In a very short note, Royal Mail announced that they have concluded talks with the CWU union and that a Royal Mail CWU agreement has been agreed in principle by the negotiators.
The Royal Mail CWU Agreement covers strategy and the future direction of Royal Mail, how the national postal service operations will have to change as letters continue to decline and parcels take over as the primary source of revenue and of course pay for the countries Posties who have been working incredibly hard over the past nine months.
The exact details of the Royal Mail CWU agreement won’t be made public until after being rubber stamped by the CWU executive.
It’s worth remembering back in March, just as the pandemic hit, Postal Workers who are CWU members delivered a massive 94.5% YES vote to strike. The vote return of 63.4% of those balloted, for the third time in less than three years, easily met the relatively new Trade Union rules and represents a massive mandate to strike. However, recognising the enormity of the pandemic challenge the country faced, the CWU offered to set aside any threat of strikes with a stand still pledge and since then the agreement has been struck.
The removes any imminent threat of industrial action impacting the postal service and should be news welcomed equally by consumers, businesses, postal workers and the Royal Mail and CWU themselves.
“Royal Mail plc (RMG.L) announces that, following the conclusion of talks, it has reached a negotiators’ agreement in principle with the Communication Workers Union (CWU) covering areas including the strategy and future direction of Royal Mail, operational change, and pay.
The proposed agreement will now be considered by the executive of the union before being voted on by the union’s membership.
An announcement on the content of the proposed agreement will be made when it is ratified by the union’s executive committee. It is expected this will take place next week.”
– Royal Mail