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31st jan vr package
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bigal383
- EX ROYAL MAIL
- Posts: 492
- Joined: 11 Dec 2012, 16:20
- Gender: Male
31st jan vr package
Hey guys on the vr package the crap one they’ve brought out it said on there 31st jan was that when we find out or was this the leave dates you actually get bags packing and go
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rambo1
- EX ROYAL MAIL
- Posts: 3266
- Joined: 12 Jun 2013, 20:00
- Gender: Male
Re: 31st jan vr package
Preference exercise by 27th Nov, lf you want the sweetener sum, don't know when we'll find out but your personal deal which presumably has your finish date, if you are one of the lucky ones ,has to be signed by 31st Jan. Not sure when the 12 weeks notice to get the sum tax free would start from. Its all very vague, not legally binding and probably won't even happen. Who knows. I've got my finger and toes crossed for an exit with some cash though.
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parforthewalk
- Posts: 149
- Joined: 10 Feb 2013, 17:23
- Gender: Male
Re: 31st jan vr package
My understanding is that 31st January is the date that you would be officially notified as either yay or nay.
Reasonable to suggest that everything would settled & your exit achieved by financial year end 31st March 2023.
Good luck to all
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grchpo
- Posts: 488
- Joined: 16 Mar 2019, 13:59
- Gender: Male
Re: 31st jan vr package
Who decides who gets it
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mags999
- Posts: 372
- Joined: 25 Jun 2016, 11:05
- Gender: Male
Re: 31st jan vr package
hopefully they will stick with seniority the only fair way of doing it just work down the list 
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redlen
- Posts: 1341
- Joined: 21 Dec 2021, 12:05
- Gender: Male
Re: 31st jan vr package
The reality will be those who abuse the sick procedure, disciplinary and conduct record will be the first to go. Happens that way in every other company.
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luddite
- Posts: 451
- Joined: 06 May 2008, 20:24
Re: 31st jan vr package
Told today by manager that he would choose who goes on the preference exercise and that every day we strike more names will be added but on compulsory terms and on minimum pay out, again he said he would be choosing.
But then again my manager is a f***ing c***.
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Clappedoutpostie
- Posts: 1259
- Joined: 05 Nov 2021, 21:46
- Gender: Male
Re: 31st jan vr package
The seniority list will be upside down.
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RobertT
- EX ROYAL MAIL
- Posts: 6682
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: 31st jan vr package
Not too sure what you mean by this?rambo1 wrote: ↑26 Nov 2022, 13:29Preference exercise by 27th Nov, lf you want the sweetener sum, don't know when we'll find out but your personal deal which presumably has your finish date, if you are one of the lucky ones ,has to be signed by 31st Jan. Not sure when the 12 weeks notice to get the sum tax free would start from. Its all very vague, not legally binding and probably won't even happen. Who knows. I've got my finger and toes crossed for an exit with some cash though.
The deal is max of 39 weeks + £6k if you sign up by 27th November. That total will be tax free as long as it's under £30k.
There may also be a PILON amount payable depending on exactly when you're given notice to leave, compared to your actual leaving day. That amount is taxable.
It's a max of 12 weeks, but you may actually have to work that notice period!
Links to all RM pension related websites are here
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RobertT
- EX ROYAL MAIL
- Posts: 6682
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: 31st jan vr package
RM have previously said that redundancies will occur between February and August 2023. Presumably coinciding with the revisions that every office will go through.parforthewalk wrote: ↑26 Nov 2022, 16:01My understanding is that 31st January is the date that you would be officially notified as either yay or nay.![]()
Reasonable to suggest that everything would settled & your exit achieved by financial year end 31st March 2023.![]()
Good luck to all![]()
Links to all RM pension related websites are here
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parforthewalk
- Posts: 149
- Joined: 10 Feb 2013, 17:23
- Gender: Male
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postieblueshirt
- Posts: 1241
- Joined: 01 Oct 2019, 22:05
- Gender: Male
Re: 31st jan vr package
No way it will work like that to much bias preference to mates etc.
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linpen
- Posts: 11
- Joined: 15 Oct 2008, 17:21
- Gender: Female
Re: 31st jan vr package
It's being done by who has the worst sick and conduct record. Well, that's how it's being done in our Mail Centre.
Suetay
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luddite
- Posts: 451
- Joined: 06 May 2008, 20:24
Re: 31st jan vr package
postieblueshirt wrote: ↑26 Nov 2022, 18:48No way it will work like that to much bias preference to mates
. More worrying is that after the preference exercise is exhausted the compulsory redundancies will be picked by management, plenty of room for old scores to be settled.
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greengiant
- EX ROYAL MAIL
- Posts: 1268
- Joined: 24 Mar 2014, 19:40
- Gender: Male
Re: 31st jan vr package
Probably compulsory redundancy for CSP staff when all the CSP points apparently get closed in January?