Progress on highly secretive Royal Mail strike talks to be revealed

Post by **TrueBlueTerrier** » 04 Dec 2017, 18:51

http://www.cityam.com/276894/progress-h ... s-revealed" onclick="window.open(this.href);return false;

Details of highly secretive talks aimed at averting a mass Christmas walk-out by postal workers are set to be revealed tomorrow.

Negotiations have been taking place between Royal Mail and the Communication Workers Union (CWU) since the end of October, as both sides hope to thrash out a deal on proposed changes to pensions and working conditions.

And for the first time in almost five weeks, union members involved with the talks will report back to its postal executive to update them on progress tomorrow afternoon. The CWU will then deliver an online update to its 110,000 workers.

The CWU had planned a 48-hour walkout in mid-October only to be thwarted by High Court ruling in Royal Mail's favour that said arbitrated talks must first take place for strike action to be legal.

Royal Mail chief executive Moya Greene is leading the talks after previously been criticised by the CWU for a lack of engagement with the union.

Those involved in the talks have committed to non-disclosure terms while they continue, meaning many in the higher echelons of both sides do not know whether progress has been made.

Royal Mail shares have rallied by over 14 per cent after hitting an all-time low at the start of November. City analysts have previously stressed the threat of industrial action – something that could open the door to Royal Mail's delivery rivals – is the biggest weight on its stock market valuation.

At the centre of the talks is a decision by Royal Mail to close its mammoth pension scheme and alter key working practices.

Royal Mail says the pension scheme closure could lead to annual costs spiking to over £1bn. And with its largest division, letters, in seemingly terminal decline it wants to better challenge in the parcel sector. To do so, it needs to change certain practices – for example, rejigging working hours – to compete with next-day delivery rivals such as Amazon and Hermes.

fishtank · Post by **fishtank** » 04 Dec 2017, 18:57

Royal Mail says the pension scheme closure could lead to annual costs spiking to over £1bn.

Doesn't anyone proof read anymore?

justapostman · Post by **justapostman** » 04 Dec 2017, 20:21

"Made in Dagenham"
very good movie....

gb93 · Post by **gb93** » 05 Dec 2017, 17:05

Good progress on pensions
£550 lump sum for this year 2% pay rise for next year(turned down.
Trials for 1 hour off working week
Pipeline still discussing

Spedley · Post by **Spedley** » 05 Dec 2017, 17:10

One pension for all
No lump sum, that is just bribery for votes, hourly pay rise if we can.
Don't care about shorter week - my job won't change.
Pipeline aimed upwards, not down to the cheapest in the sector.

Rommagic · Post by **Rommagic** » 05 Dec 2017, 17:15

2 per cent pay rise for 2017 and another 2 per cent 2018.
Pension to stay the same until April 2020 but new deal must be reached by Apri 2019
Later starts to come in over the next three years.
Terms and conditions extended till 2022.

gb93 · Post by **gb93** » 05 Dec 2017, 17:15

What I have posted is official as far as I am aware.
It is not my personal wish list just to be clear

Rommagic · Post by **Rommagic** » 05 Dec 2017, 17:18

gb93 wrote:Good progress on pensions
£550 lump sum for this year 2% pay rise for next year(turned down.
Trials for 1 hour off working week
Pipeline still discussing

£550 agreed for this year?
2 per cent for next year turned down?
Good progress on pension more detail?
Trails for 1 hour off?

gb93 · Post by **gb93** » 05 Dec 2017, 17:23

Rommagic wrote:
gb93 wrote:Good progress on pensions
£550 lump sum for this year 2% pay rise for next year(turned down.
Trials for 1 hour off working week
Pipeline still discussing

£550 agreed for this year?
2 per cent for next year turned down?
Good progress on pension more detail?
Trails for 1 hour off?

No £550 lump sum for this year turned down too.
The rest is all I have seen or heard.
Would like to think it is 100% accurate.

Martin Walsh · Post by **Martin Walsh** » 05 Dec 2017, 17:25

All the of the guessing is wrong. All will be revealed later today or tomorrow but progress is the word and talks will continue.

gb93 · Post by **gb93** » 05 Dec 2017, 17:33

Well if that is the case dingo I am in utter despair of our top union officials.
I will say no more.

gary1975 · Post by **gary1975** » 05 Dec 2017, 17:39

Prepare for a shafting and decoupling of four pillors

farstrider · Post by **farstrider** » 05 Dec 2017, 17:45

https://www.facebook.com/Thecommunicati ... 447114595/.." onclick="window.open(this.href);return false;.

shepherdess · Post by **shepherdess** » 05 Dec 2017, 18:34

So is it a lump sum and pay rise this year or just a lump sum ? And 2% next year

clashcityrocker · Post by **clashcityrocker** » 05 Dec 2017, 18:43

A lump sum this year, which will be consolidated into pay next April along with a 2% pay rise I think is what is being proposed.