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colleague shares??

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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spoodoo
Posts: 829
Joined: 06 Sep 2009, 18:07
Gender: Male

Re: colleague shares??

Post by spoodoo »

is everyone getting something back now?
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: colleague shares??

Post by fishtank »

spoodoo wrote:is everyone getting something back now?
Unlikely.
good times, bad times you know I've had my share
GRUSS
Posts: 12
Joined: 14 Apr 2011, 10:35
Gender: Male

Re: colleague shares??

Post by GRUSS »

I left Business customer service on the 15 November 2010 and was first of all very disappointed that no payout was going to be made. I then thought back and came to the conclusion they never cost me anything and we have been receiving dividends on our shares. If we get 56p then I will not be disappointed. I never expected very much anyway.

Also since leaving Royal mail I have never been more contented and happier. I hasten to add thanks to RM I have been able to retire at 60.
ewancurze
Posts: 400
Joined: 22 Jun 2010, 19:25
Gender: Male

Re: colleague shares??

Post by ewancurze »

There is a sign on our notice board stating that Post office Counters have got the full valuation.....i will try to see the exact figures on Sat.
RTP
Posts: 863
Joined: 22 Apr 2011, 14:24
Gender: Male

Re: colleague shares??

Post by RTP »

ewancurze wrote:There is a sign on our notice board stating that Post office Counters have got the full valuation.....i will try to see the exact figures on Sat.
They are to recieve £600 CS in this months salary + £400 bonus + last years backpay from their payrise which was over 2%.

That's all on top of their wages of course.
maisymoo04
Posts: 2226
Joined: 07 Apr 2010, 17:11
Gender: Male
Location: You dont want to no

Re: colleague shares??

Post by maisymoo04 »

any jobs in counters then :pray
"Some day I will have the bottle to take the money"
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72548
Joined: 30 Dec 2006, 10:29
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Location: On my couch

Re: colleague shares??

Post by TrueBlueTerrier »

maisymoo04 wrote:any jobs in counters then :pray
Yes probably but to get the CS in the PO you would probably have to give back the Transformational Lump sum from when we accepted the 2010BT.
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Big Daz
Posts: 5668
Joined: 17 Apr 2007, 20:27
Gender: Male

Re: colleague shares??

Post by Big Daz »

If I recall the third allocation of shares was knocked on the head for CWU grade staff in all other parts of RM Group.

£600 of the the £1000 worth of transformational lump sum payments is suposedly from the CS scheme so that means £600 needs to be found for CWU grade staff in all other parts of RM Group.

It would be interesting to see what criteria POL and PF have had to meet and also what criteria CMA grade staff across RM Group had to meet to get dividend payments.
gusco

Re: colleague shares??

Post by gusco »

I work for Supply Chain (part of Post Office Ltd) and all cwu grade staff got £600 in wages today, paid into bank tomorrow.

Managers are getting the payment in their May wages.

Not gloating, just letting people know that some people are getting paid out - it has not been a very fair system. I'm one of the fortunate ones. Normally in Supply chain - we are the unlucky ones
fishtank
Posts: 19732
Joined: 28 Sep 2007, 17:22
Gender: Male

Re: colleague shares??

Post by fishtank »

gusco wrote:I work for Supply Chain (part of Post Office Ltd) and all cwu grade staff got £600 in wages today, paid into bank tomorrow.

Managers are getting the payment in their May wages.

Not gloating, just letting people know that some people are getting paid out - it has not been a very fair system. I'm one of the fortunate ones. Normally in Supply chain - we are the unlucky ones
Some of us in deliveries have already had that £600 as part of our transformation lump sums.
Everybody should eventually get it. :neutral:
good times, bad times you know I've had my share
arnold cheshire
Posts: 5309
Joined: 14 Oct 2010, 21:28
Gender: Male
Location: england

Re: colleague shares??

Post by arnold cheshire »

gusco wrote:I work for Supply Chain (part of Post Office Ltd) and all cwu grade staff got £600 in wages today, paid into bank tomorrow.

Managers are getting the payment in their May wages.

Not gloating, just letting people know that some people are getting paid out - it has not been a very fair system. I'm one of the fortunate ones. Normally in Supply chain - we are the unlucky ones
good for you :dance
crusader1
Posts: 3
Joined: 08 Jun 2010, 16:50
Gender: Male

Re: colleague shares??

Post by crusader1 »

i finished work in october 10 after 13 months sick leave after a very serious and life threatening road traffic accident on my way home from work, ihr the little shyt of a manager told me i would get nothing re shares , wonder if the 287 would cover the fine if i went and thumped his jaw :Very Happy , also they taxed me and took off national insurance , have been in contact with tax office and i can claim tax and ni back as i am still on incapacity benefit ,
GRUSS
Posts: 12
Joined: 14 Apr 2011, 10:35
Gender: Male

Re: colleague shares??

Post by GRUSS »

crusader1 wrote:i finished work in october 10 after 13 months sick leave after a very serious and life threatening road traffic accident on my way home from work, ihr the little shyt of a manager told me i would get nothing re shares , wonder if the 287 would cover the fine if i went and thumped his jaw :Very Happy , also they taxed me and took off national insurance , have been in contact with tax office and i can claim tax and ni back as i am still on incapacity benefit ,
Yep same thing with me I had the NI and tax deducted. I have been told to write to the NI office and give the reason why the amount should be refunded. I contacted the HMRC regarding the tax and they said I need to go back to RM and get them to give to me another p45 so I can claim the tax back. The problem is I finished on the 15 November 2010 and they will not issue me with another P45. So will leave until the end of this financial year and hopefully HRMC will see I have paid too much tax and refund without further input from me.
gra1970
Posts: 1
Joined: 31 May 2011, 13:01
Gender: Male

Re: colleague shares??

Post by gra1970 »

i am an expostie whoi has 559 colleague shares.please can anyone advise meon what is happening with them.i have not recieved anything yet so please can someone help me.thanks
smok3y666
Posts: 734
Joined: 21 Dec 2008, 10:47
Gender: Male

Re: colleague shares??

Post by smok3y666 »

Part of the Parcelforce pay deal mentions someting about the collegue shares. We are getting a pay rise plus £600 if accepted and £400 if further targets are met. I'm sure I read in the briefing that was posted on here that those 2 payments are in some way related to the collegue shares.