ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

Colleague Share things...

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
TeeferTiger
EX ROYAL MAIL
Posts: 2783
Joined: 22 Dec 2008, 13:56
Gender: Female
Location: Welsh Wales

Colleague Share things...

Post by TeeferTiger »

Ello

When we had shares issued to us (I got the second lot onwards) I'm sure there was a date when they matured and we could cash em in.

Does anyone know if a)I remember correctly and b)when we can cash em in?
Does this rag smell of chloroform to you?
Dogs of War
Posts: 474
Joined: 06 Nov 2009, 21:00
Gender: Female

Re: Colleague Share things...

Post by Dogs of War »

There not worth the paper there written on.
DGP1
Posts: 15551
Joined: 07 Jun 2007, 20:39
Gender: Male
Location: Terminus

Re: Colleague Share things...

Post by DGP1 »

You've already been paid, it was the £400 you got last week.
I'm preparing myself for the zombie invasion, rule number 1 - Cardio
TeeferTiger
EX ROYAL MAIL
Posts: 2783
Joined: 22 Dec 2008, 13:56
Gender: Female
Location: Welsh Wales

Re: Colleague Share things...

Post by TeeferTiger »

DGP1 wrote:You've already been paid, it was the £400 you got last week.
Was it?!

Balls. lol
Does this rag smell of chloroform to you?
Dogs of War
Posts: 474
Joined: 06 Nov 2009, 21:00
Gender: Female

Re: Colleague Share things...

Post by Dogs of War »

That 400 pound was to accept the agreement nothing to do with shares.
Straight4ward
EX ROYAL MAIL
Posts: 1621
Joined: 25 Oct 2009, 14:32
Gender: Male

Re: Colleague Share things...

Post by Straight4ward »

I believe that we will be able to cash in (if they are worth anything) on some of them next year and the balance the following year.

Quite when I'm not sure but I imagine it would after the end of the tax year and a filing of our accounts. Around June, perhaps?

The £400 lump sum just received was I think originally destined to be issued as further shares this year.
"Never take life seriously. Nobody gets out alive anyway."
smileski
Posts: 185
Joined: 16 Aug 2007, 17:38

Re: Colleague Share things...

Post by smileski »

Dogs of War wrote:That 400 pound was to accept the agreement nothing to do with shares.
:cry :cry :cry :cry

err, yes it was me old mate.

The £400 lump sum simply replaced our first colleague share payment, it was our our money anyway!!!!!

Share payments 2 and 3 still due next year and 2012.

I take it you were a yes voter :cry :cry
TeeferTiger
EX ROYAL MAIL
Posts: 2783
Joined: 22 Dec 2008, 13:56
Gender: Female
Location: Welsh Wales

Re: Colleague Share things...

Post by TeeferTiger »

Confused....
Does this rag smell of chloroform to you?
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: Colleague Share things...

Post by fishtank »

Aprilaydee wrote:Confused....
YEAR 1 2010...£400 lump sum (previously final ColleagueShares dividend) paid to all employees upon ratification of agreement

YEAR 2 2011...ColleagueShares buy back 1 currently valued at £536 per employee

YEAR 3 2012...ColleagueShares buy back 2 currently valued at £536 per employee

And that is it. :neutral:
good times, bad times you know I've had my share
Dogs of War
Posts: 474
Joined: 06 Nov 2009, 21:00
Gender: Female

Re: Colleague Share things...

Post by Dogs of War »

I did not vote for a pay cut Mr.
TeeferTiger
EX ROYAL MAIL
Posts: 2783
Joined: 22 Dec 2008, 13:56
Gender: Female
Location: Welsh Wales

Re: Colleague Share things...

Post by TeeferTiger »

Well bugger.

I'm not hanging around for £500 lol
Does this rag smell of chloroform to you?
Mr Blonde
Posts: 337
Joined: 23 May 2007, 20:44

Re: Colleague Share things...

Post by Mr Blonde »

Word was going round our office that the £400 pay off was the colleague share too. I spent some of it on KY Jelly so that it doesn't hurt so much next time I get fuc........
TeeferTiger
EX ROYAL MAIL
Posts: 2783
Joined: 22 Dec 2008, 13:56
Gender: Female
Location: Welsh Wales

Re: Colleague Share things...

Post by TeeferTiger »

Germolene is an anaesthetic petroleum jelly based ointment... try that instead :wink:

I'm leaving anyway. I've decided. I've got to apologise to a manager (who has made lots of people in our office miserable with his B&H over the years) for calling him a naughty word which they reckon I could potentially lose my job for. So it's OK for them to talk to people the way they do and any complaints are glossed over and swept under the carpet, but the moment the camel's back breaks, the camel gets sacked.

Completely fed up.
Does this rag smell of chloroform to you?
motherhubbard
Posts: 1001
Joined: 08 Feb 2010, 17:13
Gender: Female
Location: in the cupboard

Re: Colleague Share things...

Post by motherhubbard »

Aprilaydee wrote:Germolene is an anaesthetic petroleum jelly based ointment... try that instead :wink:

I'm leaving anyway. I've decided. I've got to apologise to a manager (who has made lots of people in our office miserable with his B&H over the years) for calling him a naughty word which they reckon I could potentially lose my job for. So it's OK for them to talk to people the way they do and any complaints are glossed over and swept under the carpet, but the moment the camel's back breaks, the camel gets sacked.

Completely fed up.
Tell us the word Aprilaydee.
I love it when the moderator goes all green.
Never let the hand you hold, hold you down.
DGP1
Posts: 15551
Joined: 07 Jun 2007, 20:39
Gender: Male
Location: Terminus

Re: Colleague Share things...

Post by DGP1 »

motherhubbard wrote:
Aprilaydee wrote:Germolene is an anaesthetic petroleum jelly based ointment... try that instead :wink:

I'm leaving anyway. I've decided. I've got to apologise to a manager (who has made lots of people in our office miserable with his B&H over the years) for calling him a naughty word which they reckon I could potentially lose my job for. So it's OK for them to talk to people the way they do and any complaints are glossed over and swept under the carpet, but the moment the camel's back breaks, the camel gets sacked.

Completely fed up.
Tell us the word Aprilaydee.
I love it when the moderator goes all green.
WORKER :shock: :shock: :shock: :shock: :shock: :nervous
I'm preparing myself for the zombie invasion, rule number 1 - Cardio