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who will be the biggest losers from privatisation?
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Edward Hunter
- Posts: 678
- Joined: 23 May 2007, 22:30
who will be the biggest losers from privatisation?
Delivery posties, mail center workers, royal mail managers or full time release union officials? discuss
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Shambles
- MAIL CENTRES/PROCESSING
- Posts: 736
- Joined: 25 Jul 2013, 21:30
- Gender: Female
- Location: Tree house
Re: who will be the biggest losers from privatisation?
Edward Hunter wrote:Delivery posties, mail center workers, royal mail managers or full time release union officials? discuss
Let's not start this BS WE will all be losers if we don't stand strong, united !
Last edited by Shambles on 12 Sep 2013, 23:01, edited 1 time in total.
I have No Friends,
Or Enemies....
Only Teachers.
Or Enemies....
Only Teachers.
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Cut Off King
- Posts: 1078
- Joined: 23 Jun 2009, 21:18
- Gender: Female
Re: who will be the biggest losers from privatisation?
I predict that 50% of OPG grades will lose their jobs over 5 years, however I predict that 85 % of managers will be judged to be surplus to requirement too
But one way or another, we'll all be worse off
But one way or another, we'll all be worse off
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kingmalik
- Posts: 21
- Joined: 22 Sep 2012, 11:03
- Gender: Male
Re: who will be the biggest losers from privatisation?
Nope us angard workers will be worse off they will terminate our contracts n pay minimum wage
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DOM
- Posts: 140
- Joined: 20 Jun 2007, 18:35
Re: who will be the biggest losers from privatisation?
I'm not saying this to wind anyone up as I'm not sold on the privatisation but could we all be winners?Edward Hunter wrote:Delivery posties, mail center workers, royal mail managers or full time release union officials? discuss
Fresh investment spent wisely and we all know that is needed.
Our new owners pushing for a fairer playing field with our competitors being measured on quality and fined if not meeting targets
The high interest loan from the government paid off
I'm just looking for positives when I know the negatives do look more likely
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mandelsons_toenail
- Posts: 1294
- Joined: 08 Aug 2009, 18:16
- Gender: Male
- Location: Outer Hebrides
Re: who will be the biggest losers from privatisation?
I guess if you call self employed posties on £7.10 an hour on zero hour contract with f**k all terms and conditions a winner then you sir are correct
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UnhappyGremlin
- Posts: 2685
- Joined: 18 May 2012, 20:49
- Gender: Male
- Location: Hiding
Re: who will be the biggest losers from privatisation?
No.DOM wrote:I'm not saying this to wind anyone up as I'm not sold on the privatisation but could we all be winners?
In the course of the first decade, prices will rise, jobs will go, pay will be cut, pensions obliterated, service destroyed, T&C's smashed, and working conditions will become so horrific it will make our current working lives seem like a dream job.
The only winners will be the shareholders, and senior management who will get huge bonuses, possibly as shares as it is tax efficient, who will get a fortune in dividends, which I think would be increased from the start by the removal of the extra £300m a year or so that RM currently pay on top of the normal contributions to the pension pot, that RM is planning to cut at the first opportunity, thus making an extra £300m profit at the earliest opportunity available.
It's all about profits, and they will increase at any cost. Mainly ours. The remainder will be borne by the public.
Sometimes, I wish I wasn't a Rep.
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mandelsons_toenail
- Posts: 1294
- Joined: 08 Aug 2009, 18:16
- Gender: Male
- Location: Outer Hebrides
Re: who will be the biggest losers from privatisation?
So apart from that then, we are all winners?UnhappyGremlin wrote:No.DOM wrote:I'm not saying this to wind anyone up as I'm not sold on the privatisation but could we all be winners?
In the course of the first decade, prices will rise, jobs will go, pay will be cut, pensions obliterated, service destroyed, T&C's smashed, and working conditions will become so horrific it will make our current working lives seem like a dream job.
The only winners will be the shareholders, and senior management who will get huge bonuses, possibly as shares as it is tax efficient, who will get a fortune in dividends, which I think would be increased from the start by the removal of the extra £300m a year or so that RM currently pay on top of the normal contributions to the pension pot, that RM is planning to cut at the first opportunity, thus making an extra £300m profit at the earliest opportunity available.
It's all about profits, and they will increase at any cost. Mainly ours. The remainder will be borne by the public.
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fishtank
- Posts: 19732
- Joined: 28 Sep 2007, 17:22
- Gender: Male
Re: who will be the biggest losers from privatisation?
Where will that investment come from?DOM wrote:Fresh investment spent wisely and we all know that is needed.
If we are floated on the LSE we won't have direct owners as such,we may have major shareholders who may demand a seat on the board but that could be very fluid and may actually be a destabilising influence.Our new owners pushing for a fairer playing field with our competitors being measured on quality and fined if not meeting targets
As far as I'm aware the plan is to substitute that loan with a commercial loan in order to pay back the Government,that may save us a bit in interest but it's unlikely to be lifechanging to the business.The high interest loan from the government paid off
good times, bad times you know I've had my share
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Minischoles
- ROYAL MAIL CUSTOMER SERVICE
- Posts: 154
- Joined: 02 Jun 2012, 05:53
- Gender: Male
Re: who will be the biggest losers from privatisation?
I doubt they'll touch Angard workers - why would they get rid of a workforce they can mess around with at will, pay less have less protections and conditions and can all be forced onto zero hour contracts or to take contracts where they sell their rights off for shares.kingmalik wrote:Nope us angard workers will be worse off they will terminate our contracts n pay minimum wage