get a grip they will insist that the only overtime is scheduled attendance from here on, all leave will be covered by lapsing not absence overtime
So where is the time coming for lapsing? If we have to “flex” 30 minutes, how can we lapse?
Lapsing will be there whether you deliver it all will make no difference. On paper the work has been lapsed
stevejm
Posts: 488
Joined: 09 Dec 2017, 16:16
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by stevejm »

KnowItAll wrote:
21 Apr 2023, 16:35
The £1500 lump sum came with 2% followed by 6%, whilst the £500 came with 6% followed by 2%.

If you took the 6% this year, your pay goes from 25k to 26.5k plus £500 lump sum =27k paid 23-24
If you take the 2% this year your pay goes to 25.5k plus £1500 lump sum =27k paid 23-24
So it's the same, and then your next pay rise sees you at 27,030 in both instances.

If the lump sum was pensionable then they both work out the same, if not then you're best off taking the £500 to improve your basic pay earlier. The 6% rise this year would also flow to overtime etc. So quickly worth more than the larger lump sum.
That's not right. Leave the lump sum aside for a moment. After 2 years your salary is 27,030.
25000 X 1.02 x 1.06 = 27030
or 25000 X 1.06 x 1.02 = 27030

But with option 1/ you've had an additional 1500 lump sum
With option 2 you've had an additional 500 lump sum

This was covered to death in an earlier thread
Clappedoutpostie
Posts: 1235
Joined: 05 Nov 2021, 21:46
Gender: Male

Re: Martin Walsh please explain the rationale for accepting £500 lump sum over £1500

Post by Clappedoutpostie »

heraldmoth wrote:
21 Apr 2023, 17:50
So you’re saying you’ll do that 30 mins for free then do some extra? Get a grip they will insist that the only overtime is scheduled attendance from here on, all leave will be covered by lapsing not absence overtime
I don’t do anything for free. No overtime and the jobs don’t get cleared. Again please point me to where in the agreement it says no overtime and only SA (which isn’t technically overtime anyway)?