Member Info for beatrootjuice

Anger, I'm aware that no Divi this yr however, 13.3p/share was paid out on 6th September , half way through a yr that they gave us 2% pay rise as they couldn't afford any more. As well as payments to managers for coming in during strikes and also settling the managers dispute with a rise.

Anger. But there's money to pay a dividend and managers bonusses?

They do employ 10x more people worldwide than Royal Mail though. Unlike Royal Mail, they hired the staff to cope with increased demand during the covid boom. They don't need them now. As is RM usual policy, we muddled on mostly coping on overtime or leaving walks undelivered therefore have less or no scope to loose jobs.

Islesworth. Absolutely not, most are claiming extended most days. I'm baffled too. We had a lot of agency doing pkts before Xmas. Office wasn't stacked up although most were doing one side one day other side the other. Leaving a lot of oversized to the agency. I did notice a xmas card date stamped 6/12 today so maybe there is a stack of mail somewhere in the North of England that hasn't been sorted yet. Was bit more normal today but still quite light letters and pkts. I'm as baffled as you.

Totally clear. Everyone been finished well early last two days.

We were a good 40% down yesterday, maybe that's what they're talking about. On one day a yr we're 40% down so we'll set that as our model day lol. Seriously though yesterday was the lightest day I have seen for a very very long time. I missed out entire sections where I always have mail! Don't know where the heck they're hiding it all.

Redceo, yeah it's always good to have a mix on these chats but when someone who's never done the job calls all posties lazy, something has got to be said.
I agree that change has to happen but the way the current management are railroading it in without even consultation of the people who do the job is ridiculous. We have seen over the years many ideas they come up with that simply don't work and had they actually asks the people in the job, we would have told them and thus avoided wasting money. For example, had we keep bikes for delivery and gradually increased pkt driver deliveries we would have been so much more efficient and it's something that they are actually back tracking on now, increasing pkt delivery drivers. How efficient is two in a van share? I'll tell you. You always end up working to the slowest of the pairs pace. When we were all on bikes obviously you worked to your own pace. 12 yrs of excessive vans damaging our top line and the environment. The cost of our fleet is immense compared to when we had bikes, as well as the cost to our joints walking 10+miles a day now. Our current business model with the USO is now broken, we cannot compete with it around our ankles like a ball and chain when parcel delivery companies run free of this obligation. Yes maybe many older posties are stuck in the past but we just want treating with dignity and respect, something the current crop of RM management by and large do not do. No idea how this is all going to play out.

Dilly. It's surprising that all the experts like you have never done a day's work as a postie, or even have a grasp of how the whole business operates.

You underestimate the CWU. They will not settle without a big compromise from RM. That doesn't look likely. The will re ballot again. Whether there's an appetite for striking still from the workers is another matter. The CWU will definitely not agree to any 'deal' Simon has put on the table so far, that I can guarantee. You can screenshot that one too.

The year is not ending well! How much longer till travel becomes investable again? Really thought we were back on the right road couple of months ago.

If they want dividends, I suggest they sell and buy shell or BP. Royal mail will not be paying any for some time, if ever again as the possibility of there being no royal mail in the not too distant future is very real the way things are looking.

I would love to see a dog bite a robots 'leg'. Now that would be funny.

Meanwhile the British government give billions in financial aid to India, one of Russia's biggest oil buyers ...

Everyone seems to talk if losing all this money for the business striking but each day of iA is £7-8m of wages they are not paying. Ok, agency are doing all the tracked and will need paying for but it ain't 110000 people. Plus each day a FT postie strikes they take another HR off their annual leave saving even more money.

What was it , seen 3 different prices.

Just shot up bo and shell

Also that median figure of £32 just shows how much a non postie, IE management wages are. To earn £30k as a postie outside of London, you need to be working around 50hrs a week, every week .

Bae 146. There really is more to it than your simplistic what the media want you to hear view. It's not a 9% rise at all. Part of it is conditional on targets we would stand no chance of meeting. Non of it would be backdated so all of this yr we would have had a 2% pay rise when inflation has averaged around 10%. People losing various supplements would amount to more than a 5-10% pay CUT to some. Working later into the dark in winter is just dangerous in certain areas. People who are genuinely sick will lose pay from their 2nd absence. Ronds will become even more impossibly big to complete in time, leading to stress. Not everyone has the gumption to stand up to a manger 'encouraging' you to complete. That is if they don't let us keep a finished time. Did you know for example that the callers offices are being closed? You will get 2 chances to be in for your parcel then it will be returned to sender. What sort of service is that? And at what cost to the business? Make no mistake, the current BOD, it's not just Thompson, are for whatever reason, with the inadvertent help of the CWU, running this business into the ground. We will be bankrupt in a few months. If you took a look at most of the vans for instance, does that look like a company not on the verge of bankruptcy? From paying a 6% divi to bankruptcy in a yr would be some going for Thompson.

What a difference a month makes eh. You can never tell whats around the corner where it comes to investing.

but recent past results when on an upward trajectory must have some relevance.