SHARE IN SUCCESS

[whistling dixie]

has anybody heard anything about the share in success scheme,there are a few rumours circulating in our office that it could be paid before april and it could be as much as £1200.as i said that these are rumours any info anybody,?

[essexboy]

if we get all the bonus's due to us this year i should just about be able to pay my mortgage off.

untrue at a guess.

[graffi]

Don't hold ya breath for ya £1200 lol you can only cash in half of ya phantom shares this year and the rest next year .... I believe somebody said on here they were worth £1.51 a share last year but are been recalculted as we speek, in the brochure you received when you were given ya shares it says they will contact you before/when you can cash em in lol

[TrueBlueTerrier]

has anybody heard anything about the share in success scheme,there are a few rumours circulating in our office that it could be paid before april and it could be as much as £1200.as i said that these are rumours any info anybody,?

Share in Sucess finished about 3 or 4 years ago IIRC.

As people have pointed out there is a 50% payout on the Colleagueshares this year but no way will that be £1200 - based on previous years payouts a 100% payout would be just over £1k - also again based on previous years its around Apr May that we actually end up getting it.

[clashcityrocker]

I heard a rumour that it is just over £15 000 and will be paid next week.

[sheff postie]

Brill i could just use £15000............ Oh wait, your taking the piss, you had me all excited then

[comeracing]

you put an extra naught on by mistake should read £15.00,good old way BACKWARD agreement.

[viking]

If anyone can call the last few years of the running of RM as a SUCCESS....wouldnt like to see what they class as a failure

[graffi]

more like £1.50

[sheff postie]

Back to reality, a bloke who retired last year said they paid his shares out and he got £1300 for the lot.

[TrueBlueTerrier]

Back to reality, a bloke who retired last year said they paid his shares out and he got £1300 for the lot.

Thats before the revaluation which is going on at the moment. I stand by my prediction from 2007 when RMC first discussed this. http://www.royalmailchat.co.uk/communit ... res#p13765" onclick="window.open(this.href);return false;

These colleagueshares are a red herring anyway. If we accept them we cant benefit for at least 5 years and with Crozier/Leighton and their cutbacks how many of us will be left. At best Adam and Al are being disingenuous and at worst its fiddling the books so they don't have to give us a decent pay rise for 5 years.

What's the betting that for 4 years we'll be doing so good that it will be exactly as they say and the dividends will be excellent. Then surprise surprise in the final year they value shoots down and they don't have to pay quite as much as we were expecting.

[Judgee]

Last valuation they were worth £1.51 each I think. With Rm predicting another fantastic loss [goes to show how great their revision is] I suspect they will drop in value below that figure. I guessing another 20p drop to follow the trend of thier previous loss in value, although I think that was made after they reported a profit?

[bag69]

They may need to be carefull what they value them at. To low and the goverment wont be able to get a decent price for us. To high ( to attract a buyer) and they wont be able to pay it out. Think about it!

[spen]

how long do you need to have been working in royal mail to qualify for this payout

[Stampy]

We were told in our WTL&L session this week that you'll get HALF this year and HALF next year...

No idea on figures though - suppose RM have to "make a few up" before screwing us again!!!

Although somebody did hear a rumour of £500.