I received this email today

[Latetodaypostie]

I received this email today

Dear ********

Thank you for your email, which Adam has asked me to respond to on his behalf. I'm sorry to hear that this is how you feel but I would like to explain the real facts about what is currently being offered and what we are asking in return.

Flexibility is about managers, postmen and women and local reps working together sensibly, to make sure the job gets done in the best and most efficient way - with a bit of give and take on each side. It is NOT about people not knowing where they are working, what they are doing or what they will be from one week to the next. We will always take account of individual circumstances - but flexibility will apply equally to everyone,e.g. People will be asked to cover each other's leave and absence, where they can and within their scheduled hours (otherwise overtime will of course be paid). Scheduled hours may be different on different days of the week. Scheduled hours may vary at different times of the year , eg. to reflect lighter workload in the summer. People may be asked to vary their times by up to 30 mins - go early one day and make up the time later in the week.

In the 1990s, investment performance was strong and there was a surplus inpart of the Plan - Sections A & B (or POSSS as it was called back then).Tax laws at the time imposed penalties on pension plans that were overfunded. To avoid reaching this point the company, following professional advice and with the agreement of the Trustee, temporarily stopped payingcontributions to reduce the surplus (this is often called a contributions holiday). During the holiday, the financial position of the Plan was regularly monitored. However, at that time, no one could have predicted the significant fall in investment markets in the years prior to 2003 or the sudden rise in the number of people living longer. As soon as the Trustee's actuarial valuation showed that the Plan was not in surplus, company contributions restarted in full. The company has always contributed toSection C (formerly POPS).

We are offering a two year pay offer which includes 5.4% on basic pay from October 2007 taking full time national basic pay from £324.92 per week to £342.46. Then 1.5% on basic pay in April 2008 (on condition we getagreement on pension reform, change and flexibility) taking full time national basic pay to £347.60. This is a total of 6.9% over two years. Plus a lump sum of £175 in October - pro rata for part-timers - funded from the employee share of savings which then closes. A 50:50 productivity schemefor local savings over and above budget. ColleagueShare dividends of £800 this year (£400 for deploying your local flexibility plan and £400 for hitting group profit targets).

Regards Paul Wilkes
Assistant To Tom Melvin
Operations DirectorRoyal Mail (Letters)

[bristolchris]

I received this email today

Dear ********

Thank you for your email, which Adam has asked me to respond to on his behalf. I'm sorry to hear that this is how you feel but I would like to explain the real facts about what is currently being offered and what we are asking in return.


Regards Paul Wilkes
Assistant To Tom Melvin
Operations DirectorRoyal Mail (Letters)

So it is right? Tom Melvin does do the thinking for Adam

[DirtyHarry]

I've a good SPAM filter on my e-mail programe, that pile of s**t would have been zapped immediately it tried to infect my computer.

[DGP1]

I've a good SPAM filter on my e-mail programe, that pile of s**t would have been zapped immediately it tried to infect my computer.

I would have to get a Bullshit filter fitted to my email account

[G4GYJ]

Same old bullshit. Whos talking cobblers now.

[postman1965]

what is group profit targets anyone know

[DirtyHarry]

I've a good SPAM filter on my e-mail programe, that pile of s**t would have been zapped immediately it tried to infect my computer.

I would have to get a Bullshit filter fitted to my email account

I know what you mean, mate.

[mailjock]

How the hell can they claim it's a 2 year deal when they are ignoring April to October. So it's 6.9 per cent over 30 months in reality.
Also has anyone emailed them back and asked for their projected net pay increase when the non-payment for D2D is factored in?

That would be an interesting question - wonder if they would answer - like hell but it gives us ammunition.

[Hang em high!]

They can stick that up thier hole, the hole that's very close to thier COBBLERS!!!!

[Captain Scarlet]

It was Melvin and Cameron who kicked the last "nearly" agreement in the bin, so yeah it isn,t Dozier who is calling the shots but others who know more about the job, but want to shaft us into the bargain!!!! ONE OUT ALL OUT..............

[chayoliver]

I received this email today

Dear ********

Thank you for your email, which Adam has asked me to respond to on his behalf. I'm sorry to hear that this is how you feel but I would like to explain the real facts about what is currently being offered and what we are asking in return.

Flexibility is about managers, postmen and women and local reps working together sensibly, to make sure the job gets done in the best and most efficient way - with a bit of give and take on each side. It is NOT about people not knowing where they are working, what they are doing or what they will be from one week to the next. We will always take account of individual circumstances - but flexibility will apply equally to everyone,e.g. People will be asked to cover each other's leave and absence, where they can and within their scheduled hours (otherwise overtime will of course be paid). Scheduled hours may be different on different days of the week. Scheduled hours may vary at different times of the year , eg. to reflect lighter workload in the summer. People may be asked to vary their times by up to 30 mins - go early one day and make up the time later in the week.

In the 1990s, investment performance was strong and there was a surplus inpart of the Plan - Sections A & B (or POSSS as it was called back then).Tax laws at the time imposed penalties on pension plans that were overfunded. To avoid reaching this point the company, following professional advice and with the agreement of the Trustee, temporarily stopped payingcontributions to reduce the surplus (this is often called a contributions holiday). During the holiday, the financial position of the Plan was regularly monitored. However, at that time, no one could have predicted the significant fall in investment markets in the years prior to 2003 or the sudden rise in the number of people living longer. As soon as the Trustee's actuarial valuation showed that the Plan was not in surplus, company contributions restarted in full. The company has always contributed toSection C (formerly POPS).

We are offering a two year pay offer which includes 5.4% on basic pay from October 2007 taking full time national basic pay from £324.92 per week to £342.46. Then 1.5% on basic pay in April 2008 (on condition we getagreement on pension reform, change and flexibility) taking full time national basic pay to £347.60. This is a total of 6.9% over two years. Plus a lump sum of £175 in October - pro rata for part-timers - funded from the employee share of savings which then closes. A 50:50 productivity schemefor local savings over and above budget. ColleagueShare dividends of £800 this year (£400 for deploying your local flexibility plan and £400 for hitting group profit targets).

Regards Paul Wilkes
Assistant To Tom Melvin
Operations DirectorRoyal Mail (Letters)

I want 5.4% on the £440 per week crozier reckons we earn, he e-mailed me twice yesterday claiming it was fact that we earnt this sum now he gets some one else to reply to his e-mails and the figure £323 comes out so will he admit to lying now, i doubt it

[opgpat]

Obviously the CEO knows what BASIC pay (?!) is but is making out to the public and press that it's a far higher figure by including overtime payments. His 'average take home' figure reflects bloody hard work by guys choosing to do buckets of OT and u could create such a figure for any minimum waged sector to make it look well paid.

This is what's called a manipulation of the truth - and from your email response it is clear Crazier is VERY comfortable in misleading the public and press.

lol - Crazier was a mistype - will it stick?!

[stamper]

o my god how much are my phantom shares going to be worth now

[TrueBlueTerrier]

o my god how much are my phantom shares going to be worth now

Exactly the same in 4 years time as they were 4 years ago. We did not have them then so they were worth £0 and that's how much they will be worth in 4 years.

What's the betting if we accept this that they perform really well and hit all targets in the first 3 years, and then surprise surprise the last year we perform so badly that they are worth nothing when we get to cash them in.

[frankie]