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£400 lump sum--how will you spend it?

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
raikkonen85
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Location: London

Re: £400 lump sum--how will you spend it?

Post by raikkonen85 »

yes. i was expecting 400 pounds. its based on contract or actual hours worked in the last 12 months.
TrueBlueTerrier
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Re: £400 lump sum--how will you spend it?

Post by TrueBlueTerrier »

Apparently its worked out on 2 figures. Hours and length of service in last FY year

Divide the £400 by 12 for months

so at FT is £33.33 per month

work out the prorata amount

so if you are 20 hours it would be £16.65

Then if you have not been employed for the full FINANCIAL YEAR (6th April 2009 to 5th April 2010) multiply it by the months you have been with Royal Mail

So a 20 hour postie that's been with RM 6 months as of 5 Apr 2010 would get £100

A 40 hour postie thats been with RM 7.5 months would get £250.

This is reverse engineering the figure people have supplied me with on other threads so it may be wrong but at least it would give you an idea of how much you should get using RMs figures.
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dvbuk55
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Re: £400 lump sum--how will you spend it?

Post by dvbuk55 »

Quite succinctly phrased TBT - not really that complicated for people to understand, so how come the agreement said £400 for all do you think? You don't think that someone wanted to portray the agreement as something better than it was - as if it wasn't bad enough :shock:
DemonPostie
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Re: £400 lump sum--how will you spend it?

Post by DemonPostie »

I got 338 quid and I'm on a 28.45 hour conract! Awsome! However, I am going to be losing about 20 quid a week as soon as d2d payments stop...
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POSTMAN
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Re: £400 lump sum--how will you spend it?

Post by POSTMAN »

How the part timers lump sum was worked out...
Royal Mail wrote: when deciding on the right amount to pay to part timers, we look at the actual hours worked over the last year, rather than contracted hours, so that if you work additional hours this will be taken into account.
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pinstripe
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Re: £400 lump sum--how will you spend it?

Post by pinstripe »

POSTMAN wrote:I would answer in this thread but i'm not allowed,hold tight peeps for Mrs POSTMAN :oops:
Has she told you yet how you're (she's) going to spend it yet Postman?
jaja
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Joined: 07 Oct 2009, 13:32
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Re: £400 lump sum--how will you spend it?

Post by jaja »

I GOT A LOT LOT LOT LOT LOT MORE THAT THAT HAHAHAHAHA :dance :wave
pinstripe
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Re: £400 lump sum--how will you spend it?

Post by pinstripe »

jaja wrote:I GOT A LOT LOT LOT LOT LOT MORE THAT THAT HAHAHAHAHA :dance :wave
Your jokes are not funny, you'll note that you are the only one laughing at them.
dados
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Re: £400 lump sum--how will you spend it?

Post by dados »

pinstripe wrote:
jaja wrote:I GOT A LOT LOT LOT LOT LOT MORE THAT THAT HAHAHAHAHA :dance :wave
Your jokes are not funny, you'll note that you are the only one laughing at them.
well said,there's enough resentment about this payment on here without rubbing peoples noses in it.
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jaja
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Re: £400 lump sum--how will you spend it?

Post by jaja »

pinstripe wrote:
jaja wrote:I GOT A LOT LOT LOT LOT LOT MORE THAT THAT HAHAHAHAHA :dance :wave
Your jokes are not funny, you'll note that you are the only one laughing at them.
YEP YOUR SPOT ON M8TY :wave :Boo hoo!
I am number six
Posts: 84
Joined: 16 Mar 2010, 19:08
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Re: £400 lump sum--how will you spend it?

Post by I am number six »

TrueBlueTerrier wrote:Apparently its worked out on 2 figures. Hours and length of service in last FY year

Divide the £400 by 12 for months

so at FT is £33.33 per month

work out the prorata amount

so if you are 20 hours it would be £16.65

Then if you have not been employed for the full FINANCIAL YEAR (6th April 2009 to 5th April 2010) multiply it by the months you have been with Royal Mail

So a 20 hour postie that's been with RM 6 months as of 5 Apr 2010 would get £100

A 40 hour postie thats been with RM 7.5 months would get £250.

This is reverse engineering the figure people have supplied me with on other threads so it may be wrong but at least it would give you an idea of how much you should get using RMs figures.
Hmm :hmmmm You really need to get out more, I am getting worried, I mean how many hours do you sit behind your computer with this total round and round in circle waste of time debates same ol same ol clicky minority :no no
TrueBlueTerrier
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Re: £400 lump sum--how will you spend it?

Post by TrueBlueTerrier »

I am number six wrote:
TrueBlueTerrier wrote:Apparently its worked out on 2 figures. Hours and length of service in last FY year

Divide the £400 by 12 for months

so at FT is £33.33 per month

work out the prorata amount

so if you are 20 hours it would be £16.65

Then if you have not been employed for the full FINANCIAL YEAR (6th April 2009 to 5th April 2010) multiply it by the months you have been with Royal Mail

So a 20 hour postie that's been with RM 6 months as of 5 Apr 2010 would get £100

A 40 hour postie thats been with RM 7.5 months would get £250.

This is reverse engineering the figure people have supplied me with on other threads so it may be wrong but at least it would give you an idea of how much you should get using RMs figures.
Hmm :hmmmm You really need to get out more, I am getting worried, I mean how many hours do you sit behind your computer with this total round and round in circle waste of time debates same ol same ol clicky minority :no no
Its OK I enjoy doing it - just like you appear to want to make things personal rather than debate the issues. Whatever floats your boat as long as it doesn't break the rules like your mate jaja did.
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My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.
mazza111
EX ROYAL MAIL
Posts: 877
Joined: 09 Mar 2010, 16:30
Gender: Female

Re: £400 lump sum--how will you spend it?

Post by mazza111 »

apparently they have also averaged out the weekly hours worked, so if you worked a lot of overtime you got extra of the bonus. According to the email I received :)
mazza111
EX ROYAL MAIL
Posts: 877
Joined: 09 Mar 2010, 16:30
Gender: Female

Re: £400 lump sum--how will you spend it?

Post by mazza111 »

But back on topic, treated myself to a nice new netbook :)
DGP1
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Re: £400 lump sum--how will you spend it?

Post by DGP1 »

My wife enjoyed it http://www.thediamondstore.co.uk/Gucci- ... e=googleps" onclick="window.open(this.href);return false; :sad: I even had to chip in the extra £9 :nervous
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