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Leaving rm

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TheStrangler
Posts: 218
Joined: 27 Jun 2017, 10:41
Gender: Male

Leaving rm

Post by TheStrangler »

Planning on leaving rm soon after 25 years. Couple of questions..
1 how much notice do I have to give, I'm paid weekly.
2 do I have to sell my shares?
Thanks.
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dawsonmcc
Posts: 26
Joined: 25 Feb 2011, 15:53
Gender: Male

Leaving rm

Post by dawsonmcc »

Sell what shares you can and then give your dim written notice on saturday and say bye bye the following Saturday. Trust me best move you will ever make oh and if your still there when ballot comes out tick the yes box then leave. Good luck on your future pal
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TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72662
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Leaving rm

Post by TrueBlueTerrier »

TheStrangler wrote:Planning on leaving rm soon after 25 years. Couple of questions..
1 how much notice do I have to give, I'm paid weekly.
2 do I have to sell my shares?
Thanks.

1. 1 week,
2, No but you may need to pay tax on any that you haven't held for 5 years
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TheStrangler
Posts: 218
Joined: 27 Jun 2017, 10:41
Gender: Male

Leaving rm

Post by TheStrangler »

Thanks both of you. Yes I'll be here when the ballot happens and definite yes from me.
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k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Leaving rm

Post by k979aaa »

TheStrangler wrote:Planning on leaving rm soon after 25 years. Couple of questions..
1 how much notice do I have to give, I'm paid weekly.
2 do I have to sell my shares?
Thanks.
Delay till the 7th of October if you want 81 shares or you will lose them. One week should be good enough they will sell your shares that are in a sip the other shares are yours!
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norris9
Posts: 2681
Joined: 27 Feb 2019, 17:32
Gender: Female

Leaving rm

Post by norris9 »

dawsonmcc wrote:Sell what shares you can and then give your dim written notice on saturday and say bye bye the following Saturday. Trust me best move you will ever make oh and if your still there when ballot comes out tick the yes box then leave. Good luck on your future pal
So it's just a weeks notice at RM if paid weekly?
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k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Leaving rm

Post by k979aaa »

norris9 wrote:
dawsonmcc wrote:Sell what shares you can and then give your dim written notice on saturday and say bye bye the following Saturday. Trust me best move you will ever make oh and if your still there when ballot comes out tick the yes box then leave. Good luck on your future pal
So it's just a weeks notice at RM if paid weekly?
Read your contract normally a week depends on start date look at your contract of employment first.
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