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Service-oriented - Die Schweizerische Post

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tions expected of us as an employer to<br />

ensure the long-term pension fund benefits.<br />

Over 900 million francs were<br />

channelled into the Swiss <strong>Post</strong> pension<br />

fund between 2005 and 2007 as financing<br />

generally and specifically for the<br />

change from a defined benefit to a defined<br />

contribution scheme.<br />

The acquisition of the German-based GHP<br />

Group – as the biggest takeover Swiss<br />

<strong>Post</strong> has ever completed – contributed to<br />

our strategic development. GHP is a group<br />

of companies active in the fields of<br />

comprehensive dialogue marketing and<br />

customer management. By developing<br />

related services, Swiss <strong>Post</strong> aims to counter<br />

the declining letter and parcel volumes<br />

and to create synergies for its Swiss and<br />

international business.<br />

Swiss <strong>Post</strong> today and tomorrow<br />

eregulation of postal markets is proceeding<br />

apace worldwide. In Switzerland international<br />

logistics companies compete with<br />

Swiss <strong>Post</strong> in the area of parcels and letters<br />

weighing over 100 grams where the<br />

monopoly has been abolished over the<br />

last few years. Unlike Swiss <strong>Post</strong>, our competitors<br />

are not obliged to provide a costly<br />

nationwide basic service and, because<br />

they are not bound by the Public Officials<br />

Act, they can adapt their wage costs and<br />

employment conditions flexibly, in line<br />

with the respective segments and geographic<br />

regions. Swiss <strong>Post</strong> must use the<br />

time still remaining to prepare for the<br />

deregulated market and to become more<br />

competitive.<br />

On the technological front, e-substitution<br />

is developing. Physical letters are being<br />

replaced to an increasing extent by mod-<br />

ern electronic forms of communication<br />

such as e-mail and text messages (SMS).<br />

The letter volume declined by 1.8 percent<br />

over the past year. As the basic service is<br />

financed in part from revenue generated<br />

by the letters monopoly, this trend must<br />

be monitored very closely. Moreover,<br />

customers are using actual post offices<br />

less and less often, which is forcing us to<br />

adapt our post office network and also<br />

to ensure that we have sufficient access<br />

points.<br />

This is the backdrop against which the<br />

reform of postal legislation initiated by the<br />

Federal Council in May 2006, will be implemented<br />

( 7). For Swiss <strong>Post</strong> it is important<br />

to provide an up-to-date, high-quality<br />

basic service ( 6) in future too. The crucial<br />

aspect will be the scope it will take, as<br />

envisaged by politicians and inhabitants,<br />

and how it will be financed. If we want to<br />

retain a basic service on today’s scale, the<br />

residual monopoly is the most efficient<br />

financing option.<br />

However, should the postal market be<br />

completely deregulated, Swiss <strong>Post</strong> will<br />

campaign to ensure fair conditions for<br />

all market players. This means, above all,<br />

adapting the basic service mandate to a<br />

competitive level. To make Swiss <strong>Post</strong><br />

more competitive in those markets that<br />

have already been deregulated, it is calling<br />

for the abolition of the Public Officials Act<br />

and the need to have employees bound<br />

by the Swiss Code of Obligations and for<br />

a change in the legal status of Swiss <strong>Post</strong><br />

to bring it into line with the shift in conditions<br />

since the previous postal reform in<br />

1998. However, the employees should not<br />

be forced to bear the brunt of deregulation.<br />

Instead, Swiss <strong>Post</strong> advocates standardizing<br />

employment conditions throughout<br />

the entire industry. If <strong>Post</strong>Finance is<br />

to develop further and continue making a<br />

substantial contribution to Swiss <strong>Post</strong>’s<br />

results, it will need the possibility of engaging<br />

in the lending business.<br />

Annual Report Verantwor | Chairmtungsbewusst<br />

an’s foreword 7<br />

“ We will remain a progressive and<br />

socially responsible employer,<br />

even<br />

in the face of increasing competition.”<br />

Thanks<br />

On behalf of the Board of irectors and<br />

Executive Management I would like to<br />

thank all our customers for their loyalty.<br />

Particular thanks are due to our employees<br />

for their dedication and motivation.<br />

The results they produced on a daily basis<br />

are among the best at an international<br />

level, despite the difficult operating environment.<br />

I would especially like to thank Rocco Cattaneo,<br />

who is leaving the Board of irectors<br />

after eight years. Nicola Thibaudeau<br />

and Rolf Ritschard were elected as new<br />

members of the Board. We were deeply<br />

saddened to learn that Rolf Ritschard died<br />

unexpectedly at the beginning of 2007.<br />

Finally, I would also like to thank Karl<br />

Kern, who retired as the Head of the <strong>Post</strong><br />

Office Network and as Member of Executive<br />

Management at the end of 2006. The<br />

post office network was modernized<br />

under his leadership, between 2000 and<br />

2006. I would like to wish his successor<br />

Patrick Salamin every success.<br />

Read more online<br />

www.swisspost.ch/ar2006links<br />

6) The Federal Council’s strategic objectives for<br />

Swiss <strong>Post</strong> 2006–2009<br />

7) Swiss <strong>Post</strong> before reform of postal legislation

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