ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE
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500 Lump Sum and 900 Minimum Escrow Payment Confirmed
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LouBarlow
- Posts: 4593
- Joined: 15 Oct 2007, 18:56
500 Lump Sum and 900 Minimum Escrow Payment Confirmed
It will be interesting to see how the escrow payment shakes out, given how many people claim to have left the business since the agreement came in.
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BenacreNick
- Posts: 1111
- Joined: 18 Jul 2022, 13:27
- Gender: Male
Re: £500 Lump Sum and £900 Minimum Escrow Payment Confirmed
Confirmed by who exactly ?
You can't blame staff for being highly anxious/suspicious about this issue.
You can't blame staff for being highly anxious/suspicious about this issue.
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LouBarlow
- Posts: 4593
- Joined: 15 Oct 2007, 18:56
Re: £500 Lump Sum and £900 Minimum Escrow Payment Confirmed
The CWU. The author of the tweet in the OP. Why would staff be anxious or suspicious?BenacreNick wrote: ↑06 Sep 2023, 08:49Confirmed by who exactly ?
You can't blame staff for being highly anxious/suspicious about this issue.
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FirstPost
- Posts: 614
- Joined: 16 Aug 2018, 09:37
- Gender: Female
Re: £500 Lump Sum and £900 Minimum Escrow Payment Confirmed
900 minimum means just that. That's all your getting
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LouBarlow
- Posts: 4593
- Joined: 15 Oct 2007, 18:56
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roadrunner bill
- Posts: 388
- Joined: 18 Oct 2018, 09:03
- Gender: Male
Re: £500 Lump Sum and £900 Minimum Escrow Payment Confirmed
Should be 2 grand paid out to everyone, for the stress and anxiety the dispute caused..
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Acca Dacca
- Posts: 3168
- Joined: 16 Aug 2009, 17:13
- Gender: Male
Re: £500 Lump Sum and £900 Minimum Escrow Payment Confirmed
Is the escrow pay pro rata?
If you tolerate this, then your paid break will be next
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ted_e_bear
- Posts: 3825
- Joined: 03 Sep 2012, 19:37
- Gender: Male
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George50
- Posts: 54
- Joined: 24 Jun 2023, 17:02
- Gender: Male
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Seymour Buts
- Posts: 1145
- Joined: 22 Jun 2017, 20:17
- Gender: Male
Re: £500 Lump Sum and £900 Minimum Escrow Payment Confirmed
We voted for said dispute, so we can hardly pull that card can we.roadrunner bill wrote: ↑06 Sep 2023, 11:20Should be 2 grand paid out to everyone, for the stress and anxiety the dispute caused..
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geordieboy123
- Posts: 372
- Joined: 06 Nov 2014, 17:35
- Gender: Female
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richj2009
- Posts: 256
- Joined: 22 Oct 2009, 17:24
- Gender: Male
Re: £500 Lump Sum and £900 Minimum Escrow Payment Confirmed
Absolutely. It relies on the number of staff in the business at the time of the payment. If the figures of people jumping ship are true, then it could be more that 900. Whatever anyway. Blood money for what this ridiculous job has become. For supposed unskilled workers it takes a lot of skill or should I say agility to get done on time with the current workload. Unachievable completely ridiculous.geordieboy123 wrote: ↑06 Sep 2023, 17:01No it doesn’t, if it’s a minimum then that means it could be more
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tansorboy
- Posts: 336
- Joined: 22 Jan 2012, 12:41
- Gender: Male
Re: £500 Lump Sum and £900 Minimum Escrow Payment Confirmed
The taxman taketh a third. It is written.
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cockneyrebel
- EX ROYAL MAIL
- Posts: 117
- Joined: 08 Nov 2017, 13:54
- Gender: Male
Re: £500 Lump Sum and £900 Minimum Escrow Payment Confirmed
CORRECT 20% Tax and 12% National Insurance is removed from the figures
Not so great then are they in light of current postal situation re UK
Not so great then are they in light of current postal situation re UK
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Jefferson Starfish
- Posts: 875
- Joined: 12 Aug 2011, 15:32
- Gender: Female
- Location: Greendale DO
Re: £500 Lump Sum and £900 Minimum Escrow Payment Confirmed
Income over about £970 per week only attracts national insurance at 2%.cockneyrebel wrote: ↑06 Sep 2023, 18:18CORRECT 20% Tax and 12% National Insurance is removed from the figures
Not so great then are they in light of current postal situation re UK