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Has anyone found appendix 1
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max49
- EX ROYAL MAIL
- Posts: 122
- Joined: 31 Dec 2010, 20:58
- Gender: Female
Has anyone found appendix 1
I am retired but my partner still works for RM, he's been looking at the proposed agreement, specifically "improving voluntary redundancy terms". In the agreement it states that the "new ready reckoner is in Appendix 1". Has anyone found Appendix 1?
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mozilla
- Posts: 71
- Joined: 06 Feb 2009, 15:26
- Gender: Male
Re: Has anyone found appendix 1
It's nowhere to be seen ! What I did notice though is they've upped the maximum redundancy to 52 weeks but then taken away the PILON payment ; so doesn't this mean an increase of 6 weeks pay for the maximum pay out , an increase yes but not a great deal more .
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POSTMAN
- SITE ADMINISTRATOR
- Posts: 32587
- Joined: 07 Aug 2006, 03:19
- Gender: Male
Re: Has anyone found appendix 1
4.1 Improving Voluntary Redundancy Terms
Royal Mail and the CWU have discussed and consulted on the current voluntary redundancy
terms with a view to helping avoid the need for compulsory redundancies in line with the
Framework Agreement. As a result, the following improved terms will now apply for any voluntary
redundancies:
- Tapering will be removed with immediate effect.
- A new formula increasing the maximum entitlement to 52-weeks
- An increase to the minimum entitlement from 8 to 13-weeks.
- An increase to the multiplier from 2 to 2.5 to enable faster acceleration for individuals to
progress through the ready reckoner. The new ready reckoner is in Appendix 1.
- PILON will not be payable in addition to redundancy payments.
All I can find is this at the mo.
Royal Mail and the CWU have discussed and consulted on the current voluntary redundancy
terms with a view to helping avoid the need for compulsory redundancies in line with the
Framework Agreement. As a result, the following improved terms will now apply for any voluntary
redundancies:
- Tapering will be removed with immediate effect.
- A new formula increasing the maximum entitlement to 52-weeks
- An increase to the minimum entitlement from 8 to 13-weeks.
- An increase to the multiplier from 2 to 2.5 to enable faster acceleration for individuals to
progress through the ready reckoner. The new ready reckoner is in Appendix 1.
- PILON will not be payable in addition to redundancy payments.
All I can find is this at the mo.
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.
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.