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<blockquote data-quote="rod" data-source="post: 266273" data-attributes="member: 5382"><p>Not quite the whole picture<img src="/community/styles/default/xenforo/smilies/FeltTip/sad-little.png" class="smilie" loading="lazy" alt=":sad-little:" title="Sad Little :sad-little:" data-shortname=":sad-little:" /> As an hourly employee I wasn't "allowed" to buy stock until I believe 1996. Up until that time the ONLY people "allowed" to purchace stock was management. As an hourly employee I was "permitted" to invest a whole 6 bucks a week in the Thrift Plan. At that time the Thrift Plan piad on the average around 18-22% (until UPS put a cap on it and ruined that) Oh how we begged to be able to invest more and to be able to buy stock but that perk was for management only. Management was also given stock as bonuses for getting their centers to perform up to UPS expectations. A LOT of management became overnight millionaires when the company went public and the stock did split. I just recently sold my shares that I was "allowed" to finally purchase for 27 bucks for $74.68 - not bad but no where near the $1680 that is being quoted here. It would of been great though if we had really been a true part of the company.</p></blockquote><p></p>
[QUOTE="rod, post: 266273, member: 5382"] Not quite the whole picture:sad-little: As an hourly employee I wasn't "allowed" to buy stock until I believe 1996. Up until that time the ONLY people "allowed" to purchace stock was management. As an hourly employee I was "permitted" to invest a whole 6 bucks a week in the Thrift Plan. At that time the Thrift Plan piad on the average around 18-22% (until UPS put a cap on it and ruined that) Oh how we begged to be able to invest more and to be able to buy stock but that perk was for management only. Management was also given stock as bonuses for getting their centers to perform up to UPS expectations. A LOT of management became overnight millionaires when the company went public and the stock did split. I just recently sold my shares that I was "allowed" to finally purchase for 27 bucks for $74.68 - not bad but no where near the $1680 that is being quoted here. It would of been great though if we had really been a true part of the company. [/QUOTE]
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