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Notice period

A forum for our Mail Centre, Processing and Distribution colleagues.
CalMC
Posts: 1
Joined: 16 Jun 2017, 23:02
Gender: Male

Notice period

Post by CalMC »

Does anyone know or have a copy of policy for notice period.
24 yrs service.
What happens to my shares including any shares that you purchase monthly via your salary I can't remember what the type of shares they are.

Cheers in advance
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72597
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Notice period

Post by TrueBlueTerrier »

Except for new starters, the notice period is 1 week.

Any shares that haven't matured you lose. The ones that have you can cash in or transfer them.

The SAYE see page 18 of https://www.myroyalmail.com/sites/defau ... aresave%20(GUIDE" onclick="window.open(this.href);return false;)%20AW%20LOW%20RES.pdf
IYou will lose the option to buy shares at the option price. However, you can either:
1. withdraw your savings immediately; or
2. carry on saving until the end of the savings term
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