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2,000 Sports Direct staff each in line for a £76,500 windfal

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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JaneM
MAIL CENTRES/PROCESSING
Posts: 91
Joined: 20 Jun 2010, 19:26
Gender: Female

Re: 2,000 Sports Direct staff each in line for a £76,500 win

Post by JaneM »

The Guardian in a expose of the increasing degree in which employers are using zero hours contracts used Buckingham Palace as an example,for the summer period you not only sign the contract,but also sign an undertaking not to work for anyone else!
dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: 2,000 Sports Direct staff each in line for a £76,500 win

Post by dvbuk55 »

Pinky 1 wrote:
It says that any "participant who is determined to be an unsatisfactory performer" will not get the shares.
"For the purposes of the scheme, an unsatisfactory performer means a participant who at any time during the period between the grand date of his award and any relevant vesting date has been (a) notified in writing that his performance is unsatisfactory, or he has been given a written warning or other sanction under the company's disciplinary policy in place from time to time, or (b) suspended from his employment by reason of suspected gross misconduct."
I think the majority of my office would never see a bonus if it was at the discretion of our DOM :so there


That also goes for a few posters on this forum too :angel
Well I for one think you and I would be getting the full whack :cuppa In case Moya's reading this "I love you and Royal Mail" give me the money.