The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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@ JBT.
You can never plan perfect revisions. There are standards embedded into the revision tool. Walking speed for example.
You cannot factor in a persons' speed, or how they perceive the job should be done. Coming in early for example.
The point i was trying to make is that the RMG mantra is "we don't give a s**t about unmeasured items. If the planners were worth their salt, they would have used this to achieve the savings that the hierarchy wanted.
Ispy I think you may be right about the meeting. I saw the comments about the productivity issues. Difficult to comment on the revisions in specific offices I thought some of these were either in office or desk based but whatever level of planning these can only be delivered at the front end or not. Are most of these not signed off locally or were they all just implemented?
Of course if individuals or offices dont think they are workable they wont be.
I am not saying they would all have been perfectly planned but was this not also the reason one of the hours reduction werent realised and savings didnt materialise.
Full joint working and co operation seemed to make these work better in the past.
Next Friday will gives us an indicator of where this will all be going.
Very sad day for RMG if no resolution found.
@ JBT
I have a feeling that there no meeting will be held now.
A poster on workplace: "sort the pay deal first then address changes needed"
Thompsons reply:
"""that won't happen - we have been clear about that - sorry - last year we paid £150M for revision-based productivity in delivery - and got £0M productivity back.....
That's word for word.
What i'm wondering is, if revisions are to streamline delivery, make savings, how bad were the planners who put these revisions in?
It is there sole job to make cuts in offices. And they couldn't do it.
So, Thompson is trying to punish us posties, because of the total lack of competence from his people.
ASharkz I read them and as you say some posts are pretty immature. It can also make it dificult to understand what is official communications if slides/messages are altered. Most people just want factual statements as the issues IMO are too important to joke about with. I would hope to perhaps hear today that a date has been set for the meeting to take place very early next week.
Its too late,
Thompson's tweets failed dismally to resonate with the public, so he's busy updating his CV with yet another fiscal disaster.
Meanwhile, the share price continues its downward trajectory and the 2023/4/5 dividend prospects have vanished.
Williams is fiddling nervously whilst awaiting the sight of the GLS cash cow on the horizon, to save him from the impending apocalypse.
https://www.indy100.com/news/royal-mail-strike-cwu-union
GLA.
If the messages are directly from ST he is calling it how he sees it. Latest tweet is saying "Royal Mail can have a bright future but we cant achieve that by living in the past" I dont think many including employees and CWU members would disagree with that and to be fair the CWU have embraced lots of changes ,so hopefully we can thrash out an agreement.
I think there is also an element of tit for tat as the rhetoric is ramping up on both sides.
Lets just get the meeting arranged and make progress before it is too late if its not already.