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LTIP for the CEO, COO & CFO
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<blockquote data-quote="Feeder Hawgg" data-source="post: 502076" data-attributes="member: 8018"><p>Does anyone remember what D. Scott Davis oversaw from 1996 - 2001, Oversees Partners Limited. How did that turn out for you shareowners? The newest philosophy comes from Start Right Stay Right, by Steve Ventura. The opening line is "Congratulations! You have a Job! Too bad it doesn't pay as much today as it did just a couple years ago. When I went into management 21 years ago, there was the Thrift Plan, and OPL was awarded 1:4 ratio, MIP, 1/2 month in December and the company paid all of my insurance. Stock rose at a steady rate splitting every four years to six years. Along came 401K gift match....life was good. Now I pay around $250 a month for my share of insurance which is now option 3. No 401K match. Wrote off the last of my OPL in 2007. No raise!!!!!! And my stock is worth about half as my portfolio stated at the end of 2008. I know the economy is hurting and needs stimulating but stimulate me and I will spend my share. </p><p>The problem as stated in an earlier post is the lack of Policy Book knowledge and the need to manage by a book that will cost you $10.99 at Amazon.com. The bottom line is unless we get back to the tried and true principles of the Policy Book the newest book we are using is going to cost us more than the $10.99 retail.</p></blockquote><p></p>
[QUOTE="Feeder Hawgg, post: 502076, member: 8018"] Does anyone remember what D. Scott Davis oversaw from 1996 - 2001, Oversees Partners Limited. How did that turn out for you shareowners? The newest philosophy comes from Start Right Stay Right, by Steve Ventura. The opening line is "Congratulations! You have a Job! Too bad it doesn't pay as much today as it did just a couple years ago. When I went into management 21 years ago, there was the Thrift Plan, and OPL was awarded 1:4 ratio, MIP, 1/2 month in December and the company paid all of my insurance. Stock rose at a steady rate splitting every four years to six years. Along came 401K gift match....life was good. Now I pay around $250 a month for my share of insurance which is now option 3. No 401K match. Wrote off the last of my OPL in 2007. No raise!!!!!! And my stock is worth about half as my portfolio stated at the end of 2008. I know the economy is hurting and needs stimulating but stimulate me and I will spend my share. The problem as stated in an earlier post is the lack of Policy Book knowledge and the need to manage by a book that will cost you $10.99 at Amazon.com. The bottom line is unless we get back to the tried and true principles of the Policy Book the newest book we are using is going to cost us more than the $10.99 retail. [/QUOTE]
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