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The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
Jhaigh82
Posts: 10
Joined: 12 Jun 2016, 18:51
Gender: Male

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Post by Jhaigh82 »

cobrakai wrote:
TrueBlueTerrier wrote:
Jhaigh82 wrote:
eddie5887 wrote:Will soon see when wage slips come in tomorrow. If it isn't in this weeks wages then HR are going to be inundated with calls for another week.

And rightly so the shower of ***** they've had the money since last Wednesday and people got told it would be in the following pay date, which would be this Friday. Utter shambles. Shouldn't be surprised like.

Edit: wouldn't be surprised either if wage slips are delayed till Friday :d'oh!
But don't forget that shower of ****** as you call them, are not responsible for the policy of Royal Mail. They like us when delivering, are only acting on dictates from above. If anyone really thinks that a call handler or HR staffer or wages clerk on the end of the phone is to blame, then they need their heads read.

Treat them with respect, just like you expect Customers to treat you.
I agree it's not HR fault,they have obviously been told to hold on to the money. They are just people on the coalface like us while the fat cats pull the strings,I'm guessing some of them are in the same predicament.
True, unfortunately we aren't getting the correct information, people will be fuming tomorrow or Friday when they find out if the money isn't in the accounts, i won't be one of the ringing but I'm sure some who have and got fobbed off which seems like Hr have done will be not too pleasant towards them.

Why can't Royal Mail just release a statement to all members of staff, maybe via the TVs or memos to managers to print off so they can do some work for a few mins? :crazy:
Theghost
EX ROYAL MAIL
Posts: 417
Joined: 17 Mar 2009, 16:44
Gender: Male

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Post by Theghost »

The Major balls up here was the statement saying the shares would be in the next pay date if the cut off was missed,So the majority are expecting the money in this weeks wages.I am pretty sure alot of people would have spent some money on the strength of it being in this weeks wage too.

So much easier for them if they said from the start "Any share withdrawals made in the 1st week,Will arrive in wages on the 4th November and not before"

What happens to monthly paid staff? Do they have to wait until the end of November?

Bad communication always leads to frustrations,No matter what the issue,Quite a poor show to be honest.
roberts321
Posts: 2
Joined: 06 Nov 2012, 16:00
Gender: Male

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Post by roberts321 »

Seems like the best solution is that royalmail put out a statement to all staff ... i've also been told by HR that the payment will be 4th Nov
Jhaigh82
Posts: 10
Joined: 12 Jun 2016, 18:51
Gender: Male

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Post by Jhaigh82 »

Well, I hope HR are ready for a busy day.
Milly008
Posts: 4
Joined: 13 Dec 2015, 18:50
Gender: Male

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Post by Milly008 »

what a surprise...no shares money..no letter to explain why not..
jamie0123210
Posts: 11
Joined: 21 Oct 2008, 05:25
Gender: Male

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Post by jamie0123210 »

Sold mine on opening day, nothing in today's payslip although I received the letter last Wednesday saying the money had been sent to payroll.
brentford
Posts: 35
Joined: 06 Mar 2012, 15:02
Gender: Male
Location: new road stand brentford

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Post by brentford »

shambles i haven't sold mine but I've read the information on selling and it clearly states that when selling equiniti send the money Too H. R which will take three days for h.r too receive they will deduct tax and insurance and send ON the NEXT PAY so i presume if you sold them on Saturday the 15th royal mail have been seating on the money since last Wednesday so surely they must get the money this week :crazy:
tragictramp
Posts: 381
Joined: 19 Dec 2008, 18:02
Gender: Male

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Post by tragictramp »

Never known such an amateur company, releases information saying it will be paid this week, as its the next payroll, and then decide to gain a lot of interest on someone esles cash. Pathetic.
freemoyoyo
Posts: 4
Joined: 27 Oct 2016, 14:03
Gender: Male

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Post by freemoyoyo »

Is there not going to be a separate pay slip going out for the shares alone ? Also are all full time staff definitely getting 12 percent taken off the value for NI ? That doesn't make sense to me ?
brentford
Posts: 35
Joined: 06 Mar 2012, 15:02
Gender: Male
Location: new road stand brentford

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Post by brentford »

freemoyoyo wrote:Is there not going to be a separate pay slip going out for the shares alone ? Also are all full time staff definitely getting 12 percent taken off the value for NI ? That doesn't make sense to me ?
Who knows these shares are becoming a mystery :shock: not even clear when people will receive the money :cuppa
eddie5887
Posts: 9
Joined: 10 Dec 2013, 18:09
Gender: Male

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Post by eddie5887 »

Utter disgrace! Still not a clear answer as to when people will receive their money. Yet again another fob off from HR. The people above need to let its workers know what's going on. Surely with HR/Payroll getting so much stick the people above should be decent enough to give them an answer to relay to its workforce
Daniel-san
Posts: 74
Joined: 18 Dec 2009, 17:51
Gender: Male

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Post by Daniel-san »

jamie0123210 wrote:Sold mine on opening day, nothing in today's payslip although I received the letter last Wednesday saying the money had been sent to payroll.
THIS!^^^^^
Ive spent money thinking I would have it today!
Arse holes! Give us the right info ffs! :evil/mad
Daniel-san
Posts: 74
Joined: 18 Dec 2009, 17:51
Gender: Male

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Post by Daniel-san »

Just called HR and theres an automated message saying thhey cant tell us when our shares will be paid!

This company is a Joke!!!
Burgh
Posts: 22
Joined: 09 Jul 2013, 13:41
Gender: Male

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Post by Burgh »

I rang them back up today.asking when I will be getting it and why haven't I got it yet.

They said it "should" be in next week's pay..The reason it's taken so long as alot of people sold them...

I think it's bullshit.maybe 15 out of 170 in my office sold there's..its clearly to gain interest off it.

can't we get our handling fee back? as it was a poor service?
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72483
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

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Post by TrueBlueTerrier »

freemoyoyo wrote:Also are all full time staff definitely getting 12 percent taken off the value for NI ? That doesn't make sense to me ?
Part time staff as well.

Although I would ask why it doesn't makes sense its been in every SIP document since 2013 warning people that Tax and NI would be paid if you cashed them in between 3 and 5 years.

https://www.myroyalmail.com/news/nation ... tive-plans" onclick="window.open(this.href);return false;
02:00am, 13 Sep, 2013

Free Shares held in the SIP for between three and five years after they are given to you
You can take your shares out of the SIP, but you will have to pay income tax and National Insurance on the lower of:

a) the market value of the shares at the time they are given to you; or

b) the market value of the shares when you take them out of the SIP.
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