Tag: Republic of Ireland

Shock figures reveal An Post will halt losses

An Post, Ireland’s deeply troubled postal service, is heading for a surprise break-even profit figure for this year. As the nation is threatened by a postal strike at its peak Christmas period, the news is bound to strengthen management’s hands during critical negotiations with the unions. This weekend, workers are balloting on industrial action. Sources at An Post have told the Sunday Independent that the shock turnaround from last year’s losses of 43m is due to once-off savings, unlikely to be repeated in 2005 unless the unions agree to a productivity deal.

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An Post to ballot on strike action

The Communications Workers Union (CWU) is to ballot An Post employees for industrial action as the row over pay and conditions continues. A double ballot will take place over the next two weeks, in a move which could lead to disruption of the postal service in the run-up to Christmas. An Post reacted angrily to the move last night, claiming it was disappointed and the ballots would only cause further delays. A spokesman also took serious issue with the “implied threat” to Christmas services. The CWU decided on the ballot following a meeting of its executive yesterday. One ballot is to ask members to consider a pay offer of 5.35 per cent over four years, which An Post made to collection and delivery staff in talks with the Labour Relations Commission last week. The second ballot is to seek a renewed mandate for industrial action, if it is deemed necessary to protect existing agreements.

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Irish postal workers must consider pay offer

The country’s 10,000 postal workers are to consider whether to accept a pay rise offer of 5.5% over four years. The proposal was made during talks with An Post management at the Labour Relations Commission. But the Communications Workers’ Union has said An Post’s plans for the future of collection and delivery services would have a devastating effect on the country’s postal system. National Officer Sean McDonagh has said they are also seeking a mandate for industrial action.

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An Post set to sell off firms for 30m

Loss-making An Post has decided to sell off two of its subsidiary companies which retail mobile phone top-ups, in a move which could raise up to 30m for the State-owned group. In recent days, Goodbody Stockbrokers has circulated potential buyers with an information memorandum on the sale of the two operations, the Irish Independent has learned. The two companies – PostTS UK, which is based in Crewe, Britain, and An Post Transaction Services SA, based in Madrid – are understood to be profitable and they employ a total of 100. The British company has made a gross turnover of GBP11m, according to its most recently-filed set of accounts. The UK operation has a network of terminals in 9,500 stores across Britain which allow consumers electronically top up the credit on their mobile phones. The Spanish operation, which has been longer established, has built up a network of over 11,200 terminals.

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Passing the reform parcel won’t deliver future for postal service

It sounds unbelievable but it’s true: Ireland’s system of collecting and delivering post has not changed in 250 years. While it has grown to cater for the population surge in Dublin in recent years, the fundamental structure of An Post’s operation has remained at a standstill. One thing which has not remained static is the company’s wage bill. It now stands at a staggering half a billion euro. And it’s rising. And that is the crux of the An Post problem. In a world where people send emails, use the internet and have developed new forms of communications, it has failed to change. And the symptoms of this malaise are clear.

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