George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Just received a message from the CWU regarding the new Christmas incentive scheme. If units meet their targets then there's a monkey per head up for grabs which would equate to £60m if every unit meets their target. Very generous but will this money be recouped from the cost savings?
Redceo, RM has always been top heavy with middle managers. I believe that the ratio was one in twenty, however the workplace coaches have always been under utilised in my opinion. A year on year saving of £50m would be a much needed boost to the finances.
Redceo, "just thank whoever that non of us were ukrainian villagers today".....Amen to that. There's a much harsher life outside of this forum and indeed these borders.
To be born an Englishman is to win the lottery of life.
Redceo, sadly Christmas always seems to take RM by surprise. Regrettably, I will be playing no part in this year's clusterfeck however it is worth noting that Evri started a 10,000 employee recruitment drive during the summer and currently there are issues in many sectors with staff recruitment. I currently have a builder that has a couple of vacancies, my local family owned service station and MOT station is staffed by sixty somethings who want to retire after many years but cannot recruit any youngsters, the local Post Office is always closed in the afternoon due to lack of trained staff and even the pub has stopped serving food between Monday and Thursday because they can't get enough staff even though demand is there.
Hopefully RM have secured enough hire vehicles for this festive season (unlike a couple of years ago when Achim Dunnewald would not release the funds) otherwise it's going to be another brown trouser event.
TMS, "I am wondering though if since the end of the dispute and Martin’s appointment if the BoD have gone into a period of hibernation?......It’s been wall to wall silence for a number of months….."
When Thompson dropped the bombshell in July 2022 that the business had lost £92m during Q1, I messaged him on the official RM internet Workplace app to ask why there had been radio silence over this. I should have realised that something was up as several significant projects had been quietly shelved in my area. The response was that they (the BoD) couldn't let anything slip due to stock market regulations.
Now I assume that this cuts both ways for the possibility of good or bad news? I guess that we are going to have to be pleasantly surprised or infuriatingly disappointed on results release day?
Broch, as I posted last week, we are now getting a fantastic service from RM. Parcels and small jiffy bags between 9am and 10am, letters between 6pm and 7pm. Large items are delivered (or collected as returns) by Evri between 11am and 5pm. Couldn't ask for better than that.
I notice that the RM tracking system is still down? I'm not sure why it's taking so long to fix.
GJL9, Newdealz, I thought that you would have realised by now that the only employees at RM are disgruntled ones?..lol
The "snow shovels" story does seem to be funny on the face of it, however if you dive deeper into this then you will find that the current senior management is up against more than just a disgruntled workforce? Senior management and the BoD are wanting to make fundamental changes to the infrastructure in terms of buildings and automation but are very often frustrated by legacy contracts signed by their predecessors that would be costly to scrap or change and as we have been told that finances are tight then work around solutions that are less than optimal have to be found. I'm sure that it will all work out in the end but all the time that Simon is inter rimming nothing is going to happen.
The tree shaking is neither here nor there to those who are currently happy to hold and don't wish to purchase more at this current time but interesting none the less.
Hurtsparrow, I believe that those "plastic Yorks" were an innovation from one of the engineering apprentices and sanctioned by the Head of Engineering because the existing red sleeves couldn't be tipped for the new parcel machines. The project couldn't afford new wheeled containers so this was the work around. The snow shovels will have a dual usage during the winter months. Just be careful with the sharp edges of the cable ties though?
Scamp, you really shouldn't be so negative about Royal Mail........that's my job.......lol
Darbo, RM don't have any "deficiencies", just "opportunities".
Anyway, what happened to "the Iceman cometh"? By the looks of it, he came, he saw and he decided to spend some dosh in Europe instead.
Newdealz, how's this for a moan.....
Today, I received a couple of jiffy bags from my usual postie at around 9am this morning. Imagine my surprise when a different postie handed me three letters just after 7pm this evening?
If you go online to the Daily Mail or This is Money, all the comments are about poor service from RM, however my postcode area seems to be bucking the trend here.