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Share in success?

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
Bacardi
Posts: 16
Joined: 29 Jul 2009, 15:13
Gender: Male

Re: Share in success?

Post by Bacardi »

Share in success finished in 2006. The colleague shares were in three lumps 2007(400ish) 2008 (300ish) and should have been a further allocation (300ish) in August 2009. These last ones were never allocated. So it's a fair guess that this last allocation will be used to part finance any pay deal. Dividend payment should be £200 for natioal profits and the same for local profits(ie. RM Letters etc.) should be paid at end of May 2010. Or will this be used to part finance any pay deal???Hope this helps.
opgpat
Posts: 878
Joined: 08 Oct 2007, 21:56

Re: Share in success?

Post by opgpat »

The value of the collegue shares is ofcourse open to RM interpretation on the 'value of the company'. With a pension deficit running at around 7BILLION pounds and a payment into the fund of 850MILLION last year I think they could easily say the company is worthless and so pay us nothing for the shares. Or more likely charge us an admin fee if we send them back to them.
dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: Share in success?

Post by dvbuk55 »

headscrewedon wrote:
Lincox wrote:Sorry all. Mistook this for the colleague share plan. Havent a clue about share in success. Have never shared in any success in our area. :roll:
Our 'witty' DOM reckons our office should get a scheme called F_ck All For Failure.

So I cut off again today :wave
:chuckle :chuckle :chuckle :chuckle :chuckle
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: Share in success?

Post by k979aaa »

fishtank wrote:"Our 'witty' DOM reckons our office should get a scheme called F_ck All For Failure."


Well to be fair it's his office so if anybody is a failure........ :whistle
But is our service the guy should not have a job manager or not!.