ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

The Big Lie - RM going into administration - not!

Pay talks 2022 discussion, news, LTB's RMCtv and all BUSINESS RECOVERY, TRANSFORMATION AND GROWTH AGREEMENT chat
stevejm
Posts: 488
Joined: 09 Dec 2017, 16:16
Gender: Male

The Big Lie - RM going into administration - not!

Post by stevejm »

RM won't enter administration. RM is a part of IDS. RM's financial stats are terrible but they have been cross-subsidized by IDS and prior to IDS by GLS.

IDS finances are fine - check out https://simplywall.st/stocks/gb/transpo ... res/health

IDS has to ask the government's permission to put RM into a special type of administration. The government can refuse!!!

If the government won't let the USO be reduced to 5 days what makes you think they'll let IDS shed their responsibilities to fulfill the USO by placing RM in special administration? By all rational analysis - it won't happen.

The reason the CWU are supporting this pig of a deal is because they were fiercely attacked
1/ reps suspended
2/ no automatic deduction of union subs from payroll
3/ allegedly - vast reduction in amount of money paid to senior CWU when released from duties
4/ only consultative roll in work-place

The RM twisted the metaphorical arm of CWU behind its back until it was at the point of snapping - CWU have squealed "I submit" and R.M said there's a price to pay - promote this deal - and CWU leadership - stopped roaring like a lion and started bleating like meek lambs.
Binsey
Posts: 389
Joined: 14 Aug 2015, 17:33
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by Binsey »

Here endth the Second Lesson.
Trumanity
Posts: 334
Joined: 03 Aug 2012, 13:08
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by Trumanity »

Binsey wrote:
26 Apr 2023, 11:46
Here endth the Second Lesson.
And Lo! they sleweth the goats, and put the bones in little pots.
HTPostman
EX ROYAL MAIL
Posts: 1500
Joined: 01 Sep 2008, 23:53
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by HTPostman »

Trumanity wrote:
26 Apr 2023, 18:07
[quote=Binsey post_id=<a href="tel:1051519">1051519</a> time=<a href="tel:1682505986">1682505986</a> user_id=74089]
Here endth the Second Lesson.
And Lo! they sleweth the goats, and put the bones in little pots.
[/quote]

Blessed are the cheesemakers.
The day is gonna come when we’re all gonna have to testify.

526
Ppat98
Posts: 217
Joined: 27 Sep 2022, 15:08
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by Ppat98 »

stevejm wrote:
26 Apr 2023, 11:42
RM won't enter administration. RM is a part of IDS. RM's financial stats are terrible but they have been cross-subsidized by IDS and prior to IDS by GLS.

IDS finances are fine - check out https://simplywall.st/stocks/gb/transpo ... res/health

IDS has to ask the government's permission to put RM into a special type of administration. The government can refuse!!!

If the government won't let the USO be reduced to 5 days what makes you think they'll let IDS shed their responsibilities to fulfill the USO by placing RM in special administration? By all rational analysis - it won't happen.

The reason the CWU are supporting this pig of a deal is because they were fiercely attacked
1/ reps suspended
2/ no automatic deduction of union subs from payroll
3/ allegedly - vast reduction in amount of money paid to senior CWU when released from duties
4/ only consultative roll in work-place

The RM twisted the metaphorical arm of CWU behind its back until it was at the point of snapping - CWU have squealed "I submit" and R.M said there's a price to pay - promote this deal - and CWU leadership - stopped roaring like a lion and started bleating like meek lambs.
You raised some good points but ultimately it's speculation. Not a fact like your making it out to be. We don't know what's been going on behind the scenes.
IAMNOTANUMBER
Posts: 30
Joined: 09 Nov 2022, 07:39
Gender: Female
Location: Cumbria

Re: The Big Lie - RM going into administration - not!

Post by IAMNOTANUMBER »

Blessed are the cheesemakers.
[/quote]

Henry the 8th loved cheese
Mr Rush
Posts: 3048
Joined: 05 Aug 2011, 14:27
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by Mr Rush »

Getting the government to reduce the USO to five days would be merely a formality as the service has already declined to that level with no pushback from Ofcom, and a pretence as they have no intention of even providing a reliable five day service.
The machine stops.
timbo1234
Posts: 312
Joined: 17 Jun 2015, 21:14
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by timbo1234 »

stevejm wrote:
26 Apr 2023, 11:42
RM won't enter administration. RM is a part of IDS. RM's financial stats are terrible but they have been cross-subsidized by IDS and prior to IDS by GLS.

IDS finances are fine - check out https://simplywall.st/stocks/gb/transpo ... res/health

IDS has to ask the government's permission to put RM into a special type of administration. The government can refuse!!!

If the government won't let the USO be reduced to 5 days what makes you think they'll let IDS shed their responsibilities to fulfill the USO by placing RM in special administration? By all rational analysis - it won't happen.

The reason the CWU are supporting this pig of a deal is because they were fiercely attacked
1/ reps suspended
2/ no automatic deduction of union subs from payroll
3/ allegedly - vast reduction in amount of money paid to senior CWU when released from duties
4/ only consultative roll in work-place

The RM twisted the metaphorical arm of CWU behind its back until it was at the point of snapping - CWU have squealed "I submit" and R.M said there's a price to pay - promote this deal - and CWU leadership - stopped roaring like a lion and started bleating like meek lambs.
If the vote is no what do you think RM will do? Nothing ?Re-enter negotiations? Offer a better deal? Or break up the company to hive off the profitable bits? My bet is the last option? Then there cannot be cross subsidising. Then what happens? I don't know but I'm not prepared to take the risk.
Slim2none
Posts: 193
Joined: 14 Sep 2022, 07:28
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by Slim2none »

As Darren Jones said..."If you can't deliver and honour the USO over 6 days what leads you to believe you can do it over 5?!"

I know for RM it's the cost of the 6th day but that is the obligation that was written into law at privatisation.

The business model should always have this as a starting point. You have to do whatever it takes in other areas of your business to accommodate the USO. These charlatans believe they can pick and choose. Ultimately they can't without breaking the law. Which of course they do day in day out.
enskied
Posts: 1876
Joined: 16 Aug 2013, 17:14
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by enskied »

timbo1234 wrote:
26 Apr 2023, 19:12
stevejm wrote:
26 Apr 2023, 11:42
RM won't enter administration. RM is a part of IDS. RM's financial stats are terrible but they have been cross-subsidized by IDS and prior to IDS by GLS.

IDS finances are fine - check out https://simplywall.st/stocks/gb/transpo ... res/health

IDS has to ask the government's permission to put RM into a special type of administration. The government can refuse!!!

If the government won't let the USO be reduced to 5 days what makes you think they'll let IDS shed their responsibilities to fulfill the USO by placing RM in special administration? By all rational analysis - it won't happen.

The reason the CWU are supporting this pig of a deal is because they were fiercely attacked
1/ reps suspended
2/ no automatic deduction of union subs from payroll
3/ allegedly - vast reduction in amount of money paid to senior CWU when released from duties
4/ only consultative roll in work-place

The RM twisted the metaphorical arm of CWU behind its back until it was at the point of snapping - CWU have squealed "I submit" and R.M said there's a price to pay - promote this deal - and CWU leadership - stopped roaring like a lion and started bleating like meek lambs.
If the vote is no what do you think RM will do? Nothing ?Re-enter negotiations? Offer a better deal? Or break up the company to hive off the profitable bits? My bet is the last option? Then there cannot be cross subsidising. Then what happens? I don't know but I'm not prepared to take the risk.
It's a no vote from me.

To the company and the union
Wolf91
Posts: 506
Joined: 06 Sep 2018, 17:22
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by Wolf91 »

Ppat98 wrote:
26 Apr 2023, 18:50
stevejm wrote:
26 Apr 2023, 11:42
RM won't enter administration. RM is a part of IDS. RM's financial stats are terrible but they have been cross-subsidized by IDS and prior to IDS by GLS.

IDS finances are fine - check out https://simplywall.st/stocks/gb/transpo ... res/health

IDS has to ask the government's permission to put RM into a special type of administration. The government can refuse!!!

If the government won't let the USO be reduced to 5 days what makes you think they'll let IDS shed their responsibilities to fulfill the USO by placing RM in special administration? By all rational analysis - it won't happen.

The reason the CWU are supporting this pig of a deal is because they were fiercely attacked
1/ reps suspended
2/ no automatic deduction of union subs from payroll
3/ allegedly - vast reduction in amount of money paid to senior CWU when released from duties
4/ only consultative roll in work-place

The RM twisted the metaphorical arm of CWU behind its back until it was at the point of snapping - CWU have squealed "I submit" and R.M said there's a price to pay - promote this deal - and CWU leadership - stopped roaring like a lion and started bleating like meek lambs.
You raised some good points but ultimately it's speculation. Not a fact like your making it out to be. We don't know what's been going on behind the scenes.
Nothing there is speculation - apart from the small part at the bottom.
The rest is all true.
Judgee
EX ROYAL MAIL
Posts: 2259
Joined: 23 Oct 2007, 15:18

Re: The Big Lie - RM going into administration - not!

Post by Judgee »

timbo1234 wrote:
26 Apr 2023, 19:12
stevejm wrote:
26 Apr 2023, 11:42
RM won't enter administration. RM is a part of IDS. RM's financial stats are terrible but they have been cross-subsidized by IDS and prior to IDS by GLS.

IDS finances are fine - check out https://simplywall.st/stocks/gb/transpo ... res/health

IDS has to ask the government's permission to put RM into a special type of administration. The government can refuse!!!

If the government won't let the USO be reduced to 5 days what makes you think they'll let IDS shed their responsibilities to fulfill the USO by placing RM in special administration? By all rational analysis - it won't happen.

The reason the CWU are supporting this pig of a deal is because they were fiercely attacked
1/ reps suspended
2/ no automatic deduction of union subs from payroll
3/ allegedly - vast reduction in amount of money paid to senior CWU when released from duties
4/ only consultative roll in work-place

The RM twisted the metaphorical arm of CWU behind its back until it was at the point of snapping - CWU have squealed "I submit" and R.M said there's a price to pay - promote this deal - and CWU leadership - stopped roaring like a lion and started bleating like meek lambs.
If the vote is no what do you think RM will do? Nothing ?Re-enter negotiations? Offer a better deal? Or break up the company to hive off the profitable bits? My bet is the last option? Then there cannot be cross subsidising. Then what happens? I don't know but I'm not prepared to take the risk.
Fortunately the majority it seems (at least going by the posts on rmchat!) are prepared to take the risk? Had posties through the decades buried their heads in the sand and avoided standing up for themselves we would be in a much worse position than we are already!

Sometimes you just need to grow a pair and say no I'm not going let my bosses walk all over me!
Union what Union? Do we have a union?
milly
MAIL CENTRES/PROCESSING
Posts: 1246
Joined: 14 Sep 2007, 09:43

Re: The Big Lie - RM going into administration - not!

Post by milly »

Judgee wrote:
26 Apr 2023, 23:00
timbo1234 wrote:
26 Apr 2023, 19:12
stevejm wrote:
26 Apr 2023, 11:42
RM won't enter administration. RM is a part of IDS. RM's financial stats are terrible but they have been cross-subsidized by IDS and prior to IDS by GLS.

IDS finances are fine - check out https://simplywall.st/stocks/gb/transpo ... res/health

IDS has to ask the government's permission to put RM into a special type of administration. The government can refuse!!!

If the government won't let the USO be reduced to 5 days what makes you think they'll let IDS shed their responsibilities to fulfill the USO by placing RM in special administration? By all rational analysis - it won't happen.

The reason the CWU are supporting this pig of a deal is because they were fiercely attacked
1/ reps suspended
2/ no automatic deduction of union subs from payroll
3/ allegedly - vast reduction in amount of money paid to senior CWU when released from duties
4/ only consultative roll in work-place

The RM twisted the metaphorical arm of CWU behind its back until it was at the point of snapping - CWU have squealed "I submit" and R.M said there's a price to pay - promote this deal - and CWU leadership - stopped roaring like a lion and started bleating like meek lambs.
If the vote is no what do you think RM will do? Nothing ?Re-enter negotiations? Offer a better deal? Or break up the company to hive off the profitable bits? My bet is the last option? Then there cannot be cross subsidising. Then what happens? I don't know but I'm not prepared to take the risk.
Fortunately the majority it seems (at least going by the posts on rmchat!) are prepared to take the risk? Had posties through the decades buried their heads in the sand and avoided standing up for themselves we would be in a much worse position than we are already!

Sometimes you just need to grow a pair and say no I'm not going let my bosses walk all over me!
Those platitudes are meaningless if you can't pay the bills.
We are going into, or are already in a severe recession so keeping your job will be an achievement in the next few years.
I hope the willingness of some people who want to risk everything due to their narrow view of the situation aren't representative of the workforce.
smok3y666
Posts: 729
Joined: 21 Dec 2008, 10:47
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by smok3y666 »

Slim2none wrote:
26 Apr 2023, 19:13
As Darren Jones said..."If you can't deliver and honour the USO over 6 days what leads you to believe you can do it over 5?!"

I know for RM it's the cost of the 6th day but that is the obligation that was written into law at privatisation.

The business model should always have this as a starting point. You have to do whatever it takes in other areas of your business to accommodate the USO. These charlatans believe they can pick and choose. Ultimately they can't without breaking the law. Which of course they do day in day out.
It doesn't matter if they fail over 5 or 6 days because RM are suffering no consequencies of failing now for the last how many months?
timbo1234
Posts: 312
Joined: 17 Jun 2015, 21:14
Gender: Male

Re: The Big Lie - RM going into administration - not!

Post by timbo1234 »

Judgee wrote:
26 Apr 2023, 23:00
timbo1234 wrote:
26 Apr 2023, 19:12
stevejm wrote:
26 Apr 2023, 11:42
RM won't enter administration. RM is a part of IDS. RM's financial stats are terrible but they have been cross-subsidized by IDS and prior to IDS by GLS.

IDS finances are fine - check out https://simplywall.st/stocks/gb/transpo ... res/health

IDS has to ask the government's permission to put RM into a special type of administration. The government can refuse!!!

If the government won't let the USO be reduced to 5 days what makes you think they'll let IDS shed their responsibilities to fulfill the USO by placing RM in special administration? By all rational analysis - it won't happen.

The reason the CWU are supporting this pig of a deal is because they were fiercely attacked
1/ reps suspended
2/ no automatic deduction of union subs from payroll
3/ allegedly - vast reduction in amount of money paid to senior CWU when released from duties
4/ only consultative roll in work-place

The RM twisted the metaphorical arm of CWU behind its back until it was at the point of snapping - CWU have squealed "I submit" and R.M said there's a price to pay - promote this deal - and CWU leadership - stopped roaring like a lion and started bleating like meek lambs.
If the vote is no what do you think RM will do? Nothing ?Re-enter negotiations? Offer a better deal? Or break up the company to hive off the profitable bits? My bet is the last option? Then there cannot be cross subsidising. Then what happens? I don't know but I'm not prepared to take the risk.
Fortunately the majority it seems (at least going by the posts on rmchat!) are prepared to take the risk? Had posties through the decades buried their heads in the sand and avoided standing up for themselves we would be in a much worse position than we are already!

Sometimes you just need to grow a pair and say no I'm not going let my bosses walk all over me!
I cannot understand how people on here actually believe that the CWU have endorsed this agreement in order to save their own skins and those of the reps. If you do believe it then nothing the CWU or anybody says will convince you otherwise. If it is a NO vote we will soon find out what the future holds. As for growing a pair don't make the mistake showing courage for pragmatism. This ballot is the most important in the history of the CWU for both RM and CWU. Given how RM have behaved I would normally vote no but this time is different. Simon Thompson was appointed to do a specific job. Most of his objectives he has achieved. What he might do after a no vote is anybody's guess.