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UPS Partners
Redesigned mip
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<blockquote data-quote="oneoff" data-source="post: 51856"><p>UPSers are already giving up lots of money. How do you think UPS has been able to obtain such vast amounts of cash even though it blows millions on out dated software and subsidiaries which only reduce eanings per share? Low pay increases, paper compensation in the form of poorly performing stock, and other benefit changes which really takes the oppotunity for cash out of your pocket until you accumulate lots of stock, dividends and reach a certain grade level. Deferred cost such as the new MIP puts the burden of cash flow on later years when many have retired and sold their stock. Someone should project the cashflow needs for the next 5 to 10 years. You may be suprised at the potential for cash drain coming!!!!!! Its amasing to hear about so many retired UPSers that pass away a few year after retirement and wind up leaving all of their wealth to their wife and family. Maybe they should have been able to enjoy their life when younger and just getting by while dragging the family all over the world.</p></blockquote><p></p>
[QUOTE="oneoff, post: 51856"] UPSers are already giving up lots of money. How do you think UPS has been able to obtain such vast amounts of cash even though it blows millions on out dated software and subsidiaries which only reduce eanings per share? Low pay increases, paper compensation in the form of poorly performing stock, and other benefit changes which really takes the oppotunity for cash out of your pocket until you accumulate lots of stock, dividends and reach a certain grade level. Deferred cost such as the new MIP puts the burden of cash flow on later years when many have retired and sold their stock. Someone should project the cashflow needs for the next 5 to 10 years. You may be suprised at the potential for cash drain coming!!!!!! Its amasing to hear about so many retired UPSers that pass away a few year after retirement and wind up leaving all of their wealth to their wife and family. Maybe they should have been able to enjoy their life when younger and just getting by while dragging the family all over the world. [/QUOTE]
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