Have I Been Sent a Manager Letter By Mistake? No Christmas Bonus?

[LouBarlow]

I received a letter from HR today, and it was unlike anything I can remember getting sent in my time with the company. It basically states how we are making a loss for the first time since privatisation and that it is unlikely any bonus would be paid this year. I mean, I am presuming they don't mean the Christmas supplement, and that is the only bonus I can really think that I receive.

Is this a letter intended for managers?

[Dex7]

Nah I received one too. Haven't given it a full read yet though. No bonus??

[Bahia Feliz]

Vote with your feet,CUT OFF, finish on time

[Ren Hoëk]

No bonus! Given what we have been through this year and what we are about to face would be an absolute piss take. How f***ing dare they send me that letter. They will be getting bare minimum from me this Christmas and going forward. I suggest everyone else reflects on that as well. I cant stress this enough.

YOUR EMPLOYER THINKS YOU ARE THICK. THEY DON'T RESPECT YOU. THEY DON'T CARE ABOUT YOU. Give them what they deserve.

[2yearpostie]

leak to the press?

[wacko74]

How much have RM saved in suspended divi pay outs this year?

[Duesouth]

Well if its true about no Christmas bonus this year well my season of goodwill, will be no more. Times have been hard for everyone, but to scrap a xmas bonus is down right scrooge.

If it wasn't for the staff doing overtime over the years the business would crumble. I haven't recieved the letter but when I do, I might reconsider my position to clear.

[thedonkey]

I haven't fully read the letter, but from what I did read it didn't indicate what bonuses it was referring to other than shareholder dividends. Perhaps the union could clarify what bonuses and if we are to get the Christmas bonus or not.

[nickinoneck]

Of course we are getting the bonus at Xmas. It’s already been promulgated in a letter to branches.

[robbertwhitton]

Who knows what this company is capable of,nothing would surprise me,I dare say the fat cats in this company will have there grubby fingers in the pie!

[sequinn]

The letter stated no share dividend this year.

[derekm]

Got mine this morning think it’s managers bonus & directors who will not get it and the dividend is still not been decided. But thinking back on the Moya Greene talks they tried to do away with the xmas bonus so don’t be surprised if it’s in these talks.

[Woody Guthrie]

This was put out by my division this morning.

Questions have been asked in regards to a letter circulating in social media stating that the Christmas bonus payment will not be made due to letter decline and a drop in profits.
We cannot comment on the accuracy of the letter but can only share what has been agreed between RM and the CWU and had been circulated around the business officially.

4. Christmas Pay Supplement The Christmas pay supplement of £100 for full time OPG and OSGs, pro-rated for part timers and 35-hour full timers (subject to the arrangements in Section 7) will be paid on Friday 18th December. The eligibility criteria for the Christmas supplement payment will be the same as last year, based on the four December weeks (commencing Monday, 23rd November). In the event of any Industrial Action the abatement criteria will be drawn from the PBS agreement. The separate payment of £100 (pro rata for PT and 35hr full time employees) agreed in the National Joint Statement - New Incentive Arrangements June 2012 will also be paid on Friday, 18th December. As in previous years, any necessary top up payments for Part Time or 35 hr Full time employees will be made in January 2020 in accordance with the actual hours worked at standard rate, beyond contractual during 2019.

[LouBarlow]

This was put out by my division this morning.

Questions have been asked in regards to a letter circulating in social media stating that the Christmas bonus payment will not be made due to letter decline and a drop in profits.
We cannot comment on the accuracy of the letter but can only share what has been agreed between RM and the CWU and had been circulated around the business officially.

4. Christmas Pay Supplement The Christmas pay supplement of £100 for full time OPG and OSGs, pro-rated for part timers and 35-hour full timers (subject to the arrangements in Section 7) will be paid on Friday 18th December. The eligibility criteria for the Christmas supplement payment will be the same as last year, based on the four December weeks (commencing Monday, 23rd November). In the event of any Industrial Action the abatement criteria will be drawn from the PBS agreement. The separate payment of £100 (pro rata for PT and 35hr full time employees) agreed in the National Joint Statement - New Incentive Arrangements June 2012 will also be paid on Friday, 18th December. As in previous years, any necessary top up payments for Part Time or 35 hr Full time employees will be made in January 2020 in accordance with the actual hours worked at standard rate, beyond contractual during 2019.

Thank you for the clarification.

[dolphlundgren73]

Yes the letter says no bonus,despite it being well known that its going to be the most profitable xmas for Royal Mail . They also conviently removed electiion profit out of figures and also well over a million pounds pay for managers and ricos pay off of course. So really it hasnt been due to mail volumes where money was supposedly lost. Anyway ,i wont be doing a min of overtime and continue to not be able to do parcels and the other round in my time. Im sure every other postie will do the same or else be a mug for doing overtime to complete an impossible workload.