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Preference exercise
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Gary55
- EX ROYAL MAIL
- Posts: 349
- Joined: 29 Jun 2021, 21:02
- Gender: Male
- Location: london
Preference exercise
A few of us completed the preference exercise out of curiosity to see what we'd get and as one were not tempted by the poor offer to ever accept. We have since worried if this might make us more vulnerable to compulsory redundancy selection as they haven't given any criteria for this
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aiden01
- MAIL CENTRES/PROCESSING
- Posts: 7001
- Joined: 27 Feb 2013, 21:43
- Gender: Male
Re: Preference exercise
Why worry an why would youse be more vulnerable.Gary55 wrote: ↑27 Nov 2022, 22:33A few of us completed the preference exercise out of curiosity to see what we'd get and as one were not tempted by the poor offer to ever accept. We have since worried if this might make us more vulnerable to compulsory redundancy selection as they haven't given any criteria for this
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Acca Dacca
- Posts: 3211
- Joined: 16 Aug 2009, 17:13
- Gender: Male
Re: Preference exercise
You didnt have to submit it to see what you would getGary55 wrote: ↑27 Nov 2022, 22:33A few of us completed the preference exercise out of curiosity to see what we'd get and as one were not tempted by the poor offer to ever accept. We have since worried if this might make us more vulnerable to compulsory redundancy selection as they haven't given any criteria for this
If you tolerate this, then your paid break will be next
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koolishy67
- Posts: 665
- Joined: 04 Nov 2010, 21:02
- Gender: Male
Re: Preference exercise
No don't worry
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jbo5066
- Posts: 356
- Joined: 06 Nov 2016, 14:31
- Gender: Male
Re: Preference exercise
Preference tile not on the app anymore.
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koolishy67
- Posts: 665
- Joined: 04 Nov 2010, 21:02
- Gender: Male
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grchpo
- Posts: 488
- Joined: 16 Mar 2019, 13:59
- Gender: Male
Re: Preference exercise
Is that because you had to apply by the 27th ?
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Deadly
- Posts: 702
- Joined: 12 Jul 2014, 21:38
- Gender: Male
Re: Preference exercise
Certainly for the extra 6k, plus perhaps they’ve hit the 10k redundancies already.
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RobertT
- EX ROYAL MAIL
- Posts: 6682
- Joined: 09 Sep 2007, 14:26
- Gender: Male
Re: Preference exercise
And you could have changed your preferences before the deadline!Acca Dacca wrote: ↑28 Nov 2022, 00:21You didnt have to submit it to see what you would getGary55 wrote: ↑27 Nov 2022, 22:33A few of us completed the preference exercise out of curiosity to see what we'd get and as one were not tempted by the poor offer to ever accept. We have since worried if this might make us more vulnerable to compulsory redundancy selection as they haven't given any criteria for this
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: Preference exercise
Nothings been announced, so we can only guess!
RM said a few weeks ago that they wanted to reduce the workforce by 10,000, and between 5,000 – 6,000 would be redundancies.
They also recently said the VR exercise was over subscribed.
So assuming those figures are correct, more than 6,000 applied.
Although they'll be quite a few who applied and have no intention of taking it, as per the original post in this thread.
Links to all RM pension related websites are here
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rambo1
- EX ROYAL MAIL
- Posts: 3266
- Joined: 12 Jun 2013, 20:00
- Gender: Male
Re: Preference exercise
Will there be a situation where 15 people in x office want VR but only 5 need to go but 15 need to go in y office but only 5 people wanted VR? How would that work. Does it mean y office will have 10 compulsory redundancies and in x office there will be 10 pixxed off because they wanted to go?
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malawihap
- Posts: 85
- Joined: 29 Jan 2008, 11:40
Re: Preference exercise
My DOM said that if there was an office close by that was under subscribed , say only 2 applied but there was scope for 5 VRs in that office , then in theory you could carry those extra 3 VRs over to our office and we would be able to take up those extra 3 VRs. Of course it could be a crock of shite and it might be nothing like that ,and he is probably guessing.
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postieblueshirt
- Posts: 1241
- Joined: 01 Oct 2019, 22:05
- Gender: Male
Re: Preference exercise
one of the questionson the exercise was.would you be willing to move.malawihap wrote: ↑28 Nov 2022, 15:29My DOM said that if there was an office close by that was under subscribed , say only 2 applied but there was scope for 5 VRs in that office , then in theory you could carry those extra 3 VRs over to our office and we would be able to take up those extra 3 VRs. Of course it could be a crock of shite and it might be nothing like that ,and he is probably guessing.
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tractorboy2
- EX ROYAL MAIL
- Posts: 545
- Joined: 18 Jan 2012, 11:03
- Gender: Male
Re: Preference exercise
Wouldn't that mean that 3 people from the neighbouring office, would have to move to your office. (Bumping).malawihap wrote: ↑28 Nov 2022, 15:29My DOM said that if there was an office close by that was under subscribed , say only 2 applied but there was scope for 5 VRs in that office , then in theory you could carry those extra 3 VRs over to our office and we would be able to take up those extra 3 VRs. Of course it could be a crock of shite and it might be nothing like that ,and he is probably guessing.