Cost of not striking for average postman in a delivery unit

Post by **stephen500** » 08 Oct 2007, 08:38

I thought i would re-post this calculation i did for the cost of striking verus the loss of earnings over a ten year period. I combined it with loss of pension and contributions for five years from 60-65.
So if you think striking is costing you money look at the long term cost to a postman who does Â£20 worth of d2d and works four hours o/t a week.
Calculations for o/t are at Â£8.00 per hour (i know it is slightly more and would be worse still if it was at s/a rates)

You lose Â£60 a day for now but a postman earning Â£20 per week on d2d and doing four hours o/t a week covering s/l a/l, stands to lose the following over a ten year period (Pension calc over five year period)

Â£20 d2d per week
Â£32 a week in o/t (lost because of covering for nothing s/l and a/l)
=Â£2704 per year
or Â£27040.00 over ten years
Cost of strike @ Â£60 per day lets say 20 times =Â£1200

Loss to those postman throwing towel in Â£25840

Oh and next Â£10000 per annum pension 60-65 Â£50000

Plus contributions 60-65 @Â£20 pw for 5 years= Â£5200

Full cost of loss pension and contributions postman Â£52500
So loss of d2d and o/t = 25840
loss of pensions and contributions =Â£52500
Total losses= Â£78340
@ Â£64.60 per day (gross pay) means you would have to have been on strike
for 1212 days before the union loses you money.
Those figures are for people only earning Â£20 per week d2d and doing 4 hrs o/t a week, if you do more then that you will lose even more!

Post by **disheartened** » 08 Oct 2007, 08:44

Interesting Stephen.....i am one of those that can see the bigger picture and the pension is my biggest gripe/worry,lets hope your hard work and calculations help others to further than the end of their nose's.

Post by **stephen500** » 08 Oct 2007, 08:49

disheartened wrote:Interesting Stephen.....i am one of those that can see the bigger picture and the pension is my biggest gripe/worry,lets hope your hard work and calculations help others to further than the end of their nose's.

I wouldn't hold your breath they once sold a 20 min break in my office for a Â£300 one off payment.

simply_the_best · Post by **simply_the_best** » 08 Oct 2007, 10:53

Good work mate, im going to print that off and show it to the scab bastards in my work on wednesday, they really sicken me :cfo

BELIAL · Post by **BELIAL** » 08 Oct 2007, 11:02

Biggest cost, and you never recoup it PRIDE and SELF RESPECT

Spedley · Post by **Spedley** » 08 Oct 2007, 11:25

I pretty much agree with you.

I've been telling all the public I can that RM want to give us a Â£7.50 per week pay rise. Then I say then want to take Â£25 off us in bonuses (D2D etc) and give us Â£25 more work to do (cover sick leave etc)

It was a rough calculation but if we roll over and take it we will be the equivalent of Â£40 per week worse off. And that is not just this year, that is forever.

rockypostie · Post by **rockypostie** » 08 Oct 2007, 13:58

Just seen a scab post van parked near my house and must be doing my road on overtime so i have just printed that off and stuck it on my front door for when he gets to my house!!!

not me · Post by **not me** » 08 Oct 2007, 14:19

stephen500 wrote:
disheartened wrote:Interesting Stephen.....i am one of those that can see the bigger picture and the pension is my biggest gripe/worry,lets hope your hard work and calculations help others to further than the end of their nose's.
I wouldn't hold your breath they once sold a 20 min break in my office for a Â£300 one off payment.

yup when there was talk of a Â£300 or so payout in leu of a % payrise some in my office were keen to take it.
soon told them how shortsighted they were being