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What did you honestly expect?

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.
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Just_My_Opinion
Posts: 139
Joined: 10 Mar 2010, 16:23
Gender: Female

What did you honestly expect?

Post by Just_My_Opinion »

So we have just found out our (phantom) Colleague Shares are worth absolutely nothing. Zero. Zilch.

What did you really expect?

When has Royal Mail ever fulfilled their side of the agreement?

Royal Mail pay your wages and like it or not they can do what they want, when they want, how they want.

The CWU showed in 2007 and 2009 it has no real say or serious involvement in the way the business is run. Royal Mail simply pushed them to the sidelines with a few empty promises which of course the good old CWU bought.

So here we are in 2011 and Royal Mail now knows more than ever before how incompetent, incapable and weak the CWU really is.

Royal Mail called the shots in 2007, 2009 and they sure as hell will be calling them in 2011.

I hope the CWU gives me something to be optimistic about but I doubt they will. They have nothing. They are all but finished. Please do not ask me to strike. My days of that are well and truly over. I've done it each and every time I've been asked but enough is enough. Previous strike action got me the 'deal of the century' in 2009, so this time if I'm asked, I think I'll take my chances and come to work.

There will and already has been agreement after agreement subscribed to and subsequently broken. But these really are just bits of paper with signatures and dates. At the end of the day it's Royal Mail who pay your wage and they are entitled to run the business the way THEY see fit. Regardless of what you or me or the CWU think of the way they run the business is totally irrelevant. They can and will run it THEIR way and there's absolutely nothing you or me or the CWU can do about it.
Huxon
Posts: 21
Joined: 09 Jun 2009, 20:52
Gender: Male

Re: What did you honestly expect?

Post by Huxon »

On the plus side over a thousand line managers & doms to go :nana
mvinny
Posts: 67
Joined: 13 Mar 2009, 15:09
Gender: Male

Re: What did you honestly expect?

Post by mvinny »

Yes. But i bet they get a nice big juicy pay off to go! :wave
haynes
EX ROYAL MAIL
Posts: 82
Joined: 11 Oct 2009, 20:33
Gender: Male
Location: north east region

Re: What did you honestly expect?

Post by haynes »

mvinny wrote:Yes. But i bet they get a nice big juicy pay off to go! :wave

Your not wrong there, there will get there bonus's etc.. so will the ppl at Royal mail HQ also no doubt. Not looking forward to going to work this evening.
daveallum
EX ROYAL MAIL
Posts: 175
Joined: 09 Mar 2010, 17:42
Gender: Male

Re: What did you honestly expect?

Post by daveallum »

I missed the announcement so how does this affect the pay rise that was/is due next month?
lily12
POST OFFICE
Posts: 3
Joined: 22 Mar 2011, 13:33
Gender: Female

Re: What did you honestly expect?

Post by lily12 »

:nana Why should we be surprised when the colleague share was first agreed by leighton and crozier royal mail group and the government, we didnt trust them then,then leighton and crozier took their golden handshake robbing our pension funds.. :dcfo :ncfo :vcfo etc etc..The books and accounts will never be opened up fairly its all deals in the back door..As for strike over pay deal yes I would strike a proper one that brings po to its feet perhaps over easter two bank holidays or the royal wedding and may bank holiday..With so many managers going in april ,they will be unable to open all post offices , then and only then will the public see what a shitty service they are going to receive,as for us plebs well whatever we do strike and well be the reason why they must make cuts and possible more redundancies so damned if you do and damned if you dont..But to drop them all in deep do do.Its about time....Us frontline soldiers are not appreciated were told were overpaid.. :speak to the hand
Last edited by TrueBlueTerrier on 22 Mar 2011, 14:22, edited 1 time in total.
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RobertT
EX ROYAL MAIL
Posts: 6644
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: What did you honestly expect?

Post by RobertT »

Just_My_Opinion wrote:What did you really expect?
Personally I thought we might get £500 max. But there's a bloke in my office who was going round the other week saying we're getting £2,000 - and he'd already spent it !!! :oops:
Links to all RM pension related websites are here
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: What did you honestly expect?

Post by arnold cheshire »

RobertT wrote:
Just_My_Opinion wrote:What did you really expect?
Personally I thought we might get £500 max. But there's a bloke in my office who was going round the other week saying we're getting £2,000 - and he'd already spent it !!! :oops:
never spend anything that isnt IN your wages
Danelectro
Posts: 1058
Joined: 13 Apr 2008, 01:02

Re: What did you honestly expect?

Post by Danelectro »

Just_My_Opinion wrote:
Please do not ask me to strike. My days of that are well and truly over. I've done it each and every time I've been asked but enough is enough.
Just for the record and to get a clearer picture of where your coming from,how many days IA did your office take in 2009?
Darren Bent
Posts: 2150
Joined: 05 Oct 2007, 15:38
Gender: Male
Location: Pride Park, Derby, DE24 8XL

Re: What did you honestly expect?

Post by Darren Bent »

Let say everyone get 1000 pounds on average and there is 125,000 employee :arrrghhh

it will cost Royal Mail £125,000,000 to pay for the shares. :cuppa :arrrghhh

Maybe they should buy us 2 euro lottery ticket for each employees and hope they win jackpot to pay for it. :nana
mucker
MAIL CENTRES/PROCESSING
Posts: 605
Joined: 25 Oct 2007, 14:12
Gender: Female
Location: cloud cookoo land

Re: What did you honestly expect?

Post by mucker »

The CWU showed in 2007 and 2009 it has no real say or serious involvement in the way the business is run. Royal Mail simply pushed them to the sidelines with a few empty promises which of course the good old CWU bought.

So here we are in 2011 and Royal Mail now knows more than ever before how incompetent, incapable and weak the CWU really is.

Royal Mail called the shots in 2007, 2009 and they sure as hell will be calling them in 2011.
:Applause :Applause :Applause :cuppa
"I have opinions of my own –strong opinions– but I don’t always agree with them"

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LPTHIRTEEN
Posts: 8
Joined: 13 Jan 2011, 18:39
Gender: Male

Re: What did you honestly expect?

Post by LPTHIRTEEN »

Darren Bent wrote:Let say everyone get 1000 pounds on average and there is 125,000 employee :arrrghhh

it will cost Royal Mail £125,000,000 to pay for the shares. :cuppa :arrrghhh

the promised a lot more than that upto £5,300 i think it was. did we really think we would get anything near this..... the sad thing is it comes as no surprise to anyone.

think of the cost of coming up with this idea implemeting it, sending out the certificates and the updates.

its just a joke

The agreement is worthless we wont get a pay rise promised either
dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: What did you honestly expect?

Post by dvbuk55 »

LPTHIRTEEN wrote:
Darren Bent wrote:Let say everyone get 1000 pounds on average and there is 125,000 employee :arrrghhh

it will cost Royal Mail £125,000,000 to pay for the shares. :cuppa :arrrghhh

the promised a lot more than that upto £5,300 i think it was. did we really think we would get anything near this..... the sad thing is it comes as no surprise to anyone.

think of the cost of coming up with this idea implemeting it, sending out the certificates and the updates.

its just a joke

The agreement is worthless we wont get a pay rise promised either
Well I disagree, I think we will be paid the 1.2% and the CWU will trumpet that as a triumph in the face of adversity..................the fact that we are owed it is neither here nor there................but I can pretty much guarantee we aren't going to get the 3.5% next year.
Just_My_Opinion
Posts: 139
Joined: 10 Mar 2010, 16:23
Gender: Female

Re: What did you honestly expect?

Post by Just_My_Opinion »

Danelectro wrote:
Just_My_Opinion wrote:
Please do not ask me to strike. My days of that are well and truly over. I've done it each and every time I've been asked but enough is enough.
Just for the record and to get a clearer picture of where your coming from,how many days IA did your office take in 2009?

I don't see what relevance how many days IA my office took. Whenever I was asked to strike I did. So whether I striked for 2 days or 22 days, I done what the CWU asked of me.
Pete22
Posts: 127
Joined: 02 Mar 2010, 16:53
Gender: Male
Location: Cook-coo land

Re: What did you honestly expect?

Post by Pete22 »

bringon4dayweeks wrote:
RobertT wrote:
Just_My_Opinion wrote:What did you really expect?
Personally I thought we might get £500 max. But there's a bloke in my office who was going round the other week saying we're getting £2,000 - and he'd already spent it !!! :oops:
never spend anything that isnt IN your wages

YOU never said truer words. :Applause