This website uses cookies to ensure you have the best experience. Learn more

Us Postal Service Review

586 words - 3 pages

The Post Office Department officially became the United States Postal Service on July 1, 1971. At that time it became an independent establishment of the executive branch of the government of the United States rather than a part of the cabinet. It began operating more like a corporation, but with the benefit of the official mail monopoly that was established under the Private Express Statutes in 1792. Package delivery and express services do not fall under this law, making it possible for other companies to offer those services.
The United States Postal Service is an independent establishment of the Executive Branch of the Government of the United States and operates in a business-like way. Its mission statement can be found in Section 101(a) of Title 39 of the U.S. Code, also known as the Postal Reorganization Act:
The Postal Service shall have as its basic function the obligation to provide postal services to bind ...view middle of the document...

• 2010 Operating revenue of $67.1 billion in 2010 (declined $1 billion from 2009, primarily due to lower volume);
• Operating expenses for 2010 of approximately $70 billion (excluding a $5.5 billion expense for pre-funding Retiree Health Benefits
• Net loss of $8.5 billion in 2010, as a result of the revenue decline and additional expenses in 2010 associated with RHB pre-funding ($5.5 billion).
• Total mail volume of 170.6 billion pieces, compared to 176.7 billion pieces in 2009, a decline of 3.5 percent.

“Over the last two years, the Postal Service realized more than $9 billion in cost savings, primarily by eliminating about 105,000 full-time equivalent positions — more than any other organization, anywhere,” said Chief Financial Officer Joe Corbett. “We will continue our relentless efforts to innovate and improve efficiency. However, the need for changes to legislation, regulations and labor contracts has never been more obvious.”
Alone among federal agencies, the post office is required to pay about $5.5 billion annually into an account to fund future retiree medical benefits (Pre-funded retiree health benefits requirement). This is unlike any other government institution retirement program.
2010 saw the initial reporting on internal controls under section 404 of the Sarbanes-Oxley Act of 2002 (SOX). Meeting a legislative mandate of compliance by the end of 2010.
Issues are poor management and micro-managing. Promoting from within has a tendency to create poor managers.
Management levels at USPS:
Postmaster General
Deputy PMG
Area Manager
District Manager
Manager of Post Office Operations
Postmaster
Manager
Supervisor
T-6
Career Employees
Non-Career Employees


http://people.howstuffworks.com/usps9.htm
http://www.usps.com/communications/newsroom/2010/pr10_107.htm
http://labornotes.org/node/1947
http://www.msnbc.msn.com/id/41875688/ns/business-consumer_news/?GT1=43001
http://www.usps.com/financials/anrpt10/ar2010_finance_054.htm
http://www.usps.com/financials/anrpt10/ar2010_8.htm
http://www.postalreporternews.net/2009/10/21/postmasters-say-usps-management-styles/

Other Papers Like Us Postal Service Review

E-Commerce Essay

1337 words - 6 pages orders are unnecessary. Instead of these traditional methods of payment, digital money is easily and effortlessly zapped to and from accounts at PayPal, the most frequently used digital money transfer service online. Peter Thiel, a hedge fund manager, and Max Levchin, an online security specialist, founded what was to become PayPal-it was first named Field Link and then Confinity and finally, in 2001, PayPal. The company went online rather

Cost Account Essay

1231 words - 5 pages which change with the decision. Therefore, if savings in costs exceed the loss of revenue, we would want to discontinue the service. Let us examine the reduction in days of delivery from six to five days. In my opinion, the loss of revenue would be quite small. Most United States commercial business customers work from Monday to Friday and so eliminating Saturday delivery would not make much of a difference because most of these businesses are

Mr Pablo

1764 words - 8 pages Title A basic review of the Accounts Office of a particular business. Aims 1.To find out how the Accounts Office operates. 2.To find out the documents used in the Accounts office 3. 4. Functions Accounting departments typically handle a variety of important tasks. Such tasks often include : 1. Invoicing customers, accounts receivable monitoring and collections, account reconciliations, payables processing, consolidation of

White Collar Crime Theories, Laws, And Process

1628 words - 7 pages for prosecutions. There are several other government agencies that are involved in regulating and policing white collar crime such as: 1. the attachment of the Inspector General to a variety of government departments and agencies. 2. The U.S. Postal Inspection Service. 3. The U.S. Secret Service. 4. US Customs Service. 5. The US Marshals Service. 6. The Internal Revenue Service’s Criminal Division. These are some of the main regulators and

E-Recruitment

4016 words - 17 pages Trends and Challenges in Personnel Selection’, Personnel Review, 31:5, 580-601. McDougall, B. (2002) ‘Cyber-Recruitment: The Rise of the E-Labour Market and Its Implications for the Federal Public Service’, [online] (cited 25 May 2006) Available from http://www.rma-agrh.gc.ca/research/labour-market/e-recruitment_e.pdf Mitchell, B. (1998) ‘Shortcomings of the Internet’, HR Focus, 75, S4. Verhoeven & Williams Mohamed, A.A., Orife, J.N., and Wibowo

Classrom As A Democracy

1801 words - 8 pages /federal govt has responsibility for foreign affairs, citizenship matters, currency and coinage, railways, postal service, telecom, copyright. Share power over civil and criminal laws and regulation of the economy with Lander. In the West, the Federal President is a figurehead with few political, but many symbolic duties – official greeter of ambassadors and promoter of goodwill – NOT a working executive. That role belongs to the Chancellor (Prime

Erp Training

1865 words - 8 pages , 2015). Looking closely at the methodology, students of the ERP training are the respondents. The authors sent a postal questionnaire to students via guidance teacher then returned via home delivery service. It took three weeks to get all data. This chosen technique, however, has pros and cons. Pros since it is economical, quick distribution, no questioner bias (the respondents answered out of free will and understanding) and great for dealing with

Jhkjgkws

3344 words - 14 pages Service on merit with the objective of achieving equality between men and women in the recruitment. 5) It is directed that under Article 133 law or rules or executive orders having the force of Rules relating to posting, promotion, grant of leave, discipline (except suspension and removal), allowances, pension (as a matter of right, not favour) and other terms and conditions of service, consistent with Article 116 and 116A, as interpreted by us, be

Cloud Computing

3310 words - 14 pages signed contract with each of the service providers. The contract will detail precisely the pricing structure as each provider will differ among their services. The contract will also contain the service legal agreement between us and each vendor. We will review industry standards for such best practices regarding the SLA that should be mentioned in this document. When choosing the type of cloud we have three options; public, private or hybrid. Our

Intro To Audit

1285 words - 6 pages reporting, review of historical financial statements, and other attestation services. An audit of historical financial statements is a form of attestation service we provide in which we issue a written report expressing our opinion about whether the financial statements are fairly stated in accordance with GAAP or not. This type of audit is the predominant form of assurance performed by our CPAs (Arens, Elder & Beasley, 2006). Our CPAs also

Six Sigma

1633 words - 7 pages those companies are working at 99 percent quality level. Consider the following facts which show that performing at 99% quality level is not good enough. If an airline industry performs at 99% percent quality, it means that at major airports there would be two planes that would be landed unsafely in a day. If the Postal Service Department is working at 99 percent quality level 16,000 pieces of mails would be lost every hour

Related Essays

Beats Essay

1125 words - 5 pages Air Force Base [United States Military Postal Logistic Service Clerk] [2008-2009] [40hrs/weekly] Served as Military Postal Logistic Technician in command, organizing, personnel, and facilities established to provide, through military post offices, a means for the transmission of mail to and from the Department of Defense with members of the US Armed Forces, and other

Summary Of Learning Essay

888 words - 4 pages through go cards and gift cards to create convenience. Finally, they have even continued to create collectible stamps, like the US Postal Service, to even appeal to collectors. Australia Post has expanded past their service based promotion to bring in new customers and market themselves in a different and creative way. Another example of a company that uses promotion is Westfield. Westfield creates high end shopping centers in different countries all

Tim Hortons Financial Analysis

1228 words - 5 pages continuous years of service; • postal manager or permanent employee of the Australian Postal Commission with 5 or more continuous years of service; • police officer; or • public servant with 5 or more continuous years of service. A full list of prescribed persons can be found in the Statutory Declarations Regulations 1993, which is available through the Attorney-General’s Department website www.ag.gov.au/agd/WWW/agdhome.nsf/Page/Portfolio A

Society And Technology Essay

2372 words - 10 pages interested was the postal telegraph system. They entered the field for economic reasons and eventually merged with western union in 1943 (Simone Müller, 2010). The use of telegraph was quickly accepted by people who were eager for a faster and easier way of sending and receiving information. It did not only stay in the United States it went global. In Simone Muller’s The Transatlantic telegraph and the class of 1866 article the first permanent