Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+

Latest NewsHR strategyPay & benefitsShare options

Royal Mail postmen could be given shares in the firm under new privatisation plans

by Personnel Today 30 Jun 2010
by Personnel Today 30 Jun 2010

Part of the national postal service could be owned by a John Lewis-style trust, where postmen would be treated as ‘partners’, owning shares and receiving annual dividends, the Telegraph has reported.

Two weeks ago, it emerged the coalition government was planning to sell off all or part of Royal Mail, at the same time giving employees a stake in the organisation so they could share in its success.

One option was to float the entire company on the London Stock Exchange in the biggest float of a state-owned business for more than two decades.

Last night, postal affairs minister Ed Davey released more details about how the planned privatisation â€“ which is likely to be opposed by unions â€“ might work.

Under one plan, shares would be held back for postmen from any flotation or sale to a private investor. This could give postal workers influence over decision-making at the business, the Telegraph said.

At John Lewis, a portion of the profits is divided up equally among the staff or ‘partners’. Regardless of how senior or junior they are, staff receive the same percentage of their own salaries, usually between 10% and 20%.

Davey said: “Employee share ownership can be critical in turning around a company’s fortunes. With great British companies and organisations like John Lewis already involved, it shows how powerful it can be.”

Personnel Today Awards newsletter

Be the first to read updates relating to the annual Personnel Today Awards, celebrating excellence in HR and L&D among employers and suppliers.

OptOut
This field is for validation purposes and should be left unchanged.

Royal Mail
Avatar
Personnel Today

previous post
Graduate jobs have 270 students applying for each position
next post
Redundancy: top 10 pitfalls for employers

You may also like

Weak economic outlook slows hiring decisions

8 Dec 2023

Toxic culture at Sellafield ‘threatens safety’

7 Dec 2023

Minimum service levels enacted for rail, borders and...

7 Dec 2023

Aldi announces pay rise for 2024

7 Dec 2023

Nationwide reverses ‘work from anywhere’ policy

7 Dec 2023

Hiring talent overseas with simple HR compliance (webinar)

7 Dec 2023

Pay up by two-thirds for ER managers

6 Dec 2023

Religion at work: discrimination is commonplace

6 Dec 2023

BAE Systems embarks on early careers recruitment drive

6 Dec 2023

What is HR’s role in handling ESG-related whistleblowing?

6 Dec 2023

  • How to spot and tackle imposter syndrome in the workplace PROMOTED | Half of all UK adults...Read more
  • BetterMe for Business: How to Build Wellness Culture at Work PROMOTED | Ever encountered a...Read more
  • Global growth with simple HR compliance (webinar) WEBINAR | In an increasingly global marketplace...Read more
  • Talent acquisition: How AI can complement a ‘back to basics’ approach PROMOTED | Artificial intelligence is now...Read more
  • What will it mean to be an HR professional in 2024? (webinar) WEBINAR | As we approach 2024...Read more
  • HR Budget Planning for 2024: Preparing your People Strategy PROMOTED | As organisations continue to adapt...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2023

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2023 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
    • Advertise
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • XpertHR
    • Learn more
    • Products
    • Pricing
    • Free trial
    • Subscribe
    • XpertHR USA
  • Webinars
  • OHW+