LTB 308/21 – Royal Mail: Finance Services and HR Strategy & Services – Annual Bonus Payments 2020/21

No. 308/2021

28th July 2021

 

Dear Colleagues

ROYAL MAIL: FINANCE SERVICES AND HR STRATEGY & SERVICES – ANNUAL BONUS PAYMENTS 2020/21

Branches are advised that we have reached an agreement with Royal Mail to pay the following bonuses to CWU members in Finance Services and HR Strategy & Services:

  • Finance Services:          £834 (83.66% from a potential of £1,000)
  • HR Strategy & Services: £588 (78.4% from a potential of £750)

These payments, which are pro-rata for part-timers, will be made with August salaries.

Our members in Legal Services will be receiving the same payment as those in HR Strategy & Services.

The two Joint Statements attached to this LTB are being published today.

Whilst the payment of these bonuses are normally made with the July salaries, I’m sure our members will be pleased with the slightly delayed outcome, especially as the payments are superior to those paid over the last couple of years.

I am pleased that Royal Mail has recognised the hard work and commitment demonstrated by our members during 2020/21 in what has been an exceptionally challenging year.

If you have any questions in relation to this LTB, please contact Lea Sheridan – lsheridan@cwu.org.

Yours sincerely

Andy Furey                  

Assistant Secretary     

Attachment 1: 21LTB308 Royal Mail – Finance Services and HR Strategy & Services – Annual Bonus Payments 2020-21    

Attachment 2: Attachment 1 to 21LTB308   

Attachment 3: Attachment 2 to 21LTB308