Next pay rise

[post_bitch]

When is the next pay rise expected

[Darren Bent]

think we will get them when walk scheduling machine is coming.

[TrueBlueTerrier]

think we will get them when walk scheduling machine is coming.

Nope

I think you have confused 2 things - when a walk sequencing revision happens all FT at that DO go down to 39 hours and PTimers get a 2.5% pay rise in compensation.

When is the next pay rise expected

2010 agreement outlines it all and i'll post it up as soon as I can.

[Big Daz]

When is the next pay rise expected

April 2011, then April 2012.

[Dogs of War]

Is it 1.5% in april 2011 and 3% in april 2012. I'm not sure is it Big Daz.

[fishtank]

Is it 1.5% in april 2011 and 3% in april 2012. I'm not sure is it Big Daz.

April 2011 – 1.4% increase to basic pensionable pay flowing through to all allowances, London Pay Rate, overtime and SA rates.
ColleagueShares buy back 1 currently valued at £536 per employee.

April 2012 – 3.5% increase to basic pensionable pay flowing through to all allowances, London Pay Range, overtime and SA rates (re-opener clause).
ColleagueShares buy back 2 currently valued at £536 per employee.

Approach to third year basic pay review

Both parties are approaching the future with a positive expectation that deployment of this agreement will ensure that transformation is delivered, leading to an improvement in company performance and a successful and sustainable future for the organisation.
Given this, there will be an increase in pensionable pay, overtime and allowances of 3.5%. This will be revisited if the average RPI for January to March 2012 is outside the expected range of 2%-3%.
Both parties also recognise that there is uncertainty in the commercial environment that may affect the business in either a positive or negative way. Against this background it is recognised that there should be flexibility to reopen this element of the agreement in response to unforeseen events which have a significant impact on the business and its employees.

....like privatisation.

[Dogs of War]

Where does it say in agreement that part time workers get 2.5%, when full timers go down to a 39 hour week.

[studmuffin]

When is the next pay rise expected

payrise ????? its going to be a pay cut, when tnt or whoever takes us over............

[fishtank]

Where does it say in agreement that part time workers get 2.5%, when full timers go down to a 39 hour week.

Guidelines will be issued to assist the local parties implement the shorter working week. Part-time employees will benefit through an increased hourly rate.

If a full-time member moves to a 39hr week but keeps the same basic pay then their hourly rate goes up.
Obviously a part-timer then moves onto the same hourly rate but because their contracted hours stay the same their basic pay increases.

354/40=8.85.......25X8.85=221.25
354/39=9.07.......25X9.07=226.25

[Dogs of War]

So the part time hourly rate will be the same as the full timers when they move to 39 hour week.

[fishtank]

So the part time hourly rate will be the same as the full timers when they move to 39 hour week.

Yes.....as it is just now.

[IloveMYredTROLLEY!]

In a few weeks when I "celebrate" a year of working for Royal Mail! ;)