Remuneration increases start as planned

Remuneration increases start as planned

As you may have read in Tuesday’s email from Amanda Jones, our Group Retail and Franchise Network Director, the remuneration review increases we announced in late 2019 are now in place as planned.

The revised rates for some specific products, including Banking and Travel Money products, come into effect from your May 2020 remuneration (for the April accounting period that started on 26 March 2020).

We’ll provide full details in your April remuneration advice/invoice.

We already brought forward the increases for Passport Check and Send and digital passport applications via AEI, which started from 1 February 2020.

This is separate from the remuneration guarantee we’ve announced for postmasters for April and May due to the current Coronavirus situation.