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You would need a combination of age and years service equalling at least 80, and you would need to be leaving as retired. Staff discount for life is a retirement benefit, so if you left for any reason other than retirement you would not receive it.
Morning. I agree, but Tesco now only give a 10% discount on the Share Option Price, this reduced some years back, and with Save as you Earn there is no tax saving. The tax saving is with the Buy as you Earn scheme. Savings into Save as you Earn are always safe and like you say you get your money back at the end if the Shares have dropped in price. Despite not being quite as good as you have said it is still a very worth while punt.
the shares you own will consolidate so It is too good to be true, the dividend is wiped out. Because for every 19 shares you own they will change them to 15 when consolidated. And even worse if you have used your £2000 tax free dividend allowance for the year you will pay tax on the dividend that you get.
If the option prices on the ongoing saye's cannot be adjusted to reflect the reduced share price created by the share consolidation then some of the ongoing saye's will represent a poor investment. I would guess many would bail out and maybe use the savings returned to them to purchase shares that would likely be cheaper than the original option price. It will be interesting to see if there is a contingency plan for these plans.
I wonder what will happen with saye plans that are already running. Me and hubby have 6 between us. Once the shares are consolidated will an adjustment be made on the option prices of these ongoing plans? If not, then they will very likely make no gain and all will not be worth continuing.
Morning, this is not new. Staff are required to multi-skill and often dot.com pickers are in greater need that checkout people. I cannot see a time when there will be no checkout staff. If money is still going in those tills, then ( a few ) staff will be there. Tesco won't have £1 go into a competitors till. As for uthe counters, I think we will have to wait and see, but Tesco has had this period of time and will be looking at sales figures. As a business they would be
lacking if they didn't. Management restructuring is also changing all the time, we lost a bakery manager recently, he now managers bakery and counters. Restructuring is ongoing constantly
Thank you for your replies, as a Tesco employee my shares are held with equiniti, their commission is hefty, 1% I believe, with a minimum fee of £15 I believe. So a fee of around £56 on 2000 shares fetching £2.30 each. So £9.95 seems too good to be true! Is anyone using thiis websites service, and do you see a live price before you agree to buy or sell? Thanks inadvance
Morning all. Does anyone use this website to buy and sell shares?
Trading costs are promoted as being £9.95 a trade, surely there is a commission as well?
If for example I sold 2000 Tesco shares, surely the fee would not be £9.95? I can see no mention of an additional commission! Also if using this service can I see a live share price before committing to buy or sell, or are their transactions done in bulk, along with other buyers or sellers, thus leaving me unsure of the precise price I would be getting? Thank you in advance
But 50p is only the value of a possible dividend per share..The real value of Asia company is much more. The share could potentially tumble 90p a share. The risk is - will it? I think not, but its stupid to think a large amount of a company can be sold off with little impact. The dilemma is I guess, what might the impact be?
Tesco are preparing also for when they are short of staff due to illness and self isolating.
Yes the tills are in overdrive now, but once this is all over, those tills will become quiet. People will have so much stocked piled stuff, they won't be shopping as much .