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Royal Mail expected to announce profits of 'up to £400m'

Latest Royal Mail and CWU news.This is an open forum.
crammypostie1
Posts: 187
Joined: 31 Mar 2013, 21:45
Gender: Male
Location: Cumbria

Re: Profit Shocker

Post by crammypostie1 »

Danelectro wrote:why is it that people come on here and slag off posties that slag off mangers and moya...is it the way it is innit?
we are all in this together, to make this work we all have to stick in and work together isnt that what team work is huh huh huh ?? :arrrghhh :arrrghhh
gand
Posts: 253
Joined: 10 Aug 2011, 17:36
Gender: Male

Re: Profit Shocker

Post by gand »

Danelectro wrote:why is it that people come on here and slag off posties that slag off mangers and moya...is it the way it is innit?
I'm going to take a guess just a guess mind you. That the people who slag the posties off are the same one's who don't take a break, don't use a trolley come in early and prep d2d in there own time. just a guess tho :dance
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72428
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Re: Profit Shocker

Post by TrueBlueTerrier »

crammypostie1 wrote:
Danelectro wrote:why is it that people come on here and slag off posties that slag off mangers and moya...is it the way it is innit?
we are all in this together, to make this work we all have to stick in and work together isnt that what team work is huh huh huh ?? :arrrghhh :arrrghhh
Image

He says that as well - I don't believe him either.

If we are all in it together - why don't we get bonuses on the same lines as managers. :hmmmm
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fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: Royal Mail expected to announce profits of 'up to £400m'

Post by fishtank »

to make this work we all have to stick in and work together isnt that what team work is huh huh huh ??
Only if teamwork means undermining,criticising and bullying staff all morning followed by a Tesco breakfast and a couple of hours with your feet up on the desk.
[huh huh huh
Elvis left the building a long time ago mate. :cuppa
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iceman1277
Posts: 103
Joined: 28 Jan 2010, 15:51
Gender: Male

Re: Royal Mail expected to announce profits of 'up to £400m'

Post by iceman1277 »

We as a work force have royal mail by the the balls if we could stick together but this will never happen. so we will allways get walk on, One upon a time the cwu did have some power but that's all gone now. All the doms will be laughing at us mugs as they go to get there bonus. I bet my dom going to get £10,000 grand he got £7,000 grand last year.

There will be more flexing and less overtime to hit targets year in year out and I think we can forget about a pay rise lol .

For once we need to get some balls or we are just going to get walked on!!!!!!!!!!!!!!!!

:evil/mad
janitor
EX ROYAL MAIL
Posts: 689
Joined: 28 Aug 2007, 16:18
Gender: Male

Re: Royal Mail expected to announce profits of 'up to £400m'

Post by janitor »

fishtank how can you make such sweeping inaccurate statements, ours used to have a McDonalds breakfast, the local tesco cafe was to far to walk.
Edward Hunter
Posts: 677
Joined: 23 May 2007, 22:30

Re: 300~400M £ Profit ?

Post by Edward Hunter »

jaxx wrote:The profits will be at least £400 million, because if they are not, then the managers don`t get their bonus - and we all know that`s never gonna happen.
Is that actually true?
jaxx
Posts: 19
Joined: 08 Jun 2010, 21:36
Gender: Male

Re: 300~400M £ Profit ?

Post by jaxx »

Edward Hunter wrote:
jaxx wrote:The profits will be at least £400 million, because if they are not, then the managers don`t get their bonus - and we all know that`s never gonna happen.
Is that actually true?
Yes, Royal Mail call it the `Profit Gateway`. The Managers Bonus Scheme states that in order to pay a bonus a profit has to made. The `Profit Gateway` is that target. This year`s was set at £400m - they announced £403m. Last year`s was set at £210m - they announced £211m. Anybody see a pattern developing here? I believe the profits are much higher but they only need to announce enough to trigger their bonus payment which they will receive in their June salaries.
slave
Posts: 433
Joined: 20 Sep 2007, 21:39
Location: North West

Re: Royal Mail expected to announce profits of 'up to £400m'

Post by slave »

Of course, management greed, bound to happen, will continue to happen, for now.. Bring on privatisation I say, just so I can see management culling - no external company would put up with or justify the number of managers as RM have - the number of them that I see scraping the barrel to try and justify their existence is amazing. Any little job be it bullying, pestering or some deluded security and safety ideas, they'll do it just to make themselves "appear" busy, when we all know the coffee machine is in overdrive.

Far too many of them (less foot soldiers now and yet there seems to be as many managers as there always has been, the figures don't stack up), cull a respectable portion of them and profits would increase dramatically.