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UPS Partners
Big Announcement
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<blockquote data-quote="hubguy" data-source="post: 474026" data-attributes="member: 9091"><p>Cut FT mgmt raises in 09, ok seems cut and dry. But there might be more to the rest. Cutting 401k match (which is matched up to 3% with UPS class B shares) and reducing the DESPP from 10% to 5% makes me think that there is more that what meets the eye in all this. Also, FT mgmt half month and selected MIP recipients might be the next course action by year's end. However, this announcment wont come out until mid-late october. Even after all that, i still fall asleep and wake up knowing that i have a good source of income. My only concern is that if/when compensation is furthered altered, will it ever return????</p></blockquote><p></p>
[QUOTE="hubguy, post: 474026, member: 9091"] Cut FT mgmt raises in 09, ok seems cut and dry. But there might be more to the rest. Cutting 401k match (which is matched up to 3% with UPS class B shares) and reducing the DESPP from 10% to 5% makes me think that there is more that what meets the eye in all this. Also, FT mgmt half month and selected MIP recipients might be the next course action by year's end. However, this announcment wont come out until mid-late october. Even after all that, i still fall asleep and wake up knowing that i have a good source of income. My only concern is that if/when compensation is furthered altered, will it ever return???? [/QUOTE]
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