Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Partners
"Pay Mix" update...
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Mewpew2000" data-source="post: 5458466" data-attributes="member: 73104"><p>PEOPLE THIS IS A MGMT PAYCUT. Did anyone not catch that they are dissolving the Stock ownership incentive at the same time of the "reallocation or pay mix change". Mgmt gets up to a full month's pay extra if we own a certain percentage of stock. They are taking the % of that ownership incentive that you would get now and putting it into the January monthly increase. So for exampl, I now only get about 35% of that ownership incentive but now I will NEVER be able to increase that to 100%. In my case it's about a 30k pay CUT over my last years assuming I retire at 55 or it's more!!</p></blockquote><p></p>
[QUOTE="Mewpew2000, post: 5458466, member: 73104"] PEOPLE THIS IS A MGMT PAYCUT. Did anyone not catch that they are dissolving the Stock ownership incentive at the same time of the "reallocation or pay mix change". Mgmt gets up to a full month's pay extra if we own a certain percentage of stock. They are taking the % of that ownership incentive that you would get now and putting it into the January monthly increase. So for exampl, I now only get about 35% of that ownership incentive but now I will NEVER be able to increase that to 100%. In my case it's about a 30k pay CUT over my last years assuming I retire at 55 or it's more!! [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Partners
"Pay Mix" update...
Top
