ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (UPDATED 2017)... HERE
08 Oct 2018, 17:49
At last someone talking sense on here.
08 Oct 2018, 18:01
Business is doing well making 500 million or whatever but that’s not how it works they want more and more and more. It just isn’t possible until there’s new automation which I do believe will happen eventually but it isn’t in the pipeline yet.
Perhaps it’s possible in some offices where they dont have amazon contracts and most posties finish early doing less than 35 already for 39 hours paid but not here on most rounds we go over on heavy days and parcels are rising, so to have less time to do the work means cut offs, and then overtime being booked. AND we get paid more. that’s the opposite of Efficiency! Which means more falls in share price.
Please correct me if I’m wrong. And tbh I’m not being negative as a postie this is looking great more money for less work and more over time opportunities. Bad news for shares though.
08 Oct 2018, 19:48
So you believe the lowest paid members of the food chain (us posties)getting 1 measly hour knocked off our working week has a big impact on the share price? Did you know Rico was paid a £6 million bonus? Or the fact Parcelforce, GLS and all the other spin offs RM own have not been performing quite as they hoped? Don't believe the scaremongering its embarrasing. They issued a profits warning just like so many other companies in this difficult economic time. For a company making more than 10 million a week profit I personally think 3.38 a share is good value but only time will tell
08 Oct 2018, 20:20
I’m saying what they got planned with the the SWW is the opposite of ‘efficiency’ is it not?
They plan on paying us the same wage for for doing 4 hours less work a week, that’s the opposite of productivity.
I’d love to know what there plan is because it makes absolutely no sense to me and anyone I work with.
09 Oct 2018, 03:48
Efficiency is measured in items/work hours, if you reduce the number of work hours on paper you increase efficiency. It's a simple formula. Unfortunately what's happened in the last 6 months is that the items have also decreased far more significantly than they expected. Whether that's a long-term trend or just a blip due to Brexit and GDPR is up for debate.
09 Oct 2018, 07:38
Ah right I see so it doesn’t matter how much we get paid? I thought they would factor that in.
Doesn’t matter as we can’t physically improve ‘efficiency’ the way they’d like untill new automation comes along to make a major impact on the time it takes to get out the door.
Perhaps other offices are different, be we have just about reached peak productivity here imo can’t see it changing till new automation comes along to sort and throw off the Mail.
09 Oct 2018, 12:16
daveyeff wrote:anybody who didn't see that coming doesn't know Royal Mail. they are noted for this kind of crap. all those shares sold at a piss poor rate will be snapped up cheaply by their goons and cronies, then they'll announce record Christmas profits and the shares will shoot back up.
sold my shares two years ago because I knew RM would pull this kind of stunt. Even though it was taxed it worked out better for me as the price was 500p
09 Oct 2018, 13:22
Doesn’t matter as we can’t physically improve ‘efficiency’ the way they’d like untill new automation comes along
The whole system of using items/hour as a measure of productivity is flawed, the item "weighting" system that's supposed to balance the difference between something like D2D which has a high efficiency level and tracked packets with a low efficiency is supposed to mean that offices can be judged against each other but you also have to take into consideration that a rural office will have a much lower items/work hours than a city centre office, an office that covers LAT items will have it's efficiency affected, offices with a lot of new development, offices that deal with traffic issues, larger merged offices that have a lot of traveling to and from delivery....the list of factors that affect productivity are pretty much endless and difficult to unravel so for Rico to claim that it's down means he must have been consulting the tea leaves.
12 Oct 2018, 18:35
losing an hour a week is 2.5% and times that by 4 is 10%.
Do they think we will be 10% more efficient when they reduce the hours to 35.
14 Oct 2018, 17:15
The union should be asking for an enquiry into this blatant share collapse. Time to be less efficient as two can play this game RM.
14 Oct 2018, 17:30
rollsnoyce wrote:The union should be asking for an enquiry into this blatant share collapse. Time to be less efficient as two can play this game RM.
WHY what do you expect union to do.
14 Oct 2018, 17:49
The union aren't bothered as they didn't want RM privatised in the first place.https://www.royalmailchat.co.uk/communi ... 15&t=87931
14 Oct 2018, 19:30
At last someone talking sense on here.
Things may get worse this time next year with another hour off, but long term 5+years it’s surely going to go up. More and more people buy online, the long term future is good for Royal Mail just think they have f’ed it up temporarily.
14 Oct 2018, 19:52
As the letters decrease the USO becomes more expensive to maintain. It's already close to the point where the regulator will have to intervene.
That leaves two options.
1. Water the USO down.
2. Subsidise the USO.
My money is on the former. Monday to Friday letters in urban areas, three days a week for rural areas, All SPDOs.closed and rural collections down to a bare minimum. All within the next 2-3 years.
14 Oct 2018, 19:54
I can't see any of the other 1hr reductions happening, there's no where near enough staff for it to have a hope in hell of working
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