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!

Experts dismiss Royal Mail hybrid pension proposal

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72559
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Experts dismiss Royal Mail hybrid pension proposal

Post by TrueBlueTerrier »

robsbelly wrote:Wow those postmen and women with less than 10 years service on DC pension.will not vote for strike action we'll be prepared for a worse pension if royal mail bring this in.
Actually Royal Mail have "improved", or rather moved, on their proposal but the Union rejected it quite forcefully.
All post by me in Green are Admin Posts.
Any post in any other colour is my own responsibility.
If you like a news story I posted please click the link to show support Any news stories you can't post - PM me with a link
My sharing of news articles should not be interpreted as an endorsement or condemnation of any particular viewpoint or the issues presented. I share them solely for informational purposes.
daveyeff
Posts: 4699
Joined: 12 Mar 2010, 19:38
Gender: Male

Experts dismiss Royal Mail hybrid pension proposal

Post by daveyeff »

and rightly so. it amazes me though, that they bleat on about the shareholders being the most important thing and they've GOT to keep them happy, but they KNOW for a certain fact that taking executive change to the pension will bring strike action. that will most definitely ''upset'' the shareholders to say the least :Very Happy :Very Happy .
Tman
Posts: 4129
Joined: 21 Oct 2007, 09:57

Experts dismiss Royal Mail hybrid pension proposal

Post by Tman »

It's a calculated gamble.
RM know that everyones' enthusiastically on the gate for a week, and then the gradual "I can't pay the rent" cries start and slowly people return to work, and that's not taking into account those who wouldn't go on strike anyway and the casuals they'll bus in.
{History shows there's too many sca**y bla**legs in this firm for strike action to work long-term}
When the workforce return to work they'll be hit with a new contract of employment...sign or feck off...and RM's got what they wanted all along.
CWU need to be careful with this one. It isn't the usual "more pay" dispute of old.
heapsy
Posts: 2949
Joined: 02 Jun 2007, 23:40
Gender: Male
Location: Drinking with Gangsters

Experts dismiss Royal Mail hybrid pension proposal

Post by heapsy »

Tman wrote:It's a calculated gamble.
RM know that everyones' enthusiastically on the gate for a week, and then the gradual "I can't pay the rent" cries start and slowly people return to work, and that's not taking into account those who wouldn't go on strike anyway and the casuals they'll bus in.
{History shows there's too many sca**y bla**legs in this firm for strike action to work long-term}
When the workforce return to work they'll be hit with a new contract of employment...sign or feck off...and RM's got what they wanted all along.
CWU need to be careful with this one. It isn't the usual "more pay" dispute of old.
Well put. One of the big issues surrounding industrial action is the lack of financial back up. Many people don't have massive amounts put away, so they will almost certainly crack in the early stages of any dispute. The union will have a big problem if they aren't careful.
Jefferson Starfish
Posts: 899
Joined: 12 Aug 2011, 15:32
Gender: Female
Location: Greendale DO

Experts dismiss Royal Mail hybrid pension proposal

Post by Jefferson Starfish »

heapsy wrote:Well put. One of the big issues surrounding industrial action is the lack of financial back up. Many people don't have massive amounts put away, so they will almost certainly crack in the early stages of any dispute. The union will have a big problem if they aren't careful.
Which is probably why strikes these days are usually for odd days instead of all out.
heapsy
Posts: 2949
Joined: 02 Jun 2007, 23:40
Gender: Male
Location: Drinking with Gangsters

Experts dismiss Royal Mail hybrid pension proposal

Post by heapsy »

Jefferson Starfish wrote:
heapsy wrote:Well put. One of the big issues surrounding industrial action is the lack of financial back up. Many people don't have massive amounts put away, so they will almost certainly crack in the early stages of any dispute. The union will have a big problem if they aren't careful.
Which is probably why strikes these days are usually for odd days instead of all out.
True, but a waste of time tbh. Much better to take Thurs,Fr, Sat off. Then Mon,Tues,Wed the following week. People tend to do all the overtime they can which negates the impact of days out here and there.