Royal Mail PLC Royal Mail Welcomes CWU Ballot Result
RNS Number : 9168N
Royal Mail PLC
03 February 2021
Royal Mail plc
(Incorporated in England and Wales)
Company Number: 8680755
LSE Share Code: RMG
3 February 2021
Royal Mail welcomes CWU ballot result
Royal Mail (RMG.L) is pleased that members of the Communication
Workers Union (CWU) have voted overwhelmingly in favour of the
framework agreement on the strategy and future direction of Royal
Mail, operational change, pay and job security. 91.5% of eligible
CWU members voted in favour of the agreement.
On 22 December 2020 the Company announced details of the
framework agreement reached with the CWU. The agreement covers:
Focus on swifter change
The agreement will allow Royal Mail to make more frequent
revisions to the network and introduce the use of technology to
improve both customer service and efficiency. Deployment of
revisions and realignment activity is planned for all operational
areas by the end of October 2021, with annual revisions thereafter.
The introduction of technology will replace handwritten manual
sign--in / sign--out and provide more meaningful data to enable a
more efficient service to customers. There will also be a revised
and quicker dispute resolution process to enable agreement on
change to happen more quickly, and a process to trial and deploy
new ways of working and technology more swiftly.
Strategy and future direction of Royal Mail
A review of the operational network will conclude by April 2021
to support and build on proposals for the parcel network, maintain
an efficient letters operation and prioritise investment for
further expansion. This will include how we operate our new parcel
hubs and introduce dedicated van delivery duties for parcels, as
well as exploring the opportunity for more frequent deliveries
throughout the week.
Pay and job security
We are committed to remaining the best employer in our industry.
The agreement includes the following two year pay deal for CWU
-- 2.7% pay increase effective from April 2020; and
-- A further pay increase of 1% with effect from April 2021; and
-- The second hour of the shorter working week to be implemented
at the point that the 2021 programme of revision activity is
deployed in a function/unit and no later than the end of October
The union recommended that members vote in favour of the
agreement during the ballot.
We are now working with CWU to implement the changes we need, in
order to capitalise on the significant growth we have seen in
parcels so far this year.
Phone: 07483 390 957
Royal Mail investor relations line: 020 7449 8183
Phone: 07776 993 036
Phone: 07515 924 344
Royal Mail press office: firstname.lastname@example.org
Phone: 020 7449 8289
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(END) Dow Jones Newswires
February 03, 2021 10:33 ET (15:33 GMT)
Grafico Azioni Royal Mail (LSE:RMG)
Da Ago 2021 a Set 2021
Grafico Azioni Royal Mail (LSE:RMG)
Da Set 2020 a Set 2021