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SAYE Share Scheme

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.
tufty56
Posts: 1
Joined: 24 Jul 2016, 10:35
Gender: Male

SAYE Share Scheme

Post by tufty56 »

Does anyone know if this scheme has finished? Nothing taken from the wages this past 2 weeks.
Driver74
Posts: 117
Joined: 18 May 2017, 19:59
Gender: Male

SAYE Share Scheme

Post by Driver74 »

Yea the payments are finished I think you get the shares or money beginning of December but not 100% on that
korky
Posts: 797
Joined: 30 Dec 2007, 09:28

SAYE Share Scheme

Post by korky »

just checked mine, no deductions and according to my share details online they mature in december 17 and i have 3 payments left to make (worked out as monthly)
perhaps they've done it on purpose and say we've all defaulted on payments and cannot buy the shares :left:
Driver74
Posts: 117
Joined: 18 May 2017, 19:59
Gender: Male

SAYE Share Scheme

Post by Driver74 »

I checked mine against the monthly payments on the website and it adds up correctly as paid up in full
GRS
Posts: 813
Joined: 15 Jun 2015, 18:38
Gender: Female
Location: South West

SAYE Share Scheme

Post by GRS »

I found the original booklet we got when we started the scheme and it says that weekly paid staff's last payment would be on the payday of w/c 31st July which made the last deduction on the 4th August,hence no payments made the last two weeks.
DiamondSmiles
Posts: 498
Joined: 05 Feb 2009, 20:03
Gender: Male

SAYE Share Scheme

Post by DiamondSmiles »

There is a separate thread for this.

http://www.royalmailchat.co.uk/communit ... 38&t=80040" onclick="window.open(this.href);return false;
plaguelift
Posts: 133
Joined: 19 Apr 2011, 06:16
Gender: Male

SAYE Share Scheme

Post by plaguelift »

Week beginning 31 July 2017
Saving deductions from your net pay stop if you are paid weekly (unless you take a payment holiday).

31 October 2017
Saving deductions from your net pay stop if you are paid monthly (unless you take a payment holiday).

1 December 2017
Savings term ends (unless you take a payment holiday). You will then have six months to use your savings to buy shares at the option price, if you choose to.
smok3y666
Posts: 734
Joined: 21 Dec 2008, 10:47
Gender: Male

SAYE Share Scheme

Post by smok3y666 »

I'm still paying presumably because I transferred from PF to RM (monthly to weekly pay) about 6 months ago?
User avatar
POSTMAN
SITE ADMINISTRATOR
Posts: 32702
Joined: 07 Aug 2006, 03:19
Gender: Male

SAYE Share Scheme

Post by POSTMAN »

Lots of info in the appropriate forum, the share forum, which I will move this thread to, see the stickies in there, well in here now that I've moved the thread...
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.