LTB:RE: ROYAL MAIL GROUP ANNOUNCEMENT

[POSTMAN]

TO: ALL BRANCHES WITH POSTAL MEMBERS



Dear Colleague,


RE: ROYAL MAIL GROUP ANNOUNCEMENT


The Union has been told by Royal Mail that the company will be announcing to all employees this week that they are experiencing serious financial difficulties, that they are developing a new business plan and that the value of Colleagueshare is likely to plummet.


The company have explained that the reasons for this are as follows:


- A harsher fall in revenue, profit and volumes than was forecast in the original business plan agreed with Government
- Slower than anticipated progress on modernisation
- A new business plan, in the process of being agreed with Government, that downgrades the future expectations of the company


In response to these announcements the Union has told Royal Mail that we have major concerns about these developments. A letter has been posted to all members’ home addresses and an advanced copy of this is attached.


In the meantime it is important that all CWU Representatives convey the following key messages to our members.


- The Union does not accept that Colleagueshare could have plummeted from a valuation of around £1400 as late as last September – to virtually nothing.
- The company must find a way to honour the previous Colleagueshare commitments and maintain the cash benefits due to our members
- The Union has major concerns around the potential impact that a new business plan may have on all existing Agreements including job security, pay rises, lump sums and the shorter working week
- We are calling for urgent meetings with the company and Government to address these issues.


We will keep you informed of developments.


Yours sincerely





Dave Ward Billy Hayes
Deputy General Secretary (P) General Secretary

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[windermeredave]

oh goodie...are we going to asked to strike..stick it Billy!!!

[post_bitch]

they know the unions weak ^^^^^^^^

I just think the unions s**t

[Eleint]

So if you are not a member of the CWU then you get to listen to the managers, who have no idea what they are talking about. Or as I found out a write up in the local newspaper.

[dvbuk55]

So if you are not a member of the CWU then you get to listen to the managers, who have no idea what they are talking about. Or as I found out a write up in the local newspaper.

Not at all you tune in to the Sky blog and there it is in black and white and usually before the LTB.

[Swinder]

oh goodie...are we going to asked to strike..stick it Billy!!!

A lot of people will say that but I bet their actions will greatly differ.


I think a new series of strikes are inevitable but perhaps next time we should all sit down and read the proposed agreements rather than being sucked in by the promise of minimal wage increases.
We need to remember that the Union negotiate deals but ultimately we decide on whether we agree to the proposed deal, if not then the union are forced to go back in and earn their money!

[dvbuk55]

oh goodie...are we going to asked to strike..stick it Billy!!!

A lot of people will say that but I bet their actions will greatly differ.


I think a new series of strikes are inevitable but perhaps next time we should all sit down and read the proposed agreements rather than being sucked in by the promise of minimal wage increases.
We need to remember that the Union negotiate deals but ultimately we decide on whether we agree to the proposed deal, if not then the union are forced to go back in and earn their money!

Yes it would be preferable to sit down and read it.....given the chance, unfortunately what we were given was a precis of those points that looked to be beneficial and a diatribe on how good the deal was..................sooooooooooo it was hardly an informed vote.