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Have you seen FedEx numbers? Post and parcels are dropping, that mean carriers are about cut their work force, not pay them more.
Striking for a higher salary on the brink of recession makes about as much sense as a chocolate teapot!
GLA!
Isle
I could get overtime instead of a day in lieu if I really wanted to. My job is not my life. I'm not saying I couldn't do without the cash, I'm just not about to take it in these circumstances. It's bad enough that when I turn up at offices I get accused of doing it for the £1000, which I'm not even being offered. Weekends are for family and football for me. Aside from that, when I'm working within my contracted hours, I do what my employer asks of me, since they pay me.
I do get a sense that they're trying to trigger a hostile reaction from me . Sorry to disappoint.
And there are very few non-ops managers. It's why non-ops get trampled on by the business on a routine basis. There would not be a lot of money on offer across the entire business - and non-ops don't work weekends so they're hardly going to do that now with an offer designed to incentivise that will only antagonise.
@ Talk2Much.
I'm not sure how many non-ops managers there are, but that would equate to in excess of 300 quid each for that Saturday. So, on a yearly basis that amounts to 75 grand a year.
Why would you not just turn up. You'll deliver about 30 items. Chat to other managers about something, deliver for a maximum of 2 hours, then go home.
Maybe you should champion us posties striking more often. It's obviously beneficial to the white-collar brigade.
Is Thompson turning up next Saturday?
@ Anger.
""""IsleworthSpy - Yes, the board was designed for investors and shareholders…..was it not?""""
Well i'm neither, so why don't you report me and get me banned.
Why would I filter you? I have no reason to?
Because i'm not a shareholder or investor!
And as for the rest of your 22.12 post. I'm sharing information.
If you think i'm lying, that's your choice.
Please filter me. Or at least stop replying to my posts.
Isle
Yes, I've been offered the vouchers and a day in lieu but I have better things to do with my Saturday and I'm reluctant enough to cross the lines under instruction on any day. In the meantime, my ops colleagues will get there £1000 or £1500 just for doing their job - that annoys me.
I don't think the business is going the best way about this, but I think it's deliberate. I believe if they had canvassed staff for those willing to change hours or work Sundays etc, there would have been enough happy to do that to satisfy RMG's requirements. Instead they've told everybody what they want with no leeway.
I don't think there's a level from OPG to middle management who are happy with how this is going. The business is on a trajectory and for once the CWU appear powerless. Time may change this, but it very probably won't.
@ Anger.
Please read my post again regarding bottom of the ladder.
I'm sure that you'll agree that the dividend payments and share buy-backs are not what i was actually alluding to.
If RMG no longer exists as a PLC, how much of your investment do you think you will get back?
@ Talk2Much.
I'm sure the people on RM Chat have valid points. But i don't need anyone to agree with me. I have a viewpoint. Oddly enough, i thought that some here would have been grateful for a feet on the ground perspective, as well as news.
Well, every single postie in my office does care about RMG. And the total decimation of what was once a great service.
Of course the company won't die. But i'm certain that you posted exactly that the other day. I had to correct you and say that the PLC would die.
You are also aware that if RMG PLC goes "tights up", bit's will be sold to pay off creditors and the people at the bottom of the ladder (shareholders) will get the dregs of whatever is left. RMG PLC becomes Royal Mail again, under government ownership. You and i still have a job. But you won't be getting bonuses for attending work during IA.
Are you one of the entitled ones who are getting £150 worth of vouchers and a day in lieu if you go into work next Saturday?
As a couple of posters here have alluded to, It's fairly clear that the BoD plan is going to schedule. Give a huge amount back to the shareholders, award yourself and your work colleagues a nice bonus despite not meeting your targets, then antagonise the workforce so that they will go out on strike and you have a perfect scenario to drive the SP down in the hope that a whale will swallow up the cheap shares.
What I can't understand is why the shorters aren't getting involved in a bigger way given that the SP has dropped 64p in the last two weeks.
@ Anger.
Investors and shareholders?
If you would prefer not to read about my insight into the company, and how it's being run, then please filter me.
You really do not need to engage with me, so don't.
For the angry posties (and I'm not saying you don't have a right to be), the discussion boards on royalmailchat.co.uk are ideal. Mostly like-minded people who will support each other and not get into the sort of nonsense we see here. I know some of you guys use it since I've seen some of my material on this forum turn up on the site. I'm no more of an insider than the next RM employee, but as a manager I find using the royalmailchat forums really helps to get a handle on how the OPGs genuinely feel and, more interestingly, what they base their arguments on.
An awful lot of the recent posts suggest that the employees don't give a damn if they bring the company down with them. Imho the company won't die. There's value in the shares in GLS, and negative value for RMG. Split them up and I'd be keen to hold them both. GLS will bloom and RMG will be a phoenix from the ashes. The OPGs won't have any of the luxuries they have now, but the business will still exist. It has to.
Apologies... a long way from my usual tone but it's Friday so I've had a glass or two...
@ Anger.
Rightly or wrongly, i would suggest that Dowsie was looking for a posties view, as his post would intimate. And he got mine.
As for stirring the pot, i would again suggest that this lies with investors and shareholders alike.
If someone antagonises me, why would i not respond? And vice versa, of course.
I'd suggest you better get used to it, if you're not already.
@ Anger.
Do you not take any internal matters that us posties speak about, and apply at least some of it as to why you may or may not want to invest?
As antagonistic as this board can be, most of what we post is the truth.
Funnily enough mine was one post but I didn’t criticise you . In fairness to you you did say it was of topic but no one on here want to hear your opinions on ER and if they did I would find them very strange
Says the man who was talking about ER today in one of his posts practice what you preach dear boy
@ Dowsie.
I think so.
It would certainly give our leaders food for thought.
Unfortunately, this will never happen.
So, Monday week there'll be a massive build up of mail. And eventually it will get whittled down again.
I don't see why the CWU don't propose action on Friday and Monday every week, for both disputes.
Another suggestion that i have put forward is daily strikes, if they are allowed. 1hr 30 minutes per day, every day. Now think of all these posties asking managers what they want them to do every single day.
We still have our casuals though. Strange thing is, they are now being asked to register their finish times, and be paid accordingly. Now, what would you do if you were a casual?
Rush around like a lunatic (some posties) and get paid for 4 hours, or have a nice leisurely drive around, deliver some parcels, have a chat with the customers and get paid for 10 hours?
Ispy in your opinion do you think if we went on strike say on 1/9/22 and stayed out for 4 weeks consecutively so no post or parcels SD we would have had more chance of winning this dispute. That question is just for any postman out there not shareholders on this board . Although I’m sure we might get some input from them even if it’s not wanted
@ Shaun
@ Dowsie
The difference is that we are on strike.
How long it goes on for is anyone's guess.
But the longer it goes on, the more damaging for the company. And consequently, the share price.
Should next week's IA take place, and further dates announced, how long will it be before RMG take the CWU to court again to avert any more action?
Yes Shaun it’s is reapeating the same action as 2018 to 2020 but we haven’t got covid to pull us out of the shi-
dowsie yes we were told not to deliver on saturdays... i also said be careful what you wish for when he was ousted... and shareholders may now wish he was back. pardon the pun...
I did buy a few today at 25% discount from the ones I sold at 270. 195 is a good support level, I think they'll be a good bounce off of it into next week as the people who sold at a loss realise their folly and buy back in. It's literally repeating the SP price action from 2018 to 2020 again.
Not sure if well see a drop to 170s or even 120s again though, unless there is war. And, as I've seen a lot of Gulfstreams flying into Farnborough today, considering what's been happening, it is concerning. Last time I saw this many was the day after the EU referendum, so something is going on.
fair play teslo
@Wolves, Don't mistake facts for insults.
If you do the math, you will understand that figuratively speaking it would be numerically impossible for you to get in at a lower price than my actual real money average, based on how I have compounded my investment in this stock since 2020.
As I said enjoy your weekend and I have previously communicated on here I have no issue with any negative comments aimed in my direction.
teslo you are in it up to your neck...... my salary is of no concern as i do the job i love and have a very good drawdown pension from a previous employer of which i was a manager....so send out all the insults you like my friend... me i do not hold at current but i did and received all the top divis compared to today... i will again at a damn sight better price than you do....happy days...
@wolves for the record and figuratively speaking I am currently underwater more than your yearly salary on my current holding
But, considering I have traded in an out of this stock multiple times in recent months, retained the profit in stock, been paid a 13.3p dividend and made circa 5x your purported salary on this stock since 2020 in the big scheme of things and again figuratively speaking I am still doing better than you're likely to do at anything you attempt in life.
Hopefully the price tanks some more and you get back in and you get to make a few quid.
Have a good Weekend.
Wolves thanks for the reply can you remember when Rico Black was in charge .In our office we were told to stop delivering letters on a Saturday and just deliver parcels a month later he was gone . We’re you told to do the same