What do you say to your supervisor when you gave him 9.59 shares in October 2006 as the first 20% of the 2005 deferred MIP? Do you say "hold on to this stock and in 297 years at the 1% growth rate we have experienced the last 7 years you will be a millionaire?"
You tell him that if he isn’t satisfied with his 9.59 shares you’ll make a note and he won’t have to be worried about being recommended for MIP again.
You also let him know (just in case he really isn't complaining) that if he wants more MIP and more money he can move upward and onward and accept more responsibility with the compensation (and headaches) that comes with it.
Don't plan to occupy the bottom of the totem pole and get the Cadillac treatment, IOW.
It is a shame what upper management and greed have done to our company. Withhold authority for all of the BOD and maybe they will get the message. If some large mutual fund company would put some pressure on UPS to make all A & B shares vote equally - one vote each - our upper management wouldn't last a week.
You're not clear on How Things Work, are you?
The salary committee will determine what they need to offer to attract, develop, and retain the people they need.
Not *you,* not “some large mutual fund company” - and I highly suspect – not anyone surfing on a message board.
Probably should concentrate more on getting plenty of rest, avoiding binge drinking, cutting down on saturated fats, getting to work on time, learning something and applying it to your job function to be more productive… you know – things you have some control over.
You'll be happier. I promise.