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Show me the money RM!!!

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
mclovin
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Joined: 11 Feb 2009, 18:39
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Show me the money RM!!!

Post by mclovin »

If the revisions are "suspended indefinitely", then wheres my £1000???

Thats moneys owed to us, its not our fault the powers that be didnt do their homework or listen to those with the knowledge.

And I also heard this the other day.

There were 300 vans waiting for P&L roll-out, 0 on the clock. When a senior manager was asked why they arent being used rather than hiring expensive vans over Xmas, his reply was "because if we use them now their value will drop significantly if revisions fail".

Food for thought.
arnold cheshire
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Re: Show me the money RM!!!

Post by arnold cheshire »

if theyve been registered the value will drop used or not :Applause
chrisj
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Re: Show me the money RM!!!

Post by chrisj »

Where are the bloody vans going to be packed anyway. I work in a delivery office in the middle of a town centre - staff struggle to park their cars as it is.

And ww are going to be allowed to take them home. My neighbourhood is not safe enough!
TrueBlueTerrier
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Re: Show me the money RM!!!

Post by TrueBlueTerrier »

bringon4dayweeks wrote:if theyve been registered the value will drop used or not :Applause
Well A PM I got from an anonymous source has confirmed they are.
Just reading the post on extra vans. These have been sitting, registered and taxed, ready for deployment. In fact the ones we had, the tax was over six months old, on receipt. So if you add up the cost of all these vans, then it comes out at a few wasted pounds.
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moyas slave
Posts: 133
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Re: Show me the money RM!!!

Post by moyas slave »

we have had the £1000 argument in our DO and the answer is...............................

its a 3 year plan 2010-2013.

so we will have it by 2013 ;liar
BELIAL
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Re: Show me the money RM!!!

Post by BELIAL »

No worries ,you can cash in the first half of your dipstick shares that RM said would be worth £5000 + this year :chuckle
Bye
donut
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Joined: 16 Sep 2007, 09:55

Re: Show me the money RM!!!

Post by donut »

BELIAL wrote:No worries ,you can cash in the first half of your dipstick shares that RM said would be worth £5000 + this year :chuckle
I`ve just been looking at my colleague share plan folder, it tells me that there is a "sell back opportunity" this year.
When would that be then ?
TrueBlueTerrier
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Re: Show me the money RM!!!

Post by TrueBlueTerrier »

donut wrote:
BELIAL wrote:No worries ,you can cash in the first half of your dipstick shares that RM said would be worth £5000 + this year :chuckle
I`ve just been looking at my colleague share plan folder, it tells me that there is a "sell back opportunity" this year.
When would that be then ?

May or June - at least that when we got the dividends in 2008/09
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donut
Posts: 351
Joined: 16 Sep 2007, 09:55

Re: Show me the money RM!!!

Post by donut »

TrueBlueTerrier wrote:
donut wrote:
BELIAL wrote:No worries ,you can cash in the first half of your dipstick shares that RM said would be worth £5000 + this year :chuckle
I`ve just been looking at my colleague share plan folder, it tells me that there is a "sell back opportunity" this year.
When would that be then ?

May or June - at least that when we got the dividends in 2008/09

Asked my rep about colleague share this morning and was told that we forfited the scheme when we voted on the 2010 and beyond aggrement ?
He did say that we would get some sort of payment in may/june to do with the share scheme and thinks it is around £500, a bit of a difference to the £5000 + we were told we could expect in 2011 ???
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POSTMAN
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Re: Show me the money RM!!!

Post by POSTMAN »

donut wrote:
TrueBlueTerrier wrote:
donut wrote:
BELIAL wrote:No worries ,you can cash in the first half of your dipstick shares that RM said would be worth £5000 + this year :chuckle
I`ve just been looking at my colleague share plan folder, it tells me that there is a "sell back opportunity" this year.
When would that be then ?

May or June - at least that when we got the dividends in 2008/09

Asked my rep about colleague share this morning and was told that we forfited the scheme when we voted on the 2010 and beyond aggrement ?
He did say that we would get some sort of payment in may/june to do with the share scheme and thinks it is around £500, a bit of a difference to the £5000 + we were told we could expect in 2011 ???
No payments as such,you have the chance this year to sell back half of them and next year the same.
I'm sure you can hold out this year and sell the full lot next year if you want.
Shares are still being valued...

http://www.royalmailchat.co.uk/communit ... =1&t=33311" onclick="window.open(this.href);return false;
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
Big Daz
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Re: Show me the money RM!!!

Post by Big Daz »

donut wrote:
TrueBlueTerrier wrote:
donut wrote:
BELIAL wrote:No worries ,you can cash in the first half of your dipstick shares that RM said would be worth £5000 + this year :chuckle
I`ve just been looking at my colleague share plan folder, it tells me that there is a "sell back opportunity" this year.
When would that be then ?

May or June - at least that when we got the dividends in 2008/09

Asked my rep about colleague share this morning and was told that we forfited the scheme when we voted on the 2010 and beyond aggrement ?
He did say that we would get some sort of payment in may/june to do with the share scheme and thinks it is around £500, a bit of a difference to the £5000 + we were told we could expect in 2011 ???

Scheme is alive and well, cant belive your rep dosent realise that. :hmmmm

BT2010 brought forward the annual £400 dividend and gave agreement to not proceed with issuing the third share allocation, but swap it for £1000 worth of lump sums linked to implementation of revisons.

Allocations 1 and 2 will STILL be purchased by RM half this year and half next year.

The £5000 figure was and allways has been the total amount of money paid out under the scheme NOT the final buy back value.
fishtank
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Re: Show me the money RM!!!

Post by fishtank »

POSTMAN wrote: I'm sure you can hold out this year and sell the full lot next year if you want.
Shares are still being valued...
I don't think it will work like that.
I think you will just get a payment some time this year and one next year...no choice.
The agreement says....
They will be bought back by the company in two equal parts in 2011 and 2012.
It's kind of like a compulsory purchase order... :neutral:
good times, bad times you know I've had my share
donut
Posts: 351
Joined: 16 Sep 2007, 09:55

Re: Show me the money RM!!!

Post by donut »

fishtank wrote:
POSTMAN wrote: I'm sure you can hold out this year and sell the full lot next year if you want.
Shares are still being valued...
I don't think it will work like that.
I think you will just get a payment some time this year and one next year...no choice.
The agreement says....
They will be bought back by the company in two equal parts in 2011 and 2012.
It's kind of like a compulsory purchase order... :neutral:

That`s sort of what my rep was saying.
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POSTMAN
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Re: Show me the money RM!!!

Post by POSTMAN »

fishtank wrote:
POSTMAN wrote: I'm sure you can hold out this year and sell the full lot next year if you want.
Shares are still being valued...
I don't think it will work like that.
I think you will just get a payment some time this year and one next year...no choice.
The agreement says....
They will be bought back by the company in two equal parts in 2011 and 2012.
It's kind of like a compulsory purchase order... :neutral:
Thought i'd seen it so i double checked...
POL004.gif
I'm holding on as some bloke called Gekko told me too. :whistle :nervous
Has it changed?
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I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: Show me the money RM!!!

Post by fishtank »

POSTMAN wrote: Has it changed?
I think so but i've been wrong before.
If i can be arsed i'll email Keith. :neutral:
good times, bad times you know I've had my share