BELIAL wrote: Simple reality.
All of RM profit is extracted from from it's workforce. IF RM had zero employees it would cease to function and would make no profit.
To make more profit ,boost the share price and enhance the dividend RM must extract more returns from it's workforce.
If you want longer walks ;more lapsing ;treble prepping ;management bullying off the scale ,this is the scheme for you.
No such thing as a free lunch,unless you are an old Etonian
Since this scheme isn't creating any extra shares, why does my buying extra shares resulting in our T&Cs / Pay / etc being put through the shredder but my not buying shares not result in the same? After all, those same shares would still be in existence and owned by someone, just not me. Also if I buy additional shares not through this scheme, i.e. just direct on the stock market, does that result in the same shredding occurring? (In which case I have a supplemental question as to how the RM will know whether I've bought additional shares or not?)
Additionally since this scheme would result in both an increased demand (albeit not necessarily a very big increase) for Royal Mail shares, and those shares being unlikely to be sold in the short term then it will tend to increase the share price on it's own without the RM having to do anything to improve the underlying financial performance of the business.
Plus there are several ways that the RM could reduce it's costs (and thus it's income) without requiring us to do any extra work at all. Indeed in the case of electric vans we'd arguably doing less work, since they wouldn't be paying us to drive to the nearest filling station and stand there being "unproductive" whilst we poured unleaded/diesel into the tank.
stalker