The Cayman Islands Postal Service has announced that district post offices at Hell, Bodden Town, North Side and East End will no longer be open on Saturdays, as of Feb. 15.
Postmaster General Sheena Glasgow explained that it is not financially viable to keep those post offices open six days a week after a review showed that each makes less than 1 percent of its annual revenue on Saturdays.
The post offices in North Side and East End have already closed on Saturdays for periods varying from a few months to over a year, but those post offices, along with the post offices at West Bay’s Hell and in Bodden Town, will now be closed on Saturdays permanently, according to a statement from the Postal Service.
Post offices at Savannah, Airport, General, Seven Mile Beach and West Bay will remain open on Saturdays, as will the post offices on Little Cayman and Cayman Brac.
“This decision comes after the issue was raised by MLA for North Side Ezzard Miller in Finance Committee when the 2013/14 budget was being considered,” the statement read. “Mr. Miller recognized it as an ineffective operation of the Postal Service and subsequently a financial review was performed on Grand Cayman facilities to determine the revenue collected on a Saturday.
“The review found that for the last five years, CIPS collected less than 3 percent of its revenue on Saturdays. Even when value-added services such as utility bill payments were included, it was still less than 5 percent of revenue coming in on Saturdays.”
Ms. Glasgow said that it had become increasingly difficult to justify keeping the four post offices open on Saturdays.
“I would venture to say that few private sector companies, if any, would continue to stay open for Saturday business year after year while earning less than 1 percent of their annual revenue on that day,” she said. “As a compromise, this is why some of the larger postal facilities will remain operational on Saturdays.”
“This was a collaborative effort with North Side MLA Ezzard Miller. He raised the issue because he recognized that it is very costly for the Postal Service to conduct Saturday business. This is particularly true for the district postal facilities that have smaller business volumes,” she added.
She said that keeping district post offices open on Saturdays had also become challenging for management as postal staff has been reduced significantly since 2008 and staff have not been paid overtime for Saturday hours since Saturday hours resumed in 2008.