This seems to be what the government tells people, ive not seen anything suggest its actually true. Its more likely the government printing endless sums of new money has driven the cost of living up. prices have gone up, but wages havent for example. So how does that work?
pay has to keep up with the money printing or you’re literally taking pay decreases as the government continues to print money.
If you’re in the royal mail maybe you need to be planning your exit, but at the same time, to sit there and do nothing while you watch yourself take pay cut after pay cut is moronic. And the same is true for any job.
Just as energy is a factor in pricing for the next year of companies products or services wages will also do this. It 100% will increase inflation to an extent as any increase in cost gets put on the end product which in turn adds to inflation.
As mentioned, that doesn’t mean pay rises shouldn’t happen just that some are asking for far too much and only likely to end badly.
The last place I worked after having to give pay rises for a well paying company decided to invest several millions on new machinery that then removed 12 jobs on all 4 shifts. I know the company are now looking at adding new machinery as wages are getting too much. Also, it is down tot them struggling to find the skills TBF.
If you do your job adequately, and you don’t get a pay raise at least matching inflation. The question is, you either didn’t do your job adequately, your job is not as valuable as it was last year e.g. your work just isnt worth much, or they know they can take advantage of you so are.
Why, if your a cleaner for example, are you worth less this year compared to last? How come the prices of everything else can rise, but when it comes to workers, we’re worth nothing? or we should just be thankful we have a job at all?
If royal mail workers are going to be replaced by machines, fine. But that doesn’t actually change anything now. If costs are going up, why aren’t workers getting paid more? To the company they are a cost, and the company said costs are going up… and to the worker inflation is a real term pay decrease indicating either they didn’t do a good job, or they’re somehow not valuable. In either case you have two options, demand a rase, or leave.
Whether the replace everyone with machines and we end up with 50k workers is again a government problem they continue to ignore.
Don’t disagree with your thoughts at all but this years inflation is mainly driven by fuel and the war. If the war ends and the costs plummet for fuel would companies then be OK to reduce wages to match?
I doon’t know the answer or trust the government to do the right thing but I also don’t trust the unions either.
It is like the crazy people saying to tax BP etc on profits made outside the UK like it is possible, sounds good but not realistic. I fear the only option is some kind of scheme like the covid one for the period until energy stabilises.
When the war ends and fuel costs reduce, inflation wont go negative strong enough and for long enough to counter the increased costs. So wages will have not risen, while everything around us has risen significantly YoY.
So you could reduce wages, if we eve had negative inflation to justify it. But then your same argument could be made about the increase in costs in the first place.
So if the Royal Mail were to cease hypothetically speaking, what would happen to letters?
Honest question
I’m due my renewed Romanian passport via the post and I shall also need to renew both by British passport and UK drivers license in the next year also. Both will require the mail.
Also what about credit cards, debit cards,Tesco clubcard and the like.
I do appreciate letters are becoming less of a thing, but what happens when you need them.
Just want to say, postal workers are not being demanding or wanting silly wage rises.
They didnt get any increase during the pandemic… Simon got a fat bonus & share holders got a special dividend.
Postal workers got an enforced 2% rise… Which isnt good enough … Press reports of 5.5%… turned down… The 5.5% was if we work later (in the heat & in winter when its dark) plus no sick pay & taking away leaflet (junk mail) supplement… Which actually meant a pay cut.
If they had offered 5.5% straight up or even 5% or 4% or probably 3.5% it would have been taken with no issue.
Its not as unskilled as you may think
The whole ‘we are losing 1 million a day’ from Simon is because he is basing the earnings from the pandemic . He wont ever have the same turnover …like many companies.
RM is a dinosaur. I know I worked there. The union reps telling you to take your sick days. If you don’t you get bullied. As for passports etc most of them come via courier anyway. I worked with posties who had a second job during the time RM was paying them. Sadly the top people get too much and the workers don’t want to work. Most of the first line managers are poor as well. It really is a company in trouble. Parcels are its only hope but not without massive modernisation in its labour. I fear it will go the same way as the mining industry in this country. I still hold my shares in RM as I don’t hate it. It is more like staying in a struggling relationship you stay even though you know at heart you should get out.
Ouch at workers who dont want to work… Every job, top, middle or bottom you’ll always get lamers taking the piss… Dont tar eveyone with the same brush…
I agree RM need to make changes, thats what revisions are for. … (Revision is when they put more deliveries on your duty) I’m spare & know all the walks in my office. I often come back at 11am & do another 1/2 round in my time.
So an extra friday on the bank holiday weekend, wonder how many will be sick on the 30th? Many of us want a raise in pay, but pissing customers off isn’t the way for the mail, the railways and others to go about it
The idea that wage increases fuel inflation has been largely discredited by many economists including those on the conservative side eg
Or if you prefer from a more centre-left perspective:
Even in the 70s there were significant global events affecting oil prices that fuelled inflation in the UK.
As Eden says, if wages don’t increase with inflation then people are getting a pay cut.
The Guardian article doesn’t actually agree if you read the last few paragraphs though. As with many of their articles the headline and first half say one thing then the last bit says the opposite.
There isn’t an easy answer but the solution any government make will be wrong to many but the latest idea of doctors prescribing cash is probably the most stupid solution a human could possibly think of.
UBI is what I think is the best way forward that includes the very basic levels of living. It wont happen as it would need a brave government to commit to it.
As others has mentioned : post is essential but dying…
so lets asuming its now 3 days over the weekend… does it matter? - if you still doing bills by post then youve got 2 or 3 weeks to pay that… so no loss there…
a replacement card in the post? chances are you set that account up on googlyeyed pay so its active already.
oh. so its your adverts your missing? meh, just go onto the internet without a DNS or browser blocker and you’ll get plenty that way.
