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Pay offer update! 0.37% Self funded!

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
rjack
Posts: 98
Joined: 26 Nov 2010, 09:42
Gender: Male
Location: wales

Pay offer update! 0.37% Self funded!

Post by rjack »

mr hil. wrote:
the.postman wrote:Lose PBS payment £1.16
Pay rise £1.42

Weekly increase of 26p

Where do I sign

Lose £6.00 per week Driving allowance :mad
Pay Rise £1.42

Weekly Pay Cut £4.58 or about 1.1% PAY CUT

But at least I will get a lump sum......GHUA
If you get a pay cut do you have to back date it to April 1st and pay RM, a lump sum.
Supersonicvandriver
Posts: 19
Joined: 28 Jun 2010, 17:42
Gender: Female

Pay offer update! 0.37% Self funded!

Post by Supersonicvandriver »

We have all had a pay cut with NI going up. so 0.37% pay rise is just sad. and I wonder how good it would look in the papers. I will stay as long as I can stand the Lapsing and moaning from workers who run around to get home. Cutting hours as a pay rise is really bad idea. unless lapsing got rid off and job and finish comes back.
jetblack
Posts: 974
Joined: 15 Apr 2011, 12:54
Gender: Male

Pay offer update! 0.37% Self funded!

Post by jetblack »

mr hil. wrote:
the.postman wrote:Lose PBS payment £1.16
Pay rise £1.42

Weekly increase of 26p

Where do I sign

Lose £6.00 per week Driving allowance :mad
Pay Rise £1.42

Weekly Pay Cut £4.58 or about 1.1% PAY CUT
Yep - exactly same for me - add to this the £4 per week I'm worse off this financial year due to an increase in NI, then the real loss is closer to a 2% pay cut.


"Inflation Rate in the United Kingdom is expected to be 0.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in the United Kingdom to stand at 1.00 in 12 months time."

Tell you what - how about we split the difference and call it 0.7% inflation ? If we get any less than that we are taking a pay cut in real terms. If its "self financing" we are also taking a pay cut.
Good security means trying to limit the damage a Trusted role can do
Dorset Plodder
Posts: 4351
Joined: 29 Apr 2009, 20:05
Gender: Male

Pay offer update! 0.37% Self funded!

Post by Dorset Plodder »

Just waiting to receive Moya's letter telling us IF we vote for Brexit we'll be worse off and our wages will suffer! :whistle After all we are a BIG Business, and BIG Business loves Europe, apparently! Although Europe is restricting the ammount of hours we can legally work.....so that must get up her nose? :cuppa
Last edited by Dorset Plodder on 18 May 2016, 11:26, edited 1 time in total.
Like all Wage Slaves, he had two crosses to bear: The people he worked for and the people he worked with! (Stephen Vizinczey.)
iainwilson
PARCELFORCE
Posts: 141
Joined: 16 Sep 2010, 22:07
Gender: Male

Pay offer update! 0.37% Self funded!

Post by iainwilson »

Financial year end results out this week. More profit for shareholders they should dirt us out at at least 1% above inflation.
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Pay offer update! 0.37% Self funded!

Post by daveyeff »

iainwilson wrote:Financial year end results out this week. More profit for shareholders they should dirt us out at at least 1% above inflation.
aye, they are out tomorrow.