Member Info for mike1974

The union is just an entirely self serving entity, all Ward is interested in is keeping RM as bloated, outdated and inefficient as possible to ensure his money for nothing from membership subs doesn't get reduced.

Cashola - Any supposed "shortage of workers" is nothing to do with being in or out of the EU, I think you'll find overall immigration numbers haven't altered since we left the EU.

Any shortage of workers in the UK is due to our profligate benefits system which allows people to choose to have kids they can't afford and then choose to work minimal hours in order to receive optimum "in work" benefits.

If does seem a bizarre decision by the government if they have rejected a formal request to reduce the USO.

Any fool can see 6 day deliveries are now completely unnecessary and are a costly and pointless anachronism and ultimately they're going to result in the business failing altogether or in the event of a takeover the new owner will hive off the profitable parts of IDS and leave the letter deliveries to whither on the vine... in either case the government will then have to step in and take on the liability for their precious 6 day delivery service.

I wasn't even aware that yesterday's mention of the USO being reduced to 5 days was a formal request from Royal Mail, but according to the Times it was.. and the government have apparently already rejected it...

https://www.thetimes.co.uk/article/royal-mails-plea-to-end-six-day-deliveries-rejected-x9h0jjqrm

Maximas - An absolutely perfect example of the attitude displayed by old timers in RM, an abysmal work ethic and full of self entitlement, resentment, bitterness, intransigence and utter selfishness... Doesn't care about the long term viability of the company or a secure future for it's younger employees, just wants to retain his own cushy little number until his imminent retirement .

I knew plenty of posties who kept a diary of their sickies, so they knew when they were in the clear to take another one without it triggering a stage 1 warning, effectively getting an extra 2 weeks a year paid annual leave.

Also plenty of posties who have decided to leave the business will just go off on long term sick first to milk it for as long as they can, 6 months full pay then 6 months half pay makes for a nice little pay off.

Thanks Angerz, yes the potential scenario of half cash and half GLS shares would probably be of most interest to me!

Thanks Maximas, I didnt realise thats how it works.

So my shares will just be automatically sold and I'll receive the cash and I won't have the option to remain with DK for the ride?

I know this has been touched upon previously but there didn't seem to be any decisive answers...

In the event that DK does make a bid for full control of the company just what are our options as shareholders?

What if I don't want to sell my shares at whatever price he is offering to buy (let's say 400p for example) because I've got faith that under his ownership there's potential for much more value to be realised in the share price in the future?

With talk of him hiving off the most profitable aspects of the business,( GLS and parcels) and leaving the letters to whither and die or possibly fall back under national ownership, if I was to hold onto my current shares how do I ensure they remain as part of the profitable bit that has the potential to flourish and I'm not left with worthless shares in the RMG letters division of the business?

(Hope this makes sense and I'm not talking nonsense!)

Great news that the CWU have once again been shown up for the incompetent, self serving troughers that they are.

Let's hope posties are finally starting to realise that all the union is interested in is troughihg on their unearned income from membership subs and they aren't capable of competently representing their members or acting in their best interests in any way what so ever.

Dowsie - I've never had a penny in inheritance or bomad, and I'd say my investments haven't done any better than average, I have spent a total of 30 years working full time in RM and elsewhere whilst living a relatively frugal life which has now allowed me the luxury of an early but admittedly frugal retirement.

Wolves - Why would I strike when I'm retired? (At 48 btw)

(Keep on diggin' that hole your in, this is turning in to a classic)

Wolves - 22 years an OPG, and yes, a shareholder also... ''oh dear'' indeed, you cant help but keep making a fool of yourself can you?

As I've said numerous times previously... there will be NO large scale redundancies, the figures quoted in this latest statement can easily be achieved within the timescale through natural attrition and a recruitment freeze.

Even the workshy, **** taking, deadwood old timers like Wolvesposty stand no chance of getting a payoff

Awww bless, Isleworth, how sweetly innocent and naive you are.
You really do believe RM is going to get renationionalised and you can go back to getting paid 8 hours for working a 3 hour day.

It's not even a debatable issue, the fact is the large majority of Universal Credit claimants deliberately limit the number of hours they work in order to claim optimum UC, even when permanent full time hours are available and when their wage is considerably over the National Minimum Wage.

Wolves - You really do have some serious personality issues.
Taking great delight in witnessing the fotunes of a business struggle and the apparent pain that shareholders are feeling, mainly due to the workshy attitude of "old school" employees such as yourself, whilst you clearly have no concern for the future prospects of younger employees in that business.
A classic example of the selfish, arrogant, conceited, entitled and uncaring attitude of your generation.
For someone who claims to be doing a "job they love" you certainly seem to have a lot of bitterness and resentment in your life, evidenced by your constant schadenfreude.

Maximas- I agree with pretty much everything in your post, one ray of light is hopefully the company won't have to fork out huge sums for mass redundancies.
Delivery Offices are already run on a less than skeleton staff with masses of unfilled vacancies across the country, natural wastage of the workforce was already at 8-10,000 staff per year, all RM has to do is continue not replacing these leavers and it can soon reduce the workforce significantly at no cost at all.

Can anyone explain why online retail and the associated parcel delivery services now seem to be getting absolutely slaughtered, compared to High Street bricks n mortar retailers which just seem to be bumbling along with seemingly no current bad news or future forecasts of doom and despair?

HH1AN2 - In fairness to mhudson he seems to be referring to the ''working'' culture in MC's rather than posties on Deliveries.
As I've previously mentioned (and as a delivery postie of 22 years) I do agree with him, RM has a completely different attitude toward it's delivery staff compared to the Mail Centre staff who really do take the **** with antiquated and inefficient working practices unchanged from the 1970's