jahbalon wrote: ↑12 May 2023, 20:10
It will be a Yes vote, narrow but still a Yes vote I believe, because most of the mail sorters, admin and engineers will vote yes. I think the CWU will persuade enough of the posties to carry the ballot.
The CWU leadership are going to the areas in the country first where they know that most union reps/members are voting no. They hope to convince them that there is no alternative, no plan B and no other option.
But there will be two options on that voting slip.
You either vote for weaker terms and conditions and a below inflation pay rise or
You vote NO and force them to reconsider the poor deal that the Union leadership have reluctantly accepted.
Contrary to popular belief RM cannot force through all the changes that they want through executive action. They have to put forward quite a robust business plan if they also intend to enter administration and it's up to the govt to accept it. It's a last resort for RM because apart from the board members having to leave their jobs, I believe it's much more likely that the govt will look at days off the USO rather than accept public ownership anyway. But given that RM balance sheet is strong and it holds plenty of assets and that it also owns GLS which is profitable, they will have a very difficult job trying to prove that Royal Mail is going bankrupt right now.
It's strange that the RM board and now the union leadership are desperate to get this deal done to save their careers. But that is what it has come down to.
As usual, it's those unfortunate enough to do deliveries that are drawing the short straw in this agreement
On the face of it, shareholder value is the dumbest idea in the world.