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Brown Cafe UPS Forum
UPS Partners
Buyout in 2013
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<blockquote data-quote="pretzel_man" data-source="post: 1074056" data-attributes="member: 927"><p>Hoax,</p><p></p><p>I don't think discussing this creates any negative undertones. I think an open honest discussion is worthwhile.</p><p></p><p>I do think that many on this board don't care about an open conversation and I did not intend to lump everyone together.</p><p></p><p>There are many that post a question, but don't really want an answer. They have opinions that will remain unchanged by any facts. I know you are not one of them.</p><p></p><p>Back to the topic.....</p><p></p><p>In the old days when we had large growth and large growth in stock, the amount of stock one got determined their compensation.... Not because of the actual amount, but because that amount will grow. Do you remember all the years when you couldn't buy stock at all?</p><p></p><p>Now, without that those people need to get compensated closer to the marketplace. Like it or not, this is how the world works. </p><p></p><p>Also, keep in mind the % of salary for those people that is incentive based vs. guaranteed. I think a grade 20 has about 2/3 of compensation as incentives. It goes up from there. I think Davis has 85% of compensation as incentive.....</p><p></p><p>There is no doubt that UPS is a different company than when you and I started. For better or worse, that same old company would not have survived. It had to change with the world economy, with competition, with technology, etc.</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 1074056, member: 927"] Hoax, I don't think discussing this creates any negative undertones. I think an open honest discussion is worthwhile. I do think that many on this board don't care about an open conversation and I did not intend to lump everyone together. There are many that post a question, but don't really want an answer. They have opinions that will remain unchanged by any facts. I know you are not one of them. Back to the topic..... In the old days when we had large growth and large growth in stock, the amount of stock one got determined their compensation.... Not because of the actual amount, but because that amount will grow. Do you remember all the years when you couldn't buy stock at all? Now, without that those people need to get compensated closer to the marketplace. Like it or not, this is how the world works. Also, keep in mind the % of salary for those people that is incentive based vs. guaranteed. I think a grade 20 has about 2/3 of compensation as incentives. It goes up from there. I think Davis has 85% of compensation as incentive..... There is no doubt that UPS is a different company than when you and I started. For better or worse, that same old company would not have survived. It had to change with the world economy, with competition, with technology, etc. [/QUOTE]
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