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After seven months of talks between Royal Mail and the CWU, International Distributions Services has announced that it has tabled its best and final offer.
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The revised offer includes improvements that have been made during the negotiations with the CWU, including an improved pay deal of up to 9% over 18 months, a new profit share scheme for employees, more generous voluntary redundancy proposals, and later start and finish times to accommodate staff with families. It has made Sunday working voluntary, phasing the removal of the Sunday allowance and changing the seasonal working proposals so that employees would only work around two hours less a week in the summer, and two hours more in the winter – with 4-10 weeks’ notice for employees. Additionally, yearly flexi hours are being trialled before they are introduced at a later date. The company has also committed to no compulsory redundancies until the end of March 2023 at the earliest. Alongside this, Royal Mail has offered to buy out a number of legacy allowances.
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