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£100 at the end of the month inplace of shares? Facts?

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
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POSTMAN
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Re: £100 at the end of the month inplace of shares? Facts?

Post by POSTMAN »

http://www.royalmailchat.co.uk/communit ... 15&t=45617" 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.
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The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
philsdeals19
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Re: £100 at the end of the month inplace of shares? Facts?

Post by philsdeals19 »

Yes that is correct.We were told £100 next week and xmas bonus willl now be £200.
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Re: £100 at the end of the month inplace of shares? Facts?

Post by TrueBlueTerrier »

philsdeals19 wrote:xmas bonus willl now be £200.
from 2013 not this year
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P13
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Re: £100 at the end of the month inplace of shares? Facts?

Post by P13 »

Jimmy Carr`s laugh wrote:Hi guys,

We got told today that we are getting £100 bonus at the end of this month, as some kind of payoff to do with the share fiasco, and theres more £100 payments in the pipeline. Our lino didnt know much else and our doms clueless though.

Can anyone confirm if there is a date for this £100, is it guaranteed, and will there be future payments?

The reason I ask is that we`ve been shafted by being told were getting cash a good few times now over the last 3-4 years, and we havent had a penny. Only 3 weeks ago they told us we`d get the final £200 of our £1000 for the revision, the 1st payday in June, only for them to then say 3 weeks later, that actually they were wrong, and we now have to have a review at the 12 weeks stage (its been 5 months since it all came in!!), before they can sign off the last £200.

Cheers guys,

Jimmy
Hope you are going to pay your tax on the £100 and not stash it in an offshore account :Very Happy
TrueBlueTerrier
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Re: £100 at the end of the month inplace of shares? Facts?

Post by TrueBlueTerrier »

:chuckle :chuckle :chuckle :chuckle :chuckle :chuckle :chuckle
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banner18
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Re: £100 at the end of the month inplace of shares? Facts?

Post by banner18 »

Why don't we ask RM to put all our 100 pounds together, stash it offshore and pay 1 per cent tax, then give us 99 quid each? What a big joke the system is, and the jokes on us lol :nana
billyboy123
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WOWWWWWW £100

Post by billyboy123 »

WOW a £100 payment for us lucky posties my arse what about the people who have had redundancies and got their rightfull £1400 the way i see it if we are lucky enough to live another 14 years by then we should of also had £1400 but if we had been given it when it was due and put it away in high interst account we would be a lot better off been f****d again me thinks
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Re: £100 at the end of the month inplace of shares? Facts?

Post by chunk »

The way i understand it :hmmmm the extra Christmas £100 has performance strings attached to it !
So it not guaranteed !
and i would not treat it as anything other than a red herring at this point.
they will maintain those performance strings.
14 years times impossible to meet targets wont get us our £1400.
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Re: £100 at the end of the month inplace of shares? Facts?

Post by TrueBlueTerrier »

Jimmy Carr`s laugh wrote:So is it deffo then , £100 paid next Friday 29th June ??
No - nothing official announced yet - officially its all still rumors.
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haddie
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Re: £100 at the end of the month inplace of shares? Facts?

Post by haddie »

its a fact just read the LTB
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Re: £100 at the end of the month inplace of shares? Facts?

Post by TrueBlueTerrier »

haddie wrote:its a fact just read the LTB
Good news - still not got the LTB yet but will post when I do
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POSTMAN
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Re: £100 at the end of the month inplace of shares? Facts?

Post by POSTMAN »

They just don't make it plain and simple do they...
CWU members working for Royal Mail Letters will receive an extra £100 in their June pay packets as a result of an agreement reached between the union and the company
http://www.cwu.org/news/archive/colleag ... mbers.html" 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.
fishtank
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Re: £100 at the end of the month inplace of shares? Facts?

Post by fishtank »

http://www.royalmailchat.co.uk/communit ... =0#p495985" onclick="window.open(this.href);return false;
· In June 2012, each Royal Mail Group employee will receive the initial lead in £100 bonus payment (pro rata part time). This is also linked to current business performance.
good times, bad times you know I've had my share
dolphlundgren73
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Re: £100 at the end of the month inplace of shares? Facts?

Post by dolphlundgren73 »

philsdeals19 wrote:Yes that is correct.We were told £100 next week and xmas bonus willl now be £200.

We dont get £200 this years xmas. Its 2013 onwards.
dolphlundgren73
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Re: £100 at the end of the month inplace of shares? Facts?

Post by dolphlundgren73 »

Just food for thought. This naff deal was best we were going to get out of a rip off scheme by the government, but if we are sold off privately then the agreement to pay us this "bonus" could simply be ripped up and will be!!!!!!!!!!.
Remember all who left prior to Dec 2011 got paid full shares payout.We were told we could sell back half in 2011 but this got BLOCKED!
Its been a con from the start and our CWU told us that. What do you expect of our dodgy government? Honour?