What's the FIRST 20% going to it's members mean? Sounds like they are putting us first? Say at the end of the year we make 1Million profit. £200'000 goes to the members, then the next day they get they get the rest £800'000? I don't understand what they mean by 1st?
It's just worded strange, it means 20% of any profit will be shared with the staff. After that the rest of the profit (80%) will be for dividends, reinvestment into the company, etc. It's just 20% will be ring fenced for us.
Every £100million would give us all about £170.
Let's assume Royal Mail turns things round and makes a profit. Is it for Royal mails board and the CWU to decide 20% will be given to the workers? What would the shareholders have to say about their dividends being cut as a result? I don't think they would stand for it and don't believe it would even be legally binding without the shareholders approval.
What's the FIRST 20% going to it's members mean? Sounds like they are putting us first? Say at the end of the year we make 1Million profit. £200'000 goes to the members, then the next day they get they get the rest £800'000? I don't understand what they mean by 1st?
It's just worded strange, it means 20% of any profit will be shared with the staff. After that the rest of the profit (80%) will be for dividends, reinvestment into the company, etc. It's just 20% will be ring fenced for us.
Every £100million would give us all about £170.
And you know there'll be one year when they make, like 250grand profit and we all get a 37p annual bonus. Just to add insult to injury.
Unions major priority in this dispute was self preservation not the members and this is painfully obvious. getting some second hand embarrasment for the union other unions must be laughing their heads off at us
The sickness policy is one that cant be changed by executive action and can only be changed by agreement, so that should have been protected rather than signed away forevermore - there is no reason to make concessions on it. With the money lost across the board in sick pay etc its essentially pay for pay but the payrise isnt anywhere near enough to make 'pay for pay' worthwhile in this case.
The same as Sunday working - none of the current workforce could have been forced to work Sundays without an agreement so to claim its a win that Sundays arent being forced upon us is quite simply taking us for fools
If you tolerate this, then your paid break will be next
Groundbreaking like the prisoners smashing rocks, the CWU only looking after their own backs again. Funny how everything that the strikes were based around have been completely forgotten/buried by Wardy and his cronies. Biggest let down of its members by any union I wonder ?
No this deal is a disgrace. The union has lost the members confidence.Many members have already left the business and many more are ready to leave and I am afraid this will take them over the edge you will lose so many paying member’s because you have not listened to them.We had the support of the public and you have let us down and the public, what happened to the enough is enough campaign was that just another distraction.I am really disappointed with the union
The sickness policy is one that cant be changed by executive action and can only be changed by agreement, so that should have been protected rather than signed away forevermore - there is no reason to make concessions on it. With the money lost across the board in sick pay etc its essentially pay for pay but the payrise isnt anywhere near enough to make 'pay for pay' worthwhile in this case.
The same as Sunday working - none of the current workforce could have been forced to work Sundays without an agreement so to claim its a win that Sundays arent being forced upon us is quite simply taking us for fools
I imagine the seasonal hours would would of been another that needed change by agreement, but I don't know for sure.
I think feck the yes vote.
Vote no and see what they can bomb through without agreement.Could it be worth losing out on the payrise in return? Could still get some sort of rise imposed.
Although i think the deal is terrible, in my opinion the union has done what everybody was asking for a chance to vote on the deal, they have also given everybody twelve months notice to leave if they are so unhappy, if we vote no i think the company will put parts of the business into administration, then everybody will have a lot to moan about the majority of the office i work in will be voting yes.
