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LTIP for the CEO, COO & CFO
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<blockquote data-quote="bones" data-source="post: 501978" data-attributes="member: 8429"><p>Black_6_Leader, excellent posts, thanks for your insight. On another note I wonder how often the management comittee reads the policy book at meetings? I'm sure the board never does. As I believe someone pointed out above greed has been and is still firmly in control of the board and the management comittee. I worked under one of the management comittee members long ago when they were just getting started in their career, while I may consider that person above average I have worked for people whom I consider smarter, more effective, and got better results that are doing a great job for this company for a fraction of the money. Consider what a 25 year manager would have retired with in the 90's or before with what a 25 year manager will retire with in the next 5 to 10 years. It is a fraction before you factor in inflation. P-man pointed out above how much better you have to be as a management person now than before, why do 18's and below deserve so much less for it while there seems to be such a great effort to substantially raise grade 20 and above compensation. I believe the weak economic conditions are just being used as an excuse to do what was being planned to begin with, give them less so we can have more. I may be wrong but when I look at a couple regions volume this year compared with 02, 03, and 04 there doesn't seem to be that much difference (in some years it was higher then than now). We have cut regions and districts since then, why was the volume enough to pay all the bills then plus decent MIP but now it is no where close and we must all continue to give back?</p></blockquote><p></p>
[QUOTE="bones, post: 501978, member: 8429"] Black_6_Leader, excellent posts, thanks for your insight. On another note I wonder how often the management comittee reads the policy book at meetings? I'm sure the board never does. As I believe someone pointed out above greed has been and is still firmly in control of the board and the management comittee. I worked under one of the management comittee members long ago when they were just getting started in their career, while I may consider that person above average I have worked for people whom I consider smarter, more effective, and got better results that are doing a great job for this company for a fraction of the money. Consider what a 25 year manager would have retired with in the 90's or before with what a 25 year manager will retire with in the next 5 to 10 years. It is a fraction before you factor in inflation. P-man pointed out above how much better you have to be as a management person now than before, why do 18's and below deserve so much less for it while there seems to be such a great effort to substantially raise grade 20 and above compensation. I believe the weak economic conditions are just being used as an excuse to do what was being planned to begin with, give them less so we can have more. I may be wrong but when I look at a couple regions volume this year compared with 02, 03, and 04 there doesn't seem to be that much difference (in some years it was higher then than now). We have cut regions and districts since then, why was the volume enough to pay all the bills then plus decent MIP but now it is no where close and we must all continue to give back? [/QUOTE]
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