Sell off my stock before the 2013 contract?

[Ghost in the Darkness]

A strike isn't likely. They will get us the same status quo or less contract they usually get with the vague contract language. Hoffa is their buddy remember. There are too many Teamsters who are afraid to rock the boat when it comes to management/employee relations and those are the ones who always check yes when contract comes to a vote.

 

[TearsInRain]

The focus was on increasing the starting pay of PTers to $10/hr

a 50 cent raise in starting pay

how very generous of you, i'm that'll sure bring in the quality people we need to secure the future of the company

 

[OptimusPrime]

a 50 cent raise in starting pay

how very generous of you, i'm that'll sure bring in the quality people we need to secure the future of the company

It's gotten sad where I work. The running joke is UPS now recruits workers outside of the county lockup on Sat./Sun. mornings.

 

[bigblu 2 you]

You would give up raises for 5 years if it meant you could wear sideburns? Good god...

you cant put a price on sexy dude......well can you?

 

[UpstateNYUPSer(Ret)]

a 50 cent raise in starting pay

how very generous of you, i'm that'll sure bring in the quality people we need to secure the future of the company

Ours start at $8.50/hr.

 

[jeffpatterson]

Hey. Whats the website to change my Stock purchase elections? I set mine up years ago and would like to bump my amount up but cannot figure out where to go to change it.

 

[brownmonster]

Hey. Whats the website to change my Stock purchase elections? I set mine up years ago and would like to bump my amount up but cannot figure out where to go to change it.

Log into cpushareownerservices.com, create user name and password. This might be the place to do it.

 

[Catatonic]

I don't own any UPS stock as I work here, I prefer to diversify. The current employee discount is a joke and forces you to hold it for 2 years.

Just to be fair, that is a result of the IRS rules relating to Discounted Employee Stock Purchase programs.

 

[moreluck]

They use to force you to buy OPL.........couldn't buy UPS stock without buying so many shares of OPL

 

[Re-Raise]

They use to force you to buy OPL.........couldn't buy UPS stock without buying so many shares of OPL

That was a long time ago before we went public.

 

[UpstateNYUPSer(Ret)]

They use to force you to buy OPL.........couldn't buy UPS stock without buying so many shares of OPL

That was a long time ago before we went public.

I think it was a 4:1 ratio of UPS stock to OPL.

 

[moreluck]

That was a long time ago before we went public.

Yes, back in dino time, but that was the way they did it.!!

 

[Re-Raise]

I think it was a 4:1 ratio of UPS stock to OPL.

Something like that. I think the units were about $43 the year before we went public. I pulled the trigger for 500 units the spring before they locked the purchases and went public. I put in half and my father put in half.

After they disolved OPL , I would get a liquidation check every so often for the shares. It actually ended up being a pretty decent purchase.

 

[anonymous6]

ok, the co proposes 50 % cut in wages and benefits. you'll vote for that?

407 steward.......i apologize. i think i quoted the wrong post before my reply.