Summary of the proposed agreement

[stevejm]

30 minutes flex balanced out over 10days? How does that work when we get paid weekly. Also it 30 mins if workload requires it, which at tho moment is every day (at least 30 minutes)

Right now if you have 3 days where you finish 20 minutes early and two days where you go over your finish time by 30 minutes you end up getting paid an hour of overtime.

Their new proposal is that the 3 x 20 minutes you finished early will cancel out the 2 x 30 minutes you went over - SO NO OVERTIME!! under those circumstances.

1 hour of overtime on a 37.5 hour week is 2.66% of your weekly pay packet.

They give us a 2% pay rise with the one hand and take back 2+ % with the other hand.

Sneaky! The devil is in the detail.

[stevejm]

Why would you take option B ? the carrot in front of the donkey (£1500)

Option A is the better out of the 2 (6% now) as no one know whats around 2024 and RM might reneg on the deal.

Either way there are some good parts to this deal and bad ones which was always going to be the way.

Do you see there is an asterisk next to both the £500 and the £1,500 bonuses?

And the asterisk explains this bonus is part of a profit sharing scheme.

What happens if there is no profit??

Presumably the profit sharing is capped at £500 under scheme A and £1500 under scheme B

Also, and presumably, because it is a bonus related to profit sharing then it couldn't be paid out until any profits are calculated - the earliest being April 2024 - there won't be any for financial year ending 2023.

And also - it is very easy to spend excess income so that there is no profit. Spend on infrastructure or whatever and then when the profit sharing scheme has ended in December 2024 let the profits flow baby! Because then no need to share with the plebs.

Yes I'm highly cynical of R.M and justifiably so. That S.M's bonus is related to how much money shareholders are paid and not based on performance of business should be shocking but the sheeple just accept it.

We need a guaranteed back-dated pay rise. Are you listening Dave Ward!

And any profit sharing should be indefinite - plus negotiate a bigger % than 20%

[Zicomurphy]

Why would you take option B ? the carrot in front of the donkey (£1500)

Option A is the better out of the 2 (6% now) as no one know whats around 2024 and RM might reneg on the deal.

Either way there are some good parts to this deal and bad ones which was always going to be the way.

Do you see there is an asterisk next to both the £500 and the £1,500 bonuses?

And the asterisk explains this bonus is part of a profit sharing scheme.

What happens if there is no profit??

Presumably the profit sharing is capped at £500 under scheme A and £1500 under scheme B

Also, and presumably, because it is a bonus related to profit sharing then it couldn't be paid out until any profits are calculated - the earliest being April 2024 - there won't be any for financial year ending 2023.

And also - it is very easy to spend excess income so that there is no profit. Spend on infrastructure or whatever and then when the profit sharing scheme has ended in December 2024 let the profits flow baby! Because then no need to share with the plebs.

Yes I'm highly cynical of R.M and justifiably so. That S.M's bonus is related to how much money shareholders are paid and not based on performance of business should be shocking but the sheeple just accept it.

We need a guaranteed back-dated pay rise. Are you listening Dave Ward!

And any profit sharing should be indefinite - plus negotiate a bigger % than 20%

What are you looking at? The asterisk just refers to the lump sum being pro rata for part timers. The bonus scheme is completely separate.

[stevejm]

What are you looking at? The asterisk just refers to the lump sum being pro rata for part timers. The bonus scheme is completely separate.

Lol - My bad - my frickin eyesight - I confused a bullet point for an asterisk - it really is my eyesight - I'm not pished.

That said - I'm still cynical about RM and any profit sharing bonus scheme should be indefinite as it certainly doesn't seem likely there'll be much profit in the next 2-3 years.

[Foxel]

I’d take that deal? Probably option B on the pay deal but otherwise I’m happy with that.

You'd have taken nothing 9 months ago. Good job the unions worked in your favour.

[robking]

Profit related pay reminds me of the old Colleague Shares, it's something that the company have come up with rather than what the union has asked for.
Any to come from it, I'll be glad of but I won't be banking on it.

[SSkUNkY]

The Union should negotiate a deal for Union members ONLY, the strike breakers and non-union members should have whatever RM gives them.

[clashcityrocker]

The Union should negotiate a deal for Union members ONLY, the strike breakers and non-union members should have whatever RM gives them.

And how would that work if people joined/left the union?

[miles_peters]

The Union should negotiate a deal for Union members ONLY, the strike breakers and non-union members should have whatever RM gives them.

100% agree

[clashcityrocker]

What if RM just gave them a better deal?
How many would stay in the CWU?

What you are suggesting would be an ideal way to destroy the union.

[sixfoottwo]

What a load of s***, big fat no from me, taking the pish.

[mjd24]

Reducing indoor by 25 minutes it takes that just doing D2Ds if you only have two had nine in last 2 weeks and that's on a rural with single slots God help the poor lads and lassies on proper deliveries with double slots the management require a reality check come down and do a delivery for once in your life walk a mile in our shoes sorry 9 miles

Only 9?!

[Cedar_Room]

The Union should negotiate a deal for Union members ONLY, the strike breakers and non-union members should have whatever RM gives them.

Filthy Len won’t like that!

[britwrit]

Everybody knows that our CEOs usually cut and run after a few years. But that bonus scheme and 5-year-leveling-up thing is top management giving notice. They won't be around to deal with it.

[hawkeye622]

The Union should negotiate a deal for Union members ONLY, the strike breakers and non-union members should have whatever RM gives them.

What a pathetic comment! I never broke a strike but don't certainly dont hold any resentment for the guys & girls that did. Get a life!!!