Member Info for IsleworthSpy

@ Newdealz.
What happens to RM (letters, parcels, international, etc) If the company ceases to be a going concern?
What actually happens to the company?

@ Newdealz.
I'm not sure how you get the fire and re-hire scenario.
You may want to go back to when the company was privatised.
If this suits your statement about fire and re-hire, fine.
That's not what i see.
Each to their own, though.

@ Oli G.
It reads to me that they have reduced, one or both of their holdings.
They have to declare long and short positions. These did total 5%. They have now gone under 5%.
Previous combined position 5%. Resulting position under 5%

@ Newdealz.
"""""Not really sure what to say to that but its now down to you employee's if you want to keep your jobs,"""""
Why would i (or my work colleagues) lose our jobs if we strike?
If the company goes t*ts up, the only sufferers will be shareholders.
The government will have to take RM back, and it will be funded by the taxpayer.
A double whammy for any shareholder.
Do you agree?

@ Newdealz
@ Sid
It would have been nice if DW had actually stated what the CWU were trying to avoid. And RM what they actually want.
This is getting difficult now.
Clarity from both parties would be nice.
F**k all this we cannot talk about it.

@ mike1974.
The CWU have no influence over the USO.
If you mean something else, like work to rule, IA, etc, then say it. That will continue regardless of the USO.
RM have to abide by the USO.
I'm surprised as an ex-employee, that you cannot see this.

@ mike1974.
You do realise that the CWU has absolutely no power over whether or not the USO exists?

@ Silkymoves.
Regarding this administration thing.
Do you think that the IDS deity, Daniel Kretinsky, knows about these issues?
Is he dropping his shares?
Or is he holding onto the 4 quid per share from the possible sale of GLS?
So many questions. So little time.

@ Oli G.
""""my belief is that the BoD knew that the business was in trouble in December 2021""""
I would hope that they didn't. Paying out dividends and share buy backs would appear to be slightly foolish, if that was the case.
And on the subject of revisions. We lost 5 duties in our office. Our reasonable request is that if we cannot do the lapsing one day, it goes out first the next and we fail parts of our own duties. I'm not sure how that is USO compliant.
And the next round of revisions are meant to be starting next month, with implementation in October.
Please Sir, can i have some more.

@ Silkymoves
I'll ask.
Who are the higher management that you mention?
And what conversation are you talking about?
What position do you hold in RM that makes you priviliged to receive such information?
And, if you are correct, is renationalisation is on the cards?

@ Henky.

The select committee will issue their report on the RMG hearings tomorrow.

And i understand that the CWU hope to update members on the wider issues too.

@ Newdealz.
@Broch - im glad to see someone has some sense and can box clever, work smart and make it work for you. Good on you.
Saturday 13.20.

Didn't you and many of your "friends" on this board berate me for building up a strike fund, prior to the first day of IA?

@ Newdealz
""""@Oligarch - try voicing your disapproval, if not heard then try working slowly, again if not heard dont turn up for work when you are at most required, see how badly they need you, you will get heard i can assure you.""""

So what you are suggesting is work to rule and if that fails unofficial IA?

Yet you constantly berate posties for IA.

Stop posting absolute nonsense.

@ JBT.
You think the board will be happy?
I think they'll be ecstatic!!!
Table top revisions with the CWU involved? Let's look at the outdoor actuals.
Indoor performance? Let's look at the traffic and measurement tools.
Pay rise? Possily gone for this current year as DW stated a long term agreement.
Conduct cases? I think that the majority, if not all, will be exonerated. In keeping with the spirit of "current things".
Start and finish times? Well, for now it seems that this has worked in the posties favour, in the majority of cases.
New employees? Nothing mentioned on this.
Owner/Drivers? Nothing mentioned on this.
Agency staff? Still in gainful employment under the RM umbrella. And still being paid 20 quid an hour for an 8 hour day (minimum), but some only working 4. And the agency getting paid too. These are the future employees of RM, IMO.

Did i say ecstatic? Deliriously overjoyed more like.

@ Time2Kill.
IA was not about a pay increase only.
For the majority it was the imposition of a not agreed pay rise (EA), as well the huge changes to our t's and c's.
I think there would have been IA even if RM had given us a 10% pay increase.
Money isn't everything.

@ led1666.
""""As I have repeatedly said, not changing is not an option in a business losing £1 million a day.""""

If Thompson has said this now, then surely the business must be on the same footing as 9 months ago?
Still losing a million quid a day, but no worse then when these first doom laden figures were presented. Despite all the IA.

In fact, if this is true, then RM must be on an upward financial curve.

@ wolvesposty.
"""""go the extra mile""""

4 little words that mean a whole lot to the people who do the real work. How have the exremely well paid management not worked this out yet?

I'm surprised with the voting figures turnout for the ballot. I thought it would have been much lower.

In further news:

Word reaches me that RM are bringing back managers who have recently been given redundancy.
40 grand for a 9 month contract.
I'm not sure how that fits in with redundancy rules, but that is what I've heard.
Probably ""working"" on the revisions.

@ wolvesposty
I don't actually think they will.
"IN MY OFFICE" (i know how some people like me using this phrase) this week, we have been told early morning SA will be reduced (there goes my strike fund) as well as payments for deliveries. So they are obviously testing the waters.
Some staff will still come in early and do what is required within their hours. Contracted or overtime.
Exactly what RM want.
And then reduce some more, and more, and more, etc, etc, etc.

As for me? I'm loving it. I'm doing what Si wants me to. I am being monitored, indoors and out. If i can take any "absorption" i will.
Please Si, can i have some more?

@ JBT.
I have no idea why staff do not adhere to the guidelines laid down. The majority don't, though.

Anger.
If you dangle enough of a carrot to delivery staff, they will take it. The savings could be huge. That is something i can comment on, but you cannot.
And I'm not the one responsible for decimating the share price. That's Thompson.

Talk2Much.
Regarding the USO.
Does this become financially viable after duties are culled? Regardless of the outcome of these revisions. The USO will continue to be 6 days a week. So, in effect, parcels become the same.
For the record i was told by one of my white collar friends that 5 duties are being collapsed in my office. About 11% lost.
That means 5 walks not being covered on overtime.