Royal Mail could offer share plan for staff

[Geezer]

http://www.employeebenefits.co.uk/item/9496/23/5/3

2009-09-25

The introduction of an employee share plan for Royal Mail is a realistic possibility, according to MPs speaking at the ifsProShare conference yesterday.

Greg Hands, shadow treasury spokesman for the Conservatives said introducing some form of all-employee share plan for workers at Royal Mail would be “actively examined” by the party.

Furthermore, Lord Newby, the Liberal Democrats Treasury spokesman in the Lords, stated that given the current status of workforce relations at Royal Mail, some form of employee share plan was “essential”.

Phil Hall, public affairs adviser to ifsProShare, said: “When the last attempt was made to introduce some form of share plan at Royal Mail there was considerable ignorance about what this actually meant, with some politicians believing an employee share plan amounted to back door privatisation. Obviously this was not the case at all.

"Implemented correctly, employee share ownership at Royal Mail could help improve productivity, improve workplace relations and provide a useful savings mechanism for many thousands of workers

[Wessex]

Let me guess every member of staff gets 2000 shares,Crozier and other very important people get slightly more perhaps a thousandfold, :cfo plus ludicrous bonuses for the implementation of scheme.Sounds remarkably fair to me,and I'm sure those beleaguered City boys will get their unfair share as well etc....

[BELIAL]

Go ask a BT employee about their shares Thursday you're a millionaire ,Friday you agree to a pay freeze,Monday you're on skid row with no pension either

[baldrick]

Go ask a BT employee about their shares Thursday you're a millionaire ,Friday you agree to a pay freeze,Monday you're on skid row with no pension either

Railtrack employees did well out of their shares too.