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How does the managers bonus system work?

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
Rumple
Posts: 429
Joined: 20 Nov 2013, 10:45
Gender: Male

How does the managers bonus system work?

Post by Rumple »

How is it decided how much bonus each manager receives?
houseoflords
Posts: 352
Joined: 06 Feb 2012, 22:25
Gender: Male

How does the managers bonus system work?

Post by houseoflords »

Bully more = more pay
tonytucker
Posts: 190
Joined: 06 Aug 2009, 18:20
Gender: Male
Location: Essex now

How does the managers bonus system work?

Post by tonytucker »

Bigger the c***s the bigger the bonus
BRING IT BACK BRING IT BACK
psyCrowe
Posts: 57
Joined: 23 Feb 2016, 12:28
Gender: Male

How does the managers bonus system work?

Post by psyCrowe »

Without knowing anything about it, i would guess that their savings -if any- are totalled over four quarters and they then get a percentage of the savings, factored with quality of service regarding complaints, special deliveries, tracked.

Would also be interested to know.
rubberbond
Posts: 1497
Joined: 24 Aug 2014, 16:03
Gender: Male

How does the managers bonus system work?

Post by rubberbond »

There are a variety of performance related issues taken into account,regarding your unit's performance,I can't remember what they are, but they will be the usual,specials,tracked ,accidents and complaints etc, as well as office savings. However the bonus is nowhere near as much as people seem to think, it is usually in the high hundreds , occasionally the low 1,000's. Talk of multiple thousands is ridiculous.
jaxx
Posts: 19
Joined: 08 Jun 2010, 21:36
Gender: Male

How does the managers bonus system work?

Post by jaxx »

rubberbond wrote:There are a variety of performance related issues taken into account,regarding your unit's performance,I can't remember what they are, but they will be the usual,specials,tracked ,accidents and complaints etc, as well as office savings. However the bonus is nowhere near as much as people seem to think, it is usually in the high hundreds , occasionally the low 1,000's. Talk of multiple thousands is ridiculous.
They can earn up to 12% of their salary. So they can earn thousands of pounds in bonuses and usually do as it is also linked to the bonus paid to the directors. The two go hand in hand and are based on the corporate scorecard.
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POSTMAN
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Joined: 07 Aug 2006, 03:19
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How does the managers bonus system work?

Post by POSTMAN »

There is a post on here (Which I can't bloody find) where all the details are in, the percentages for this and that ect. :d'oh!
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
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POSTMAN
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How does the managers bonus system work?

Post by POSTMAN »

Just remembered from the other year the last time the scrotes got a bigun...
BBC:Riots at Primark as Royal Mail managers spend their bonuses
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
ninja
Posts: 193
Joined: 08 Sep 2010, 20:16
Gender: Male

How does the managers bonus system work?

Post by ninja »

We reward our people well at Royal Mail. In addition to a competitive salary, our Operations managers also receive:

10%+ bonus potential
Up to 25 days' annual leave when you start, rising to a maximum of 30 days
Option to purchase additional holiday
Pension scheme
Childcare vouchers
Cycle-to-work scheme
Interest-free season ticket loan (after one years’ service)
High-street, leisure, entertainment and motoring discounts and offers
postslippete
Posts: 4196
Joined: 14 Jul 2014, 16:27
Gender: Male

How does the managers bonus system work?

Post by postslippete »

So everyone's a winner at Royal Mail? The gaffers get a bonus whilst the rest of us don't??

Something tells me that they might have to work a bit harder for their next bonus
On the face of it, shareholder value is the dumbest idea in the world.
damien76
Posts: 2
Joined: 03 Jan 2013, 12:12
Gender: Male

How does the managers bonus system work?

Post by damien76 »

What does "up to 10%" amount to? About £50 a week after tax etc? Doesn't seem worth the hassle
Brandy
EX ROYAL MAIL
Posts: 729
Joined: 12 Sep 2011, 21:03
Gender: Female

How does the managers bonus system work?

Post by Brandy »

tonytucker wrote:Bigger the c***s the bigger the bonus
:chuckle :shock: :chuckle But true!!
walkthewalk
Posts: 220
Joined: 29 Mar 2011, 12:37
Gender: Male

How does the managers bonus system work?

Post by walkthewalk »

Brandy wrote:
tonytucker wrote:Bigger the c***s the bigger the bonus
:chuckle :shock: :chuckle But true!!
That means our DOM is very well off :hmmmm
Nickvilla20
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Joined: 13 May 2013, 07:30
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How does the managers bonus system work?

Post by Nickvilla20 »

I've heard they told the managers in our office there not getting there bonus
Brandy
EX ROYAL MAIL
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Joined: 12 Sep 2011, 21:03
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How does the managers bonus system work?

Post by Brandy »

Nickvilla20 wrote:I've heard they told the managers in our office there not getting there bonus
:nana :nana :nana :nana :nana :nana :nana :nana