LTB 412/20 Post Office: Admin & Supply Chain Bonus Payments 2019/20
No. 412/2020
5th August 2020
Dear Colleagues
POST OFFICE: ADMIN & SUPPLY CHAIN BONUS PAYMENTS 2019/20
I am pleased to advise Branches the attached Joint Statements have been agreed with regards to the annual bonus payments for our members working in Admin and Supply Chain (on-target bonus potential of £900 for both areas). The following payments will be made with August salaries (pro-rata for part-timers):
Admin
For Admin members, the £900 on-target bonus payment is based 100% upon the Post Office achieving its EBITDAS (profit) target and for 2019/20, the Post Office has reported (subject to final approval) it achieved 97.18% of target. Therefore, our Admin members will receive the following bonus:
| Bonus Calculation | Bonus Total |
| £900 x 97.18% | £874.62 |
Supply Chain – All Grades
The Supply Chain on-target bonus is comprised of £450 for hitting the Post Office EBITDAS target and £450 for meeting Supply Chain specific measures (Quality of Service and compliance, including safety, which were met in full for 2019/20). Therefore, the following bonus will be made to our Supply Chain members:
| Bonus Calculation | Bonus Total |
| £450 x 97.18%
+ £450 x 100% |
£887.31 |
Whilst the £900 target has been very narrowly missed, our members will still receive good bonus payments and in the current environment I have no doubt these payments will be welcomed by our members.
Yours sincerely
Andy Furey
Assistant Secretary
20LTB412 Post Office – Admin & Supply Chain Bonus Payments 2019-20