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Why should I care?
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<blockquote data-quote="Channahon" data-source="post: 496525" data-attributes="member: 7666"><p>I had one of those options that expired this year, and did nothing with it. Dissapointing, absolutely, but I never really factored stock options into my retirement, to me it was an added bonus to my MIP, which was part of my salary.</p><p> </p><p>As far as the current management moaning about the stock price, well, that's just human nature. They received no raises this year, 401K's are suspended, and in some cases their workloads have increased due to district consolidations, or management postions not being filled due to attrition. </p><p> </p><p>UPS is doing what it needs to do in this horrible economy, which is not only impacting hourly union and non union employees, but management as well. </p><p> </p><p>Overall, I think UPS is faring better than other companies, that have received government bailout money and are still struggling in this economy.</p><p> </p><p>There have been recessions before in the country, and the US has recovered, how long it will take is anyone's guess.</p></blockquote><p></p>
[QUOTE="Channahon, post: 496525, member: 7666"] I had one of those options that expired this year, and did nothing with it. Dissapointing, absolutely, but I never really factored stock options into my retirement, to me it was an added bonus to my MIP, which was part of my salary. As far as the current management moaning about the stock price, well, that's just human nature. They received no raises this year, 401K's are suspended, and in some cases their workloads have increased due to district consolidations, or management postions not being filled due to attrition. UPS is doing what it needs to do in this horrible economy, which is not only impacting hourly union and non union employees, but management as well. Overall, I think UPS is faring better than other companies, that have received government bailout money and are still struggling in this economy. There have been recessions before in the country, and the US has recovered, how long it will take is anyone's guess. [/QUOTE]
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