UK Royal Mail Offers GBP400 Bonuses

The Royal Mail is to pay postal workers a pounds 400 bonus if profits reach pounds 600m in the current financial year. The “share in success” scheme will include all 195,000 delivery, sorting office and counter staff. Employees were given details of the proposed bonus yesterday, although the Royal Mail warned it faced a “challenging” year as it gears up for full-blown competition. The organization made an operating profit of pounds 537m in the last financial year.