From Colleague Shares
From group profits
For new pay deal
We normally get big bonus in May and when we might hear something about it.
moya said that to get the big price rise inWessex wrote:If they can afford to offer to subsidise stamps they can damn well pay you a bonus.
and pave the way for us to be sold as no buyer will have to take on the pension deficit.clashcityrocker wrote:Probably the first step towards any revaluation of the Colleaguesgares will be the announcement on whether or not the EU will permit the government to take on the pension deficit.
This would surely transform the companies financial situation.
According to Royal Mail new adjustments linked to the pensions provisions within the new Postal Services Act may yet improve the final valuation of ColleagueShare although it is unlikely that the "shares" will return to anywhere near their previous "value." These adjustments will now take place around May 2012

I hope that the union will make it clear to the media that this pay rise is part of a three year deal and when averaged out over the three years it is nowhere near "one of the highest percentage pay rises given in industry during this recession".dingo wrote:Clearly the attack will be that Royal Mail have been bailed out by both the EU and the Government and it's first action is to give one of the highest percentage pay rises given in industry during this recession.
I don’t think RM want to avoid the furore that will accompany the announcement. They want the public turned against us.fishtank wrote:Why doesn't Royal Mail announce the pay rise now before the announcement on state aid?
Surely if you wanted to avoid the attack that would be a sensible way of dampening at least some of the fire.
It's hardly a state secret anyway.
Unless of course the 3.5% is reliant on receiving state aid.