Scrapping of colleague shares

[jaylime]

I spoke to a manager at our place today about non payment of d2d.He informed me that we would get it next week along with £400 due to the fact RM have scrapped the colleague shares so there paying out.Does anyone else know about this.

[Dogs of War]

Not a chance in hell that there going to give us another 400 pound. Wee Adam's away now he doesnt give a f**k he's got his golden hand shake. :cfo :cfo :cfo :cfo :cfo :cfo :cfo :cfo :cfo :cfo :cfo

[postmanplod]

We get payments (£536 F/t) next year and and in 2012 which is buy back as detailed in the Business transformation 2010 and beyond agreement page 62

[wiganpostie]

I spoke to a manager at our place today about non payment of d2d.He informed me that we would get it next week along with £400 due to the fact RM have scrapped the colleague shares so there paying out.Does anyone else know about this.

All has gone ominously quiet on the door-to-door front in our office - two weeks out of the last three I haven't had any to deliver, which leads me to believe that they are saving them up for the eight-contracts-a-week assault that's supposedly due to start in the Summer

[TeeferTiger]

We've had some the past few weeks? Might just be your area. We sometimes have half the office with D2Ds and some with none.

[al_the_abbot_postie]

Err excuse me, but since when was the colleague share scheme scrapped?
As far as i, and my colleagues locally, were aware we are still due to be able to sell the shares next year. have we missed something here?

[fishtank]

Err excuse me, but since when was the colleague share scheme scrapped?
As far as i, and my colleagues locally, were aware we are still due to be able to sell the shares next year. have we missed something here?

There will be two final buy backs of approx £500 in 2011 and 2012.

The rest of it is covered by the £400 you have just had which was the final dividend and the final allocation of shares by this.....

The final instalment of ColleagueShares will be replaced for employees covered by this agreement, by lump sum payments including additional monies bringing the total to £1000 (pro rata for part time employees). These will be known as Transformation Lump Sums and payment is linked directly to key transformation milestones.