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This deal is a pay cut

Pay talks 2022 discussion, news, LTB's RMCtv and all BUSINESS RECOVERY, TRANSFORMATION AND GROWTH AGREEMENT chat
Ddarko85
Posts: 51
Joined: 10 Oct 2018, 15:06
Gender: Male

This deal is a pay cut

Post by Ddarko85 »

And the concessions that have been made are awful.

‘It could have been worse’ is a poor stance really.

Compromise is perfectly fine, but a pay cut and the concessions made means this is an awful deal.

Vote for this, and be prepared to look for a new job within the next 2 years in my opinion.

/rant over.
2yearpostie
Posts: 1839
Joined: 03 Mar 2020, 15:36
Gender: Male

Re: This deal is a pay cut

Post by 2yearpostie »

No sweetie, it would have been a pay cut if they had said we want to take your wages from £13.39 p/h down to £10.09 p/h over 3 years instead of up to the £14 something on offer.
DGH
Posts: 686
Joined: 13 Dec 2014, 18:04
Gender: Male
Location: Neither here nor there

Re: This deal is a pay cut

Post by DGH »

I think you can understand the concept of a 'real terms pay cut', which this is, and a hefty one.
groundhog_day
EX ROYAL MAIL
Posts: 41
Joined: 13 Sep 2022, 17:15
Gender: Male

Re: This deal is a pay cut

Post by groundhog_day »

2yearpostie wrote:
23 Apr 2023, 18:24
No sweetie, it would have been a pay cut if they had said we want to take your wages from £13.39 p/h down to £10.09 p/h over 3 years instead of up to the £14 something on offer.
Do you really not understand the impact of inflation on wages?
RM Management must love posties with your outlook
"Please sir, hit me some more...and kick me again while your at it" :crazy:
Last edited by groundhog_day on 23 Apr 2023, 18:46, edited 2 times in total.
LouBarlow
Posts: 4682
Joined: 15 Oct 2007, 18:56

Re: This deal is a pay cut

Post by LouBarlow »

groundhog_day wrote:
23 Apr 2023, 18:41
2yearpostie wrote:
23 Apr 2023, 18:24
No sweetie, it would have been a pay cut if they had said we want to take your wages from £13.39 p/h down to £10.09 p/h over 3 years instead of up to the £14 something on offer.
Do you really not understand the impact of inflation on wages?
You must be RM Managements wet dream
"Please sir, hit me some more..." :crazy:
You can spin it all you want but it stil doesn’t make the offer a paycut.
Acca Dacca
Posts: 3189
Joined: 16 Aug 2009, 17:13
Gender: Male

Re: This deal is a pay cut

Post by Acca Dacca »

2yearpostie wrote:
23 Apr 2023, 18:24
No sweetie, it would have been a pay cut if they had said we want to take your wages from £13.39 p/h down to £10.09 p/h over 3 years instead of up to the £14 something on offer.
Do you know how inflation works?
If you tolerate this, then your paid break will be next
LouBarlow
Posts: 4682
Joined: 15 Oct 2007, 18:56

Re: This deal is a pay cut

Post by LouBarlow »

Acca Dacca wrote:
23 Apr 2023, 18:53
2yearpostie wrote:
23 Apr 2023, 18:24
No sweetie, it would have been a pay cut if they had said we want to take your wages from £13.39 p/h down to £10.09 p/h over 3 years instead of up to the £14 something on offer.
Do you know how inflation works?
Inflation has nothing to do with it. They are offering more money. That isn’t a pay cut.
Flashman_
Posts: 360
Joined: 05 Jan 2010, 00:08
Gender: Male

Re: This deal is a pay cut

Post by Flashman_ »

2yearpostie wrote:
23 Apr 2023, 18:24
No sweetie, it would have been a pay cut if they had said we want to take your wages from £13.39 p/h down to £10.09 p/h over 3 years instead of up to the £14 something on offer.
:arrrghhh
zz666
Posts: 223
Joined: 22 Jul 2016, 20:08
Gender: Male

Re: This deal is a pay cut

Post by zz666 »

LouBarlow wrote:
23 Apr 2023, 19:16
Acca Dacca wrote:
23 Apr 2023, 18:53
2yearpostie wrote:
23 Apr 2023, 18:24
No sweetie, it would have been a pay cut if they had said we want to take your wages from £13.39 p/h down to £10.09 p/h over 3 years instead of up to the £14 something on offer.
Do you know how inflation works?
Inflation has nothing to do with it. They are offering more money. That isn’t a pay cut.
Why do you think other unions reject paltry wage rises? Because if you factor in inflation they are wage cuts in essence.
LouBarlow
Posts: 4682
Joined: 15 Oct 2007, 18:56

Re: This deal is a pay cut

Post by LouBarlow »

Put it another way, would you rather continue doing your job with your current pay, or the pay rate being offered?

If it is the former, you can send your pay increase to me if you don’t want it.
zz666 wrote:
23 Apr 2023, 19:22
LouBarlow wrote:
23 Apr 2023, 19:16
Acca Dacca wrote:
23 Apr 2023, 18:53
2yearpostie wrote:
23 Apr 2023, 18:24
No sweetie, it would have been a pay cut if they had said we want to take your wages from £13.39 p/h down to £10.09 p/h over 3 years instead of up to the £14 something on offer.
Do you know how inflation works?
Inflation has nothing to do with it. They are offering more money. That isn’t a pay cut.
Why do you think other unions reject paltry wage rises? Because if you factor in inflation they are wage cuts in essence.
So when inflation comes down, your wage goes down in turn?
Zicomurphy
Posts: 574
Joined: 24 Oct 2014, 06:40
Gender: Male

Re: This deal is a pay cut

Post by Zicomurphy »

2yearpostie wrote:
23 Apr 2023, 18:24
No sweetie, it would have been a pay cut if they had said we want to take your wages from £13.39 p/h down to £10.09 p/h over 3 years instead of up to the £14 something on offer.
It would also have been illegal. Minimum wage currently £10.42 p/h and increases every year.
DGH
Posts: 686
Joined: 13 Dec 2014, 18:04
Gender: Male
Location: Neither here nor there

Re: This deal is a pay cut

Post by DGH »

LouBarlow wrote:
23 Apr 2023, 19:23
So when inflation comes down, your wage goes down in turn?
Erm, no. When inflation goes down you can accept smaller pay rises.

Say you accepted 10% and inflation was 10%. If in the following year inflation falls to 3% you still need an additional 3% over and above the 10% you had last year in order to keep pace.

You're confusing a decrease in inflation with an actual fall in prices.
groundhog_day
EX ROYAL MAIL
Posts: 41
Joined: 13 Sep 2022, 17:15
Gender: Male

Re: This deal is a pay cut

Post by groundhog_day »

LouBarlow wrote:
23 Apr 2023, 19:23
So when inflation comes down, your wage goes down in turn?
But that is not how inflation works.

When inflation comes down the cost of living still RISES but by a lesser amount (unless inflation is negative which it rarely is).

e.g
If inflation is 10% in year 1 and 5% in year 2 the cost of living has still risen a further 5% in year 2 (it has not dropped by 5%).
Hyrrokkin
Posts: 847
Joined: 24 Nov 2021, 18:17
Gender: Male

Re: This deal is a pay cut

Post by Hyrrokkin »

Acca Dacca wrote:
23 Apr 2023, 18:53
2yearpostie wrote:
23 Apr 2023, 18:24
No sweetie, it would have been a pay cut if they had said we want to take your wages from £13.39 p/h down to £10.09 p/h over 3 years instead of up to the £14 something on offer.
Do you know how inflation works?
Ignore him he is a weirdo
Foxel
EX ROYAL MAIL
Posts: 514
Joined: 04 Oct 2021, 21:20
Gender: Male

Re: This deal is a pay cut

Post by Foxel »

LouBarlow wrote:
23 Apr 2023, 19:23

So when inflation comes down, your wage goes down in turn?
Inflation is always an increase, which is why it was named inflation. So even if the rate comes down, prices are still going up just not as quickly. So at no point would you need to reduce your wage.
I'm turning purple!