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Isle, Don't concern yourself regarding my shareholdings or otherwise. I of course saw this coming long ago. If you wish to waste your time peruse my warnings when the SP was double what it is now. I shall as before buy plenty when IA helps to drive the SP lower.
You mistake my frustration for aggresion. You are the masters of your own destiny but why will you not learn from your mistakes.
A strike threat alone plays right into the hands of those that already have more money than is decent.
I can't speak for the whole country but there are just over forty posties in my local delivery office. Just under 60% are over 50 and around 40% are over 55 and therefore eligible to take their NRA60 pension (which some are doing anyway).
Back in the day, this group of workers were a conscientious bunch however this has changed over the last three years. If industrial action fails to bring management back to the negotiation table and changes are brought in by executive action, these workers would probably just go with the new work plan in the knowledge that senior management haven't done their homework very well. Effectively they would work as directed and without question even if they knew that the work plan was doomed to fail.
The majority of the younger element of this workforce are quite prepared to go and work for a local supermarket should their new work hours not fit into their personal lives.
A quick scan of RM Workplace shows that we have quite a few posties who are far too qualified to be "glorified paper boys" but want a stress free job that pays the bills and I suspect that if working as a glorified paper boy becomes unattractive then they will happily move on to the next best stress free job, especially during an employment crisis.
The underlying issue here is that RM UK could end up with a very transient workforce as we had in the 70s and 80s. This is not beneficial in the long term however that's not going to bother any of the BoD as they will be long gone by then as hopefully will most of the long term shareholders.
Dynamofc it was an example and you are correct more like 5k so the savings to the business will be higher than I thought. Thanks
Dynamofc I will say it hopefully for the last time. RMG own Angard and charges are all within the business. RMG are not paying anyone else fees.
Are you saying the current job that none of the contributors on here ever leave are not decent so with additional pay rises moving forward and agreed changes including buyouts these wouldn't be considered decent. I am not sure what you are comparing with externally but in my experience these are decent jobs and can and will be in the future.
I know of agency drivers in RMG and others have shared the same on here. I have driven vans in the past as have lots of other managers who support. Sounds like you want the strike to be as damaging as possible which is sad have you not had a decent living out of the business?
JB . Where are 20000 agency coming from?
They can't fill delivery jobs now so why would agency staff come to Royal Mail for less pay than they already get working in a warehouse or food plant. Order pickers get £15 an hour in this area, and the further South you go the more it gets.
Ispy I didn't mention the SP and at this time I am not particularly interested in it. Ispy I didn't say they would carry the business through it I said along with managerial support they would help provide a skeleton basic service. I know exactly what agency cost as in my area of work we used them on a very regular basis.
Of course we don't know the numbers involved but my simple maths would suggest paying say 20k agency vs 100k current employees would cost less.
For me its not about any of that its about the business moving forward with a decent business model and plan and keeping decent jobs and standards.
Isleworth. Maximus is just full of ****. Always has been always will be. You can dense his desperation. A Walter Mitty springs to mind.
What future decent jobs would they be JB?
Agency soon getting up to speed, somehow I can't see it. They can run as many machines as they like at full speed, but with nobody to collect the mail or deliver it I think they will be getting wages for sitting on there hands.
Not sure where you get this no cost Angard agency staff idea from. Not one agency driver or agency delivery staff that I have encountered have come via a Angard. The drivers are paid more than the Royal Mail drivers and the delivery staff the same amount, but you then have to add on agency costs. The delivery staff do about 30-50 % of the amount a Royal Mail worker would do.
The number of agency staff Royal Mail has wouldn't even get the Special Delivery items delivered especially now DO managers are refusing to do delivery whilst we are on strike.
@ JBT
I agree that these IA dates could be factored into the share price currently.
But if you think that for one minute that agency staff will carry RMG through these strikes, you are seriously mistaken.
And if you think that RMG will make money because of non-payment of strikers, they will pay out more to the agency.
Do you know how much RMG pay the agency per "worker"?
@ Maximas.
If that's your perspective from actually working for RMG as a postie, then all i can say is that your experience, IMO, is isolated.
If it's your perspective from a manger working for RMG, do something about it. It's your job.
If this your perspective as a shareholder, you really are as clueless as your posts would suggest.
You cling onto GLS and VESA, like many are doing.
You are aware that GLS was bought in the late nineties to get a foothold internationally?
Why would any CEO now sell it off, after it has been established?
Royal Mail can not hire staff on the pay and conditions now. No one wants to do the job anymore and you think they will be able to employ staff on reduced pay and conditions? I and many others have already started looking for new jobs and I have an offer that I'm considering....it's a shame as I love the job, but if the hours change, other perks and working Sundays are implemented, Royal Mail will lose a large section of their workforce and they will struggle to replace. Absolutely nothing that RM has implemented in the last few years has made the job better for staff and the quality of service has got worse and will continue to do so .....I hope the company goes to the wall.
Ah well no surprises then. Dates announced as expected. I cant recall for sure but I think OFCOM exclude any periods (certainly the bulk of USO items) where IA take place, happy to be corrected. Couple of my ex colleagues have confirmed they will be going out to support as they do over Christmas and during other local disruptions. I am sure many of the agency will soon get up to speed and of course RMG owns the agency so no additional fees just payroll.
Of course the business will save save 100k employees x 4 days so with managerial support and as many agency as they can get in ,the business will probably save money in the short term. Of course they will only be able to provided a skeleton service and focus on premium products and business customers.
It is bad news for all that IA may take place and there will be no winners. Being honest I actually think shareholders wont be negatively impacted as many others because of the GLS aspect.
It is surprising that some cant accept that parcels are the growth area and yes letters still have a place but when we used to deliver 20 letters for every parcel you cant deny the change in numbers.
I hoped for a pay rise of around 5% for employees and a resolution but it looks very very unlikely and I said from the outset this dispute feels completely different to others I was involved in. The BOD do not look like moving and seem okay to go down this line whether this is totally of their own volition or pressure from others is debatable.
If anyone thinks letters and some other items being reprivatised is going to secure a future IMO they are wrong but again the majority may only be interested in their own situation and not future decent jobs which is understandable to a degree. I honestly cant see any government having the delivery of mail being high in their list of priorities or for funding.
I have no beef with any employees or the CWU but IMO the decisions they make now will have long lasting effects and IMO not to many's benefit.
I still have 1% of hope that a resolution can be found but if not I hope everyone gets what they hope for or deserve.
It will be what it will be. GLA
Who cares,iam a long term holder that will reap the dividends and rid itself of an old lazy stuck in the dark age workforce,who are paid handsomely for basically popping a letter through a door,never happy,always moaning,as I have said in older posts,happy for things to work out if the workforce agrees change,more than happy to ditch them.
A lot of the old staff carnt change,never mind won’t,there that stuck in there ways,they need to ship out,problem is they’re to scared to find another job,again stuck in there ways…got to cling onto Royal Mail as they carnt do anything else…to scared to get a different job as they’ve been institutionalised…moan moan moan,but won’t move on…preying the company gets rid of the anchor :-)
@ Maximas.
And how much do you think you will end up with per RMG share that you hold?
Hopefully we will Angersharkz but somehow I can't see them being worth as much as your banking on.
@ Redceo.
I'd have thought you'd have sold by now. You knew these dates were going to be published.
Whether or not we actually strike is another matter.
Why do you need to be so abusive though?
One thing you can be sure of Redceo . You will always be the biggest ****** of all.
@ Commonsense, et al.
Just a quick update on how things will progress when we are on strike, IMO.
RMG have supplied offices all over the country (but i can't say all of them) with agency staff.
We had 3 in our office. Thursday and Friday last week and 2 yesterday. These casuals are here to deliver parcels only, NOT letters or unmeasured items.
So on Thursday they all watched a 1 hour (ish) video and got paid for 4 hours each. At 20 quid an agency hour thats 240 quid.
Friday. All three were tasked with delivering 15, yes FIFTEEN ITEMS, each, in their respective 4 hour span. 14 were brought back to the office unscanned. Again, 240 quid. So 31 items delivered for at a rate of £7.75 per item.
Monday, only two turned up. I'm not sure why. Again 4 hours. 15 items between them and 1 bulk firm. So £160 for 16 drops @ £10 per delivery.
If this is indicative of what is happening in every office, then it will be a bloodbath.
Thank God for GLS paying for these agency workers.
The worst thing is that this IA, because of the pay rise (or lack of it) is only scratching the surface.
If these "new hours" are forced in through IA, total decimation.
I'm glad i'm not a shareholder.
How appropriate the CWU have orchestrated "a happy ending"
What a bunch of ***kers "Turkeys voting for Christmas"
Then you backed the wrong horse. A company that delivers 1 parcel to every 10 letters is not a parcel company. If we don't deliver those letters then its nationalisation for Royal Mail and you shares will be worth Zilch.
Thank god for that…now praying the company follow through with the split :-)
If this board has its way you won't have a Royal Mail Anger. We are failing in every office around the country because our leadership believes we are a parcel company . The public see appointments etc not being delivered every day and want to know why. They want to know why callers offices are only opening 2 hours a day. They want to know why the service is a shambles.
As a shareholder you should be asking the same questions. You should also be wondering what fines we will get for no meeting the service we should be to meet the USO .
Thanks mr Isleworth
I have to say I think this will seriously backfire on employees. Not getting post isn’t exactly like no trains, no nurses, no ferries etc. I hope the GLS file is nicely advanced and very much live now ! A shame as I think the union leaders have done their members a disservice.
26 and 31st august
8th and 9th september
26 th August 1st strike date.