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Shares - what a joke

Postal workers discussion forum. Discuss the day to day life in a Blue Shirt.
tragictramp
Posts: 381
Joined: 19 Dec 2008, 18:02
Gender: Male

Shares - what a joke

Post by tragictramp »

Im obviously against privatisation but in reading the latest propaganda highlighting our shares which will be worth f'all, i came across the statements that if we choose to leave royal mail employment by choice or are sacked etc, then the shares which are supposedly given to us and thus ours, will be taken from us, so they are not our shares until 3 years after privatisation. How can something which is changing hands ie a gift, then be taken back?

Their may be some rules and regulations which covers this nationally regarding any company, but i think its totally pathetic, its like a bribe to stay with the company, say 2 years down the line i find a decent job rather than the shite i deal with now, i will have no choice but to give them up and have no choice in the matter.

Pathetic as usual.
:Boo hoo!
wacko74
EX ROYAL MAIL
Posts: 1572
Joined: 04 Apr 2009, 20:35
Gender: Male

Re: Shares - what a joke

Post by wacko74 »

It would be interesting to know if previous share issues (gas, bt rail etc) also had this caveat.. as you it is disgusting, but I wouldn't expect anything less from these scumbags.
cloherty1976
MAIL CENTRES/PROCESSING
Posts: 1236
Joined: 11 Mar 2010, 12:16
Gender: Male
Location: The south

Re: Shares - what a joke

Post by cloherty1976 »

I thought most people in the company won't have a job according to a lot of people on here so nothing to worry about.
viking1488
Posts: 446
Joined: 15 May 2009, 15:37
Gender: Male

Re: Shares - what a joke

Post by viking1488 »

would someone on here answer me this these shares given or not if there given to you free there yours are they not same as if you were to buy them or if they were given as a gift so how can they be took off you by rm if you leave or get sacked to me that makes them as much use as the last lot do they not because there plastic shares not real not yours biggest pile of pish ive ever heard bull s**t :hmmmm
paulsmd
Posts: 88
Joined: 12 Oct 2008, 09:04
Gender: Male

Re: Shares - what a joke

Post by paulsmd »

viking1488 wrote:would someone on here answer me this these shares given or not if there given to you free there yours are they not same as if you were to buy them or if they were given as a gift so how can they be took off you by rm if you leave or get sacked to me that makes them as much use as the last lot do they not because there plastic shares not real not yours biggest pile of pish ive ever heard bull s**t :hmmmm
If you don`t want them opt out its that easy.
cloherty1976
MAIL CENTRES/PROCESSING
Posts: 1236
Joined: 11 Mar 2010, 12:16
Gender: Male
Location: The south

Re: Shares - what a joke

Post by cloherty1976 »

I think your right Viking if you think your going to leave or get sacked they are useless..
viking1488
Posts: 446
Joined: 15 May 2009, 15:37
Gender: Male

Re: Shares - what a joke

Post by viking1488 »

cloherty1976 wrote:I think your right Viking if you think your going to leave or get sacked they are useless..
people like you are the reason we are in this f***ing mess
viking1488
Posts: 446
Joined: 15 May 2009, 15:37
Gender: Male

Re: Shares - what a joke

Post by viking1488 »

cloherty1976 wrote:I thought most people in the company won't have a job according to a lot of people on here so nothing to worry about.
:Very Happy
Last edited by viking1488 on 14 Sep 2013, 20:41, edited 1 time in total.
UnhappyGremlin
Posts: 2685
Joined: 18 May 2012, 20:49
Gender: Male
Location: Hiding

Re: Shares - what a joke

Post by UnhappyGremlin »

With all the caveats RM have put in, it makes me wonder if they are planning something to screw those that accept the shares, out of them?
Sometimes, I wish I wasn't a Rep.
viking1488
Posts: 446
Joined: 15 May 2009, 15:37
Gender: Male

Re: Shares - what a joke

Post by viking1488 »

UnhappyGremlin wrote:With all the caveats RM have put in, it makes me wonder if they are planning something to screw those that accept the shares, out of them?
do they really belong to us I cant understand how they are giving us free shares and if you leave or get sacked they can take them off you so that tells me they were never mine to begin with
UnhappyGremlin
Posts: 2685
Joined: 18 May 2012, 20:49
Gender: Male
Location: Hiding

Re: Shares - what a joke

Post by UnhappyGremlin »

viking1488 wrote:
UnhappyGremlin wrote:With all the caveats RM have put in, it makes me wonder if they are planning something to screw those that accept the shares, out of them?
do they really belong to us I cant understand how they are giving us free shares and if you leave or get sacked they can take them off you so that tells me they were never mine to begin with
I think they are held in trust for 3 years and then you can sell them. (Though you have to pay tax, after 5 you can sell them tax free).
I think they do belong to you, but should you quit/get sacked then you forfeit them. Don't think you'll ever hold them in your hand.
I think it's another way of RM securing our obedience, and another way to bully us into what they want.
They are free at the end of the day.
If you bought some extra, then RM couldn't touch those or force you to do anything with them.
Sometimes, I wish I wasn't a Rep.
cloherty1976
MAIL CENTRES/PROCESSING
Posts: 1236
Joined: 11 Mar 2010, 12:16
Gender: Male
Location: The south

Re: Shares - what a joke

Post by cloherty1976 »

Viking we are not in a mess we are still in the dark ages and this privatasation will take us forward. People just worry about change. Think of postman pat had a van and a cat in 1970s tv and it was not until he late 90s we had a golf trolley to pull the mail. Now we have a shiny van for the delivery staff..
apple
Posts: 496
Joined: 03 Dec 2007, 17:13
Gender: Male
Location: Pluto

Re: Shares - what a joke

Post by apple »

would be interesting to know if we get voting rights as with these shares, the posties holding 10% of the company could make a big difference, imagine the fun voting on the pay packages for the senior mamagers
viking1488
Posts: 446
Joined: 15 May 2009, 15:37
Gender: Male

Re: Shares - what a joke

Post by viking1488 »

cloherty1976 wrote:Viking we are not in a mess we are still in the dark ages and this privatasation will take us forward. People just worry about change. Think of postman pat had a van and a cat in 1970s tv and it was not until he late 90s we had a golf trolley to pull the mail. Now we have a shiny van for the delivery staff..
if that's what you really think I hope it all turns out like u hope but your so wrong privatisation is no good for anyone it will cost 1000s of jobs and that is just a start if u want to live in your little dream world that's up to you when you get your p45 the only person you can blame is yourself :arrrghhh
cloherty1976
MAIL CENTRES/PROCESSING
Posts: 1236
Joined: 11 Mar 2010, 12:16
Gender: Male
Location: The south

Re: Shares - what a joke

Post by cloherty1976 »

Ok let's see In 5 years if I have my p45 time will tell