Member Info for Scampthedog

I am just a postie working the night shift - cheers! Good night all.

Who said anything about full time? The comments you are commenting on are about two people working 20 hrs each every week. And by the way if your flat is costing you £12,000 a year is £18,000 to live on not better than being unemployed. You both show yourselves up.

My gross wage, without any overtime added, is £28,400...I do not consider this a bad wage.

Nearly every single short term contract when working for Royal Mail, whether full time or part time, leads to proper full time employment. Being awarded an STC is almost a 100% guarantee of being given a full contract sometime in the not so distant future.

"Bottom line is the pay rate is good but the income is actually very poor. A couple working for rmg with no access to benefits etc will still struggle on £30k per year". Struggle on £30, 000 a year? What sort of privileged world are living in Normalguy? How many couples living on state handouts would relish the chance to earn £30,000 between them part-time? Are you drunk, mate?

Those incurred financial costs being our wages of course. Got to make savings somewhere I suppose. I wonder if Rico is intending to reduce his earnings potential? Just a fleeting thought you understand.

Normalguy. I personally speak to at least half a dozen people who have received just that: their 38 hour short-term contracts reduced to 20 hours a week...in the short while anyways. This company is commencing a massive overhaul of all the available working hours...and that includes suspending, at present, all the "Scheduled Attendance" in a concerted effort to increase the workload whilst decreasing the incurred financial costs.

Quote from Fruitster: "Rico will sort them all out and change the culture to a plc". Errr, what? Wrong!!
Rico Back will do exactly what I am now telling you he will do: he will negotiate with the CWU...in directly of course. But he WILL negotiate.

Wrong again, Fruitster...just like you were wrong in insisting that industrial action would not drive the s.p further down than where it was after making the comment months ago. Industrial action? "priced in" was what you stated...was it not?

I agree with the first part of your commentary, H-hi...but not the later part. I myself do not regard Rico Back as weak. I personally see him, and I thing the markets view him in the same light, at present anyways, as absolutely bristling with determination. I think he might be persuade upon to moderate his present policies somewhat...but not to the extent of back-peddling -- and certainly never caving-in! He is just not that sort of man. The CWU will have to negotiate with him...like it or lump it. In short -- both sides will have to give ground.

Regarding the competition. There is enough of a rapidly expanding market out there, and one that is growing bigger and bigger every day, to satisfy every courier...big and small. There is plenty to keep everyone happy at present.

There is one silver lining: if (or rather - when!) RMG and the CWU do come together and engage in fully committed and sensible discussion then the s.p can recover very quickly back to the £2.50 mark...and even the greater part of the present dividend might still be maintained. But that is a big if in present circumstances.

Correct, Quinny29!

Have to agree with DerekR regarding the dividend...even a rank amateur like myself can see the present rate is unsustainable.
Have to also agree with Liberum regarding the £1.20 s.p projection if everything happens to fall through with the union.

However, at present RMG are making massive savings by slashing the use of Angard agency workers. Gone are the days when the depots would be manned by almost as many agency as staff. There is, now, and this will increase even more so as the days go by, more personal accountability; RMG has always shied away from this sort of approach regarding staff, much preferring to criticize groups as a whole hoping that the individual(s) responsible for letting their workplace colleagues down would pull their socks up...but not anymore. Now there is a change of tact...and not before time I might add. Hence one of their new catchphrases: "There is a job for everyone at Royal mail who wants to work together at pace". Or: "We all have to work together at pace". Along with a more determined resolve to root out the long time sick, lazy and laymen there is definite change in the air. When the CWU finally sits down with the company, each with the proviso of being completely open-minded and receptive to big changes, one of the considerations will be the sick pay policies...it has to be drastically overhauled and the persistent longtime users and abusers singled out, and, if necessary, dismissed. Time to get down to some tough talking now before this really does all go to Hell.

And just to think some of you on here claim, and have always claimed, that the threat of industrial action was "priced in" to the s.p and did/does not make the slightest bit of difference. Well, we the posties, on this board at any rate, have been consistently telling you all all along that it does. Like I have always stated, the s.p has nothing to do with Brexit or any other market forces. It is one thing and one thing only -- the threat of a huge and crippling strike!! And no amount of agency workers can compensate for that. To sum up: its now or never time.

Can't see it...

Not so. And I can assure you...there is only one Scampthedog.

Oppsss! Where did he go? He will be back...but not as Teslo of course.

Oh Chr!st! Look who's back.

Myself? Not a clue. But I can type "Barchart" into the search engine, and the site will explain everything you have mentioned, and a lot, lot more also, to me...and in much intricate detail I might say.

As for your threat of this being your very last post, Teslo, I am very glad you are going. You come late to the party...and straight off start posturing as if you have omnipotent powers. Like I mentioned beforehand, all the big financial institutions and merchant banks got it wrong on this one while you just reined yourself in for a couple of years, using your incredible intuitive and deductive skills of course honed over many years of flawless trading, before striking like a cobra and moping up all the ridiculously cheap shares.

Yeah...what a load of codswallop. And what a pompous ass to boot!!

Stay off the sauce, Fruitster...you are becoming almost unintelligible.

Night, night!!