Outcome of ballot for industrial action

[postareale]

https://www.londonstockexchange.com/exc ... 65708.html

Outcome of ballot for industrial action

Royal Mail (RMG.L) today received notification from CWU of the results of its Royal Mail member ballot for industrial action.

Royal Mail is disappointed CWU members have voted (94.5 per cent) in favour of industrial action. Based on what CWU said this afternoon, we note that with a 63.4 per cent turnout - and taking into account frontline employees who are not union members (around 12,281) - 53.9 per cent have backed industrial action.

In a ballot for CWU members in Parcelforce Worldwide in relation to the point of principle dispute, CWU has reported that the ballot turnout did not meet the 50 per cent legal threshold. In a separate ballot for CWU members in Parcelforce Worldwide in relation to TUPE separation, 95.4 per cent voted in favour of industrial action. Based on what CWU said, with a 51.2 per cent turnout - and taking into account around 1,409 frontline employees who are not union members - 37.1 per cent have backed industrial action.

In February, we offered a six per cent, three-year pay proposal for our CWU-grade people at Royal Mail. This means an increase, including the first hour of the shorter working week, of over 16 per cent between 1 April 2018 and 31 March 2023. We can only afford to do this if we deliver the Plan announced to our stakeholders last year.

Shane O'Riordain, Managing Director of Regulation, Corporate Affairs and Marketing, Royal Mail, said: We welcome and appreciate CWU's statement this afternoon that now is not the time to take industrial action. We contacted CWU last week to work together to protect our people, our country and our company. We are talking to them about how we can do that together.

The postal service is a key part of the UK's infrastructure at this time. We are delivering, as usual, to communities across the country. The delivery of parcels and letters is a key way of keeping the country together and helping many people who may not have the option to leave their homes.

As the coronavirus crisis has developed, we have worked with CWU to formulate and implement the appropriate sick pay and absence policy for our colleagues. We jointly agreed the policy and communicated it to our colleagues last week. Colleagues, including those with less than one year's service, will receive full pay in relation to any coronavirus illness or self-isolation. We have made adjustments to our parcel handling procedures to protect our colleagues and our customers.

We are ready to discuss CWU's proposals for future strategic business opportunities. Our negotiating team is ready to continue the dialogue to agree a framework to try to find a resolution to the current dispute. We are meeting soon. We want to reach agreement.

[Yamr1]

Hope tomorrow rmg get a grip and work with the cwu to build this great British company up where it belongs In the FTSE 100

[scoobydo79]

Lol Rico will play TP like a trout again

[Dorset Plodder]

Let The Spin Begin!

Don't you just love it when they all start throwing Percentages about .... Wouldn't surprise me if RM go to the courts to try and stop the IA because we perform such an important role in this current crisis.

We're that crucial that RM think they can take the piss and renege on previous agreements.

[Celgar]

No one discusses the true percentages when it's a General Election and one political party becomes the government on maybe as little as 25% of the vote.

[renrag40]

Hope tomorrow rmg get a grip and work with the cwu to build this great British company up where it belongs In the FTSE 100

Don't forget to put your teeth under your pillow for the tooth fairy as well.

[PostmanBitesDog]

If we all think we're facing tough times here, spare a thought for our cousins across the puddle. It looks as if they're facing a greater uncertainty.

Yahoo! Finance (April 1, 2020): How Coronavirus Could Be The ‘Final Straw’ For The U.S Postal Service

The U.S. Postal Service has been in trouble for some time. Now, the coronavirus crisis has come along and made everything much worse.
[...] Mail volume (and the accompanying revenue) could be down 50% this year, according to some estimates. The already teetering Postal Service could run out of money soon. That fear, combined with widespread concerns about letter carriers exposed to the virus, has put some lawmakers into a fatalistic mindset.
[...] [House Rep. Gerry Connolly (D-Va.)] says that some of the conditions on the $10 billion [allocated to the USPS from the $2 trillion Cares Act stimulus package]... was “an unacceptable condition for everybody,” and he still sees the USPS going out of business within months if nothing is done.