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LTIP for the CEO, COO & CFO
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<blockquote data-quote="Black_6_Leader" data-source="post: 500741" data-attributes="member: 9413"><p>The three measures for LTIP in the proxy statement</p><p></p><p>Revenue growth</p><p></p><p>Operating return on invested capital</p><p></p><p>Three-year net income or EPS targets</p><p> </p><p>The key point that you missed is that the average UPS supervisor or manager has seen their total compensation cut ot frozen twice in the last five years; while the troika at the top get rewards that are not reflective of the state of the economy (and I'll quote again <em>"While it expects to continue to monitor the effect of global economic conditions on the Company, the Compensation Committee is committed to the implementation of its plan to increase the total compensation")</em> ; or the shared sacrifice that was the principle of the partnership. </p><p></p><p>Heck, the Management Committee is not even limited by the salary guidelines imposed on the rest of the partners on the management team "In 2008, UPS approved an average base salary increase of 3.5% for all management employees other than members of the Management Committee based upon company performance in 2007". This is on page 20 of the proxy.</p><p> </p><p>Face it, the thinking espoused now is not what made UPS great</p></blockquote><p></p>
[QUOTE="Black_6_Leader, post: 500741, member: 9413"] The three measures for LTIP in the proxy statement Revenue growth Operating return on invested capital Three-year net income or EPS targets The key point that you missed is that the average UPS supervisor or manager has seen their total compensation cut ot frozen twice in the last five years; while the troika at the top get rewards that are not reflective of the state of the economy (and I'll quote again [I]"While it expects to continue to monitor the effect of global economic conditions on the Company, the Compensation Committee is committed to the implementation of its plan to increase the total compensation")[/I] ; or the shared sacrifice that was the principle of the partnership. Heck, the Management Committee is not even limited by the salary guidelines imposed on the rest of the partners on the management team "In 2008, UPS approved an average base salary increase of 3.5% for all management employees other than members of the Management Committee based upon company performance in 2007". This is on page 20 of the proxy. Face it, the thinking espoused now is not what made UPS great [/QUOTE]
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