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Pay Deal : Updated figures included!

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
TheTrolleyMan
Posts: 776
Joined: 13 Mar 2017, 15:39
Gender: Male

Pay Deal : Updated figures included!

Post by TheTrolleyMan »

panch1989 wrote:We don't get time and half. Must be the only workplace in the world that doesn't get it
And that's why RM are happy that the jobs run on overtime , less staff = less sick pay , pension commitments etc
fly-catchers
EX ROYAL MAIL
Posts: 573
Joined: 05 Oct 2008, 16:38
Gender: Male

Pay Deal : Updated figures included!

Post by fly-catchers »

I assuming this new pay deal when actioned will change what you might already received from your Final salary part of the pension? I started getting my NRA60 last week so hope it might be increased if this 5% deal goes through. Any confirmation on this would be good!
Lincox
EX ROYAL MAIL
Posts: 3485
Joined: 09 Jan 2008, 18:07
Gender: Male

Pay Deal : Updated figures included!

Post by Lincox »

If you are already in receipt of NRA60 you will get notification of what your revised pension will be in March and first new payment in April. It will not be 5%. That relates to the payrise. Pensions are normally linked to the rate of inflation and can be different for pre 87 accruals due to the change in the State Earnings Related Pension at that time.
wongpongrog
Posts: 28
Joined: 06 Mar 2011, 14:40
Gender: Male

Pay Deal : Updated figures included!

Post by wongpongrog »

you think you haven't lost anything read the agreement it looks to me the only thing our union won was no monthly pay
Sugar
EX ROYAL MAIL
Posts: 431
Joined: 08 Jul 2007, 07:57
Gender: Female

Pay Deal : Updated figures included!

Post by Sugar »

k979aaa wrote:All very well to say if you have a full time contract but what if you are new part time but thing is we should all be treated with dignity and respect not used as pack horses of management and the bonus culture that has made the workplace such a toxic place and this culture can only be changed from the top down so without mentioning name's can the CEO give us an answer? If the culture will change by eradicating management bonuses and excessive pay whilst the many at the bottom are squeezed it's like the BBC the workers and some others are paid less so they hit targets while others are paid like footballers with less talent earn far more for less work. Till the culture changes a reduction in the working week a pay rise or two and a pension albeit with us paying more into it and any agreement on the pipeline are meaningless to the rank and file as we are overworked for the pittance we get paid in comparison!
Exactly :Applause :Applause :Applause

This is the most toxic working environment I've ever worked in and year on year it gets worse. Then you add in the university graduates with more qualifications than days actually doing the job and lazy incompetent management and its a train-wreck every week with OPG's baring the brunt for daring to do the job properly and cut off. Make no wonder stress is putting so many on sick.
fly-catchers
EX ROYAL MAIL
Posts: 573
Joined: 05 Oct 2008, 16:38
Gender: Male

Pay Deal : Updated figures included!

Post by fly-catchers »

Lincox wrote:If you are already in receipt of NRA60 you will get notification of what your revised pension will be in March and first new payment in April. It will not be 5%. That relates to the payrise. Pensions are normally linked to the rate of inflation and can be different for pre 87 accruals due to the change in the State Earnings Related Pension at that time.
I know about the index linking in April. But as I have only just taken my NRA60 pension in January 2018 would assume that any increase to the basic wage payment should change the amount used in my final salary part of my pension. As that would be based on my 2017/18 salary.
Lincox
EX ROYAL MAIL
Posts: 3485
Joined: 09 Jan 2008, 18:07
Gender: Male

Pay Deal : Updated figures included!

Post by Lincox »

I would imagine that as you are already in receipt of this pension, your final salary has been calculated in order to pay you your benefits. You would need to look at your pension information to see how final salary is calculated. In some final salary schemes they take the salary for the last 3 years (sometimes 5) and use the best year.
Clared
Posts: 122
Joined: 08 Jul 2016, 12:18
Gender: Female

Pay Deal

Post by Clared »

dingo wrote:National Rate with Delivery Supplement £23.96

£412.30​+​5%​£432.91​=​£20.61
DS £23.96​+​5%​£25.15​=​£1.19
​​​​​__________
​​​​​£21.80


Hi
Any chance you could post details on ppl on 30hrs contracts please too

Total 18 months = 78 weeks​​​=​£1,700.40


If 2 year pay deal 2.6% + 2.0%
£412.30​+​2.6%​£423.01​=​£10.71
£423.01​+​2.0%​£431.47​=​£8.46
£23.96​+​2.6%​£24.58​=​£0.62
£24.58​+​2.0%​£25.07​=​£0.49
​​​​​__________
​​​​​£20.28


Total 2.6%​x​104 weeks​£1,178.32
Total 2.0%​x​52 weeks​£465.40
​​​_________
​​​£1,643.72

Back pay based on end of April 2018 deal.
If back dated to April 2017​​​=​£589.16
Backdated October 5%​​​=​£566.80
​​​​​__________
​​​​​£22.36

2019/2020 pay rise 2%
£432.91 ​+ ​2.0%​£441.15​=​£8.65
£25.15​+​2.0%​£25.65​=​£0.50
​​​​​__________
​​​​​£9.15

Total over 3 years = £30.95 per week
oggy125
Posts: 1
Joined: 03 Feb 2018, 19:18
Gender: Female

Pay Deal : Updated figures included!

Post by oggy125 »

Hi .Is there any back pay included in this deal .
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Pay Deal : Updated figures included!

Post by fishtank »

oggy125 wrote:Hi .Is there any back pay included in this deal .
Yes, the pay deal is backdated to October 1st at 5% of basic pay, overtime and allowances.
good times, bad times you know I've had my share
dazer0070
Posts: 120
Joined: 02 Feb 2014, 18:13
Gender: Male

Pay Deal : Updated figures included!

Post by dazer0070 »

oggy125 wrote:Hi .Is there any back pay included in this deal .
Seriously!!!!
You been on holiday??
aiden01
MAIL CENTRES/PROCESSING
Posts: 7001
Joined: 27 Feb 2013, 21:43
Gender: Male

Pay Deal : Updated figures included!

Post by aiden01 »

dazer0070 wrote:
oggy125 wrote:Hi .Is there any back pay included in this deal .
Seriously!!!!
You been on holiday??
Only joined this forum at 7-18pm today so maybe a recent recruit.
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Pay Deal : Updated figures included!

Post by k979aaa »

oggy125 wrote:Hi .Is there any back pay included in this deal .
Backdated till October 1st! But it's not a done deal yet.