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VOLUNTARY REDUNDANCY

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ram69
Posts: 10
Joined: 11 Sep 2010, 19:48
Gender: Male

VOLUNTARY REDUNDANCY

Post by ram69 »

The VR that RM have recently offered out at a reduced offer minus the initial 6k.
Also known as a settlement payment so don't know why its called VR.
Is it taxable?
fb1969
EX ROYAL MAIL
Posts: 1693
Joined: 29 Aug 2012, 08:38
Gender: Male
Location: hiding on the backstreets

Re: VOLUNTARY REDUNDANCY

Post by fb1969 »

The first £30000 of redundancy pay is tax free.

https://www.gov.uk/redundancy-your-righ ... -insurance
Royal Mail
failing the workforce, failing the public and deliberately failing mail on a daily basis for too many years.
ram69
Posts: 10
Joined: 11 Sep 2010, 19:48
Gender: Male

Re: VOLUNTARY REDUNDANCY

Post by ram69 »

But it's classed as a settlement payment not VR.
That's the difference
noggin1969
Posts: 1321
Joined: 13 Oct 2009, 17:28
Gender: Male

Re: VOLUNTARY REDUNDANCY

Post by noggin1969 »

I think the ones that went during the dispute got taxed, but not sure if that was on the lot or the £6k bung :sad:
brazil1212
Posts: 50
Joined: 23 May 2013, 23:58
Gender: Male

Re: VOLUNTARY REDUNDANCY

Post by brazil1212 »

First 30000 is tax free but no more £6000 extra just 9 months wage
scoobydo79
Posts: 2046
Joined: 15 May 2011, 19:04
Gender: Male

Re: VOLUNTARY REDUNDANCY

Post by scoobydo79 »

Apparently there will be no more as RM can’t afford it :cry
guardianangel
Posts: 1830
Joined: 21 Feb 2020, 19:40
Gender: Male

Re: VOLUNTARY REDUNDANCY

Post by guardianangel »

scoobydo79 wrote:
13 Aug 2023, 08:25
Apparently there will be no more as RM can’t afford it :cry
They wont need to 4 have left in our office this week thats 14 in the last 2 months,the new girl that come in 3 weeks ago failed to turn up and jacked it in already,royal mail have got one hell of a problem on their hands when Amazon deliveries look more attractive,no one anymore wants to walk 5 hours for a pittance and degraded terms,they have to realise since we have come out of the EU there isn't a large pool of people in the workforce.There is constantly 5 walks uncovered every week in our office now with no dedicated postman its just being picked up on overtime but even people are getting fed up with that.With complaints soaring and royal mail becoming one of the least trusted it wont be long before we have to change our name like Hermes.
NWpostie
Posts: 3614
Joined: 04 Aug 2007, 17:32
Gender: Male
Location: Sector 001 Borg Collective, 6 o f 9

Re: VOLUNTARY REDUNDANCY

Post by NWpostie »

So short staffed that RM sacked/suspended/Investigated post staffs for the flimiest reason, just read that up North in Merseyside 6 posties were suspended. for having cup of tea in a pub during their meal breaks with access to toilet facilities.

That really does wonders for industrial relations.
Six of Nine loves Seven of Nine, together in Electric Dreams.
olilew
Posts: 594
Joined: 19 May 2010, 22:04
Gender: Male

Re: VOLUNTARY REDUNDANCY

Post by olilew »

It was actually 11 but 3 were reinstated almost immediately. What's equally disturbing is that the managers there are now blaming these posties for the offices' failings to take the heat off themselves!
"Just take it out and see how you go......."
Shirtbuttons
EX ROYAL MAIL
Posts: 292
Joined: 06 Sep 2020, 14:46
Gender: Male

Re: VOLUNTARY REDUNDANCY

Post by Shirtbuttons »

I was told by the local Evri driver that they are on 80p per parcel and get an average of 130parcels a day. Sometimes more. It’s job and knock and basically work when you want. They can quite easily clear £500 a week with no one breathing down their necks and no clocking up 60 miles walking a week.
Future for a walker is skin cancer, bad knees, arthritis in shoulders due to years of carrying bags and many other problems. I know many who have these problems and it’s getting worse with time. The future is bleak.
tim1699
Posts: 26
Joined: 23 Feb 2007, 10:57

Re: VOLUNTARY REDUNDANCY

Post by tim1699 »

I left during the dispute took the extra 6k not taxed in fact the tax man gave me a rebate because I left before the end of the tax year and also I've never been happier since I left good luck to those that remain as nothing I hear when I speak to ex colleagues sounds good
fallenworld2022
Posts: 149
Joined: 12 Jul 2022, 15:11
Gender: Male

Re: VOLUNTARY REDUNDANCY

Post by fallenworld2022 »

theres no going be anymore vrs the way things are going people are going leave voluntary with the new conditions
Tman
Posts: 4135
Joined: 21 Oct 2007, 09:57

Re: VOLUNTARY REDUNDANCY

Post by Tman »

Shirtbuttons wrote:
13 Aug 2023, 12:34
I was told by the local Evri driver that they are on 80p per parcel and get an average of 130parcels a day. Sometimes more. It’s job and knock and basically work when you want.
Probably 130 drops a day, so how much job-and-knock or "work when you want" is he going to get in reality?
Most of them still seem to be out delivering 7/8pm, and he probably is too.
Route1
Posts: 369
Joined: 05 Jun 2015, 00:48
Gender: Female

Re: VOLUNTARY REDUNDANCY

Post by Route1 »

Shirtbuttons wrote:
13 Aug 2023, 12:34
I was told by the local Evri driver that they are on 80p per parcel and get an average of 130parcels a day. Sometimes more. It’s job and knock and basically work when you want. They can quite easily clear £500 a week with no one breathing down their necks and no clocking up 60 miles walking a week.
Future for a walker is skin cancer, bad knees, arthritis in shoulders due to years of carrying bags and many other problems. I know many who have these problems and it’s getting worse with time. The future is bleak.

£0.80 x 130 = £104 (evri)
£14 x 7&1/2hours = £105 (rm)

Still prefer RM to evri. evri probably still needs to pay for fuel / van wear / etc

Postie job is getting fecked, but i still like it but not as much as i used to. I fear it'll get worse.
mattick
Posts: 117
Joined: 26 Nov 2019, 21:28
Gender: Male

Re: VOLUNTARY REDUNDANCY

Post by mattick »

Didn't a lot of people get shafted on that £6k? same way a lot of leavers where shafted on their accumulated holiday pay