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Revision payments not being paid

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
thomastoby63
Posts: 3
Joined: 06 Jul 2011, 19:27
Gender: Male

Revision payments not being paid

Post by thomastoby63 »

Anyone heard about revision payments not being made because RM can't afford it???
Midnight+13
Posts: 118
Joined: 28 Oct 2009, 17:40
Gender: Male

Re: Revision payments not being paid

Post by Midnight+13 »

Not surprised really, royal fail have already done us out of our share payments. Yet another Broken promise.
TrueBlueTerrier
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Posts: 72725
Joined: 30 Dec 2006, 10:29
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Location: On my couch

Re: Revision payments not being paid

Post by TrueBlueTerrier »

thomastoby63 wrote:Anyone heard about revision payments not being made because RM can't afford it???
No

We were paid our £600 about 6 weeks ago and are due £200 this week......
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fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
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Re: Revision payments not being paid

Post by fishtank »

thomastoby63 wrote:Anyone heard about revision payments not being made because RM can't afford it???

Why don't they use the £109Million they screwed off us with the colleagueshares. :whistle
The value of ColleagueShares is a result of the deteriorating financial position of the Group which is reflected in the latest business plan. This has resulted in the provision at 27 March 2011 for the redemption value at the end of the scheme being reduced to £nil and a credit of £109m recognised in modernisation costs.
good times, bad times you know I've had my share
torman
Posts: 50
Joined: 01 Jun 2007, 17:52

Re: Revision payments not being paid

Post by torman »

tbt, what triggered the £600 that you have just received.Would be grateful if you could expand,cheers mate.Am pleased your office got the money due
edwardo
Posts: 180
Joined: 23 Sep 2010, 19:01
Gender: Male

Re: Revision payments not being paid

Post by edwardo »

walk seq started monday not busy think we will struggle then ,£200 to be paid on 14 sept ( TUES) according to manager they should bring back jackanory for RM management they haven t a clue
TrueBlueTerrier
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Re: Revision payments not being paid

Post by TrueBlueTerrier »

torman wrote:tbt, what triggered the £600 that you have just received.Would be grateful if you could expand,cheers mate.Am pleased your office got the money due
A walk sequencing revision with later starts 6:30 and longs and shorts (8,7,8.5,8.5,7) - rotating days off to be introduced after revision has bedded in (yeah - more saturdays off for me :nana )
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bedfordrl
Posts: 386
Joined: 10 Aug 2007, 22:16
Gender: Male
Location: North East Hampshire

Re: Revision payments not being paid

Post by bedfordrl »

I would not hold your breath if was you.

We will be getting our first £200 this Friday (hopefully).

This was after months of faffing,then finally agreeing and signing off, then seven odd weeks later putting in a disagreement and then finally a letter of withdrawal of support for the revision .
On the very day I was conferring with the union on the idea of having a gateside meeting with the office the call came through that our money was in the system.

If that is what it takes to get the money then how much of a fight are they going to put up to stop us getting our £600.
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Re: Revision payments not being paid

Post by daveyeff »

TrueBlueTerrier wrote:
thomastoby63 wrote:Anyone heard about revision payments not being made because RM can't afford it???
No

We were paid our £600 about 6 weeks ago and are due £200 this week......
aye, i,ve heard it. read my post 'the £600'