Colleague Shares

We are aware Royal Mail have issued their second launch of ColleagueShare. 

There is no guaranteed money whatsoever in this scheme.

This is part of Royal Mail's ideological approach aimed at convincing CWU members to accept all of their Business Plan changes now - in return for the promise of money in future years.

The truth is - in its current format - the only way ColleagueShare could produce money is at the expense of 40,000 job losses, your pensions, higher basic pay, and overall reductions in your standard of living.

What the Union wants is the complete re-negotiation of the Scheme.  We want CWU members to receive proper reward in return for agreed change.

The issue of ColleagueShare remains a key element in our dispute with the company.