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Brown Cafe UPS Forum
UPS Union Issues
ups ceo total compensation package
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<blockquote data-quote="Catatonic" data-source="post: 972457" data-attributes="member: 7966"><p>It's even more unlikely that the Teamster's would agree to it.</p><p>It does not fit the Union approach.</p><p></p><p>UPS actually tried this in the past along with other non-wage compensations. </p><p>Although a few bonus payments did get through, the Union was not happy about it.</p><p></p><p>Also, you can buy UPS stock anytime you want to with your leftover wages.</p><p>I believe you are eligible for the DESPP which gets you the same thing at your option.</p><p></p><p>The MIP where UPS gets stock, RSU's or cash, is not an augmentation to their salary.</p><p>It is part of their compensation and is presented as such to new hires.</p><p>I imagine most suits would rather have the stock award in their salary these days.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 972457, member: 7966"] It's even more unlikely that the Teamster's would agree to it. It does not fit the Union approach. UPS actually tried this in the past along with other non-wage compensations. Although a few bonus payments did get through, the Union was not happy about it. Also, you can buy UPS stock anytime you want to with your leftover wages. I believe you are eligible for the DESPP which gets you the same thing at your option. The MIP where UPS gets stock, RSU's or cash, is not an augmentation to their salary. It is part of their compensation and is presented as such to new hires. I imagine most suits would rather have the stock award in their salary these days. [/QUOTE]
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