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About the bonus in tomorrows wages

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
Theghost
EX ROYAL MAIL
Posts: 417
Joined: 17 Mar 2009, 16:44
Gender: Male

About the bonus in tomorrows wages

Post by Theghost »

As we all know tomorrow we are being paid £400 bonus,pro rata for part timers.

This bonus i am led to believe is a dividend from shares?

If this is the case then the tax we pay on this bonus will only be 10%

Please correct me if i am wrong,I hope not.
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piranha
EX ROYAL MAIL
Posts: 496
Joined: 01 Aug 2007, 09:30
Gender: Male

Re: About the bonus in tomorrows wages

Post by piranha »

They are not real shares, I think it's taxed normal rate along with the rest of your wages
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andy.m
Posts: 47
Joined: 01 Jan 2009, 18:46
Gender: Male

Re: About the bonus in tomorrows wages

Post by andy.m »

I joined royal mail in november 2008, on a part time contract. I was then given and full time contract about 2 months ago. will i receive any bonus?
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Big Daz
Posts: 5668
Joined: 17 Apr 2007, 20:27
Gender: Male

Re: About the bonus in tomorrows wages

Post by Big Daz »

andy.m wrote:I joined royal mail in november 2008, on a part time contract. I was then given and full time contract about 2 months ago. will i receive any bonus?

Yes

Pro rata.
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Theghost
EX ROYAL MAIL
Posts: 417
Joined: 17 Mar 2009, 16:44
Gender: Male

Re: About the bonus in tomorrows wages

Post by Theghost »

Andy,you have been at royal mail for just over 6 months and made full time already,that is a bonus in itself.

Our office we have had nobody made full time for over 3 years,just 25 hour contracts replacing anybody who leaves.

Us full timers down to the bare bone.

In 15 years morale has never been so low :sad:
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TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72675
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Re: About the bonus in tomorrows wages

Post by TrueBlueTerrier »

Big Daz wrote:
andy.m wrote:I joined royal mail in november 2008, on a part time contract. I was then given and full time contract about 2 months ago. will i receive any bonus?

Yes

Pro rata.

Not sure on this one as I thought for the colleague shares ones you had to be in post in Apr 08 to qualify.

This is why I disagree with the whole idea of bonuses, too many hoops to jump through to qualify. Put it into basic pay instead.
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Pat Ostman
Posts: 2797
Joined: 17 Sep 2008, 21:53
Gender: Male
Location: In the Line Managers office being screwed over.

Re: About the bonus in tomorrows wages

Post by Pat Ostman »

TrueBlueTerrier wrote:
Big Daz wrote:
andy.m wrote:I joined royal mail in november 2008, on a part time contract. I was then given and full time contract about 2 months ago. will i receive any bonus?

Yes

Pro rata.

Not sure on this one as I thought for the colleague shares ones you had to be in post in Apr 08 to qualify.

This is why I disagree with the whole idea of bonuses, too many hoops to jump through to qualify. Put it into basic pay instead.
TBT (in my opinion) is correct. No CS Bonus unless you have been at Royal Mail for 12 months (Apr 08)
Run, rabbit run. Dig that hole, forget the sun.
And when at last the work is done. Don't sit down, it's time to dig another one
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Big Daz
Posts: 5668
Joined: 17 Apr 2007, 20:27
Gender: Male

Re: About the bonus in tomorrows wages

Post by Big Daz »

Last year OPG's/CWU mbrs in my D.O who had been with RML less than 12 months got a payment pro rata to how long they had been in place since April 2007.
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ramsay ladders
Posts: 30
Joined: 18 Dec 2008, 17:21
Gender: Male

Re: About the bonus in tomorrows wages

Post by ramsay ladders »

Big Daz wrote:Last year OPG's/CWU mbrs in my D.O who had been with RML less than 12 months got a payment pro rata to how long they had been in place since April 2007.

I have been with RM since November and been told by my DOM I will get the bonus pro rata. Time will tell.
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thewolf86
Posts: 1
Joined: 14 Dec 2008, 18:05
Gender: Male

Re: About the bonus in tomorrows wages

Post by thewolf86 »

Just thought id add to this,i had a letter on saturday stating that i would be getting some of this bonus pro rata, and ive been with the company since last july. Originally my DOM told me i would be getting nothing but there you go!
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ramsay ladders
Posts: 30
Joined: 18 Dec 2008, 17:21
Gender: Male

Re: About the bonus in tomorrows wages

Post by ramsay ladders »

thewolf86 wrote:Just thought id add to this,i had a letter on saturday stating that i would be getting some of this bonus pro rata, and ive been with the company since last july. Originally my DOM told me i would be getting nothing but there you go!
I received a letter too but mine told me I was getting the full £400 despite having joined 4 months later than you :crazy:
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andy.m
Posts: 47
Joined: 01 Jan 2009, 18:46
Gender: Male

Re: About the bonus in tomorrows wages

Post by andy.m »

Yea, I got the letter aswell, just not sure if im eligible or not.
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Pat Ostman
Posts: 2797
Joined: 17 Sep 2008, 21:53
Gender: Male
Location: In the Line Managers office being screwed over.

Re: About the bonus in tomorrows wages

Post by Pat Ostman »

ramsay ladders wrote:
thewolf86 wrote:Just thought id add to this,i had a letter on saturday stating that i would be getting some of this bonus pro rata, and ive been with the company since last july. Originally my DOM told me i would be getting nothing but there you go!
I received a letter too but mine told me I was getting the full £400 despite having joined 4 months later than you :crazy:
All I got was a standard letter.
Run, rabbit run. Dig that hole, forget the sun.
And when at last the work is done. Don't sit down, it's time to dig another one
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ghostgirl
Posts: 157
Joined: 06 Apr 2008, 00:44

Re: About the bonus in tomorrows wages

Post by ghostgirl »

I have been at royal mail for 18 months...was on a 25 hr contract until about 4wks ago when I got a 32.5hr contract - will I get £250 or £325...thks
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dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: About the bonus in tomorrows wages

Post by dvbuk55 »

ghostgirl wrote:I have been at royal mail for 18 months...was on a 25 hr contract until about 4wks ago when I got a 32.5hr contract - will I get £250 or £325...thks
You'll soon know - but I imagine it will be calculated April to April - the financial year end so I would think £250.
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