Tag: Republic of Ireland

Irish Minister Brennan warns An Post on payments

Minister for Social Affairs Seamus Brennan has said An Post will have to greatly improve its services if it is to keep its social welfare payments business. Mr Brennan said his department had “held off” on promoting electronic-transfer payments for social welfare recipients where they can have payments made directly to their bank account through the electronic transfer fund (ETF) system. He said that 31 per cent of social welfare recipients availed of this service, 11 per cent were paid via cheque and the remaining 58 per cent received their payments in cash through post offices. He had held meetings with An Post, along with Minister for Communications Noel Dempsey, during which he stressed that changes were needed.

Read More

Irish An Post seeks partner for new move to banking

An Post has written to 28 financial institutions in the first stage of a process which could see the post office network restructured as a fully-fledged bank by sometime next year.

The postal company is hoping to leverage off its network of 1500 post offices and its reputation as a safe and reputable company, in order to take a slice of the most profitable banking market in Europe.

An Post wrote to five indigenous and 23 foreign banks earlier this week asking them to submit initial proposals within 10 weeks. Based on these submissions, the list of possible partners will be reduced to less than 10. Detailed discussion will then take place with the short-listed banks and the final partner is expected to be chosen by the end of the year.

Read More

CCI queries Irish An Post over 12c price move

Businesses are digging in their heels against another expected rise in postage prices, saying it would be the death knell for An Post.

The Chambers of Commerce of Ireland (CCI) has urged the Communications Regulator to reject outright the current request by An Post to increase the price of a stamp from 48c to 60c.

It warned that businesses will turn to competitors when the sector opens up early next year if prices are hiked any further. “The company is undoubtedly under pressure,” said Sean Murphy, CCI Head of Research and Public Affairs.

“It is continuously failing to meet next day delivery targets set by the regulator; mail volumes are falling, previous price increases have failed to yield adequate revenue returns, and the European postal market liberalisation is well under way and due to intensify,” he said.

Read More

Irish postal unions reject offer to lift freeze on wage increase

An Post has agreed to lift a pay freeze and pay part of the national wage deal to its workers – but the four postal unions have rejected the proposed compromise. After 18 months of growing bitterness, union chiefs cannot persuade their members and post office pensioners to settle for a partial increase.
Both sides were at the Labour Relations Commission (LRC) yesterday to give their responses to a suggestion by two independent assessors that the company, which had pleaded inability to pay, increase wages by 5pc. The full Sustaining Progress pay deal is worth over 13pc cumulative and the 8.1pc balance would be subject to “cost off-setting measures”. As their report is not binding, the issue can now be referred on to the Labour Court. The assessors had recommended the 5pc payment but only back-dated to last January.

Read More

Irish post unions declare war on ‘doom and gloom’

The four An Post trade unions yesterday launched a nationwide campaign to outline their vision for a profitable future for the postal service. The ‘Vision for Growth’ blueprint was launched in Cork by the Communications Workers’ Union which publicly rejected what it slated as the “graveyard” scenario outlined by An Post management. CWU general secretary Steve Fitzpatrick said that the postal service has a bright future if specific commitments and changes are made. He warned that the trade unions were now “declaring war” on the doom-and-gloom outlook for the service by both An Post management and the Government.

Read More

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

How ready do you feel for the de minimis changes coming in July?

Thank you for voting
You have already voted on this poll!
Please select an option!




Post & Parcel Magazine


Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.

 

Pin It on Pinterest