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| Pension for ManagementThis is a discussion on Pension for Management within the UPS Discussions forums, part of the Brown Cafe UPS Forum category; With the Teamster Pension being enhanced will UPS also improve their Management Pension ?.....Will it be the same as the ...  | 
12-05-2007, 07:27 AM
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 #1 | | Anonymous |  Pension for Management
With the Teamster Pension being enhanced will UPS also improve their Management Pension ?.....Will it be the same as the best Teamster or Mechanic Pension ?..... | |
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12-05-2007, 04:30 PM
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#2 | | Senior Member
Join Date: Feb 2006 Location: North East
Posts: 206
Rep Power: 1492 | Re: Pension for Management
Quote:
Originally Posted by Brown Stud  With the Teamster Pension being enhanced will UPS also improve their Management Pension ?.....Will it be the same as the best Teamster or Mechanic Pension ?..... |
Thanks, I needed a laugh....  | 
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12-08-2007, 11:48 AM
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#3 | | Member
Join Date: Oct 2006
Posts: 66
Rep Power: 262 | Re: Pension for Management
Stud
It'd be nice if they did something but they've been screwing Mgmt for a while now and don't think that's likely to change. | |
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12-08-2007, 11:59 AM
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#4 | | Senior Member
Join Date: Nov 2006
Posts: 112
Rep Power: 58 | Re: Pension for Management
Quote:
Originally Posted by Brown Stud With the Teamster Pension being enhanced will UPS also improve their Management Pension ?.....Will it be the same as the best Teamster or Mechanic Pension ?..... | Enhanced Really???? | |
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12-08-2007, 12:06 PM
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#5 | | Member
Join Date: May 2007
Posts: 39
Rep Power: 224 | Re: Pension for Management
What about the new Envision strategy for UPS management? Ehancements to the total management compensation system are coming! | |
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12-08-2007, 01:36 PM
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#6 | | semi-pro
Join Date: Mar 2007 Location: Somewhere, USA
Posts: 152
Rep Power: 1390 | Re: Pension for Management
Quote:
Originally Posted by SimpleUPSer What about the new Envision strategy for UPS management? Ehancements to the total management compensation system are coming! | For those of us who are not in the loop, could you please elaborate on this? Thanks. | 
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12-08-2007, 01:54 PM
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#7 | | Senior Member
Join Date: Jan 2004
Posts: 181
Rep Power: 363 | Re: Pension for Management
"For those of us who are not in the loop, could you please elaborate on this? Thanks."
If it is announced to the public, then the information could be posted here. If it is not in the public domain, it should not be posted here. As a shareholder, do you not agree? | |
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12-08-2007, 03:47 PM
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#8 | | Member
Join Date: May 2007
Posts: 39
Rep Power: 224 | Re: Pension for Management
Sorry, thought many folks new what it was. There is information out at UPSers.com. Management and I believe the non-union hourly participated in a survey earlier this year and this is the culmination of all of the information they gathered. Here is the description from UPSers.com envision – Your Life | Your UPS is the overarching theme that encompasses the total employee experience – your pay, your benefits, your career, and your work environment.
It is our investment in each and every UPSer. We're taking a holistic look at the employee experience at UPS, UPSers’ total experience — both personally and professionally. As our business continues to evolve, our approach to engaging employees must keep pace. You are the difference maker for our customers and for UPS's continued success. envision – Your Life | Your UPS encourages you to build upon what you have experienced in the past or are experiencing today, and illustrates the possibilities and potential of your UPS employee experience.
Not much more than that as of yet. My understanding is that they are still making decisions on what/how to roll things out. | |
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12-08-2007, 06:39 PM
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#9 | | I live dilbert
Join Date: May 2000
Posts: 8,538
Rep Power: 22454 | Re: Pension for Management
I hope the rumors of a pension buy at the rumored formula are true.
__________________  If you are the christ child then come on Obama walk across my swimming pool. | |
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12-08-2007, 07:03 PM
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#10 | | Member
Join Date: Dec 2006
Posts: 62
Rep Power: 435 | Re: Pension for Management
Quote:
Originally Posted by SimpleUPSer Sorry, thought many folks new what it was. There is information out at UPSers.com. Management and I believe the non-union hourly participated in a survey earlier this year and this is the culmination of all of the information they gathered. Here is the description from UPSers.com | I'm sure they decided EXACTLY what they were going to do way before that silly survey went out. | |
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12-09-2007, 03:32 AM
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#11 | | Member
Join Date: Oct 2006
Posts: 66
Rep Power: 262 | Re: Pension for Management
Quote:
Originally Posted by boiled frog I'm sure they decided EXACTLY what they were going to do way before that silly survey went out. | Agree! I think the "results" of the survey are going to "reflect" what "we" asked for.....and they're gonaa give it to us.... | |
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12-09-2007, 04:31 AM
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#12 | | Senior Member
Join Date: Sep 2006
Posts: 243
Rep Power: 220 | Re: Pension for Management
envision – Your Life | Your UPS is the overarching theme that encompasses the total employee experience – your pay, your benefits, your career, and your work environment.
It is our investment in each and every UPSer. We're taking a holistic look at the employee experience at UPS, UPSers’ total experience — both personally and professionally. As our business continues to evolve, our approach to engaging employees must keep pace. You are the difference maker for our customers and for UPS's continued success. envision – Your Life | Your UPS encourages you to build upon what you have experienced in the past or are experiencing today, and illustrates the possibilities and potential of your UPS employee experience.
Sounds to me like UPS is trying to dangle a carrot in front of all the younger disgruntled management folks to keep them from leaving. JMO | |
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12-09-2007, 05:49 AM
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#13 | | Senior Member
Join Date: Aug 2004
Posts: 286
Rep Power: 7701 | Re: Pension for Management
Quote:
Originally Posted by DorkHead envision – Your Life | Your UPS is the overarching theme that encompasses the total employee experience – your pay, your benefits, your career, and your work environment.
It is our investment in each and every UPSer. We're taking a holistic look at the employee experience at UPS, UPSers’ total experience — both personally and professionally. As our business continues to evolve, our approach to engaging employees must keep pace. You are the difference maker for our customers and for UPS's continued success. envision – Your Life | Your UPS encourages you to build upon what you have experienced in the past or are experiencing today, and illustrates the possibilities and potential of your UPS employee experience.
Sounds to me like UPS is trying to dangle a carrot in front of all the younger disgruntled management folks to keep them from leaving. JMO | There is an Envision presentation that goes into more detail.
There was no promise of increasing benefits. What they alluded to was that benefits may be more taylored to indivuduals, and that they are trying to listen to what people want rather than just making a decision.
They stressed that people should log onto UPSers.Com to give feedback.
I'll bet that individual pension will come (at least as an option).
P-Man | |
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12-09-2007, 05:52 PM
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#14 | | Member
Join Date: May 2006
Posts: 81
Rep Power: 196 | Re: Pension for Management
Tie,
What's The Formula That You Are Hearing? There Is No Doubt That Many Changes Are Coming Soon. Timing And How They Implement These Changes Will Be The Key!
Remember The Big Fish Always Eats The Little Ones! | |
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12-15-2007, 10:08 AM
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#15 | | Junior Member
Join Date: Jan 2003
Posts: 20
Rep Power: 0 | Re: Pension for Management
Yes Tie...could you share the forumla???
Thanks
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"It rubs the lotion on its skin or else it gets the hose again." | |
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12-15-2007, 11:08 AM
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#16 | | Anonymous | Re: Pension for Management
Quote:
Originally Posted by brownblood Yes Tie...could you share the forumla???
Thanks | .....When UPS used the terms "holistic" & "enhanced" it seems they mean that the supervisors & managers will be again getting the Big Brown Shaft !!!.......Will there be an UPSide to all this ?....... | |
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12-20-2007, 01:58 PM
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#17 | | Junior Member
Join Date: Jan 2003
Posts: 20
Rep Power: 0 | Re: Pension for Management
NH Guy, the formula was listed in the thread entitled "Management Buy Out-Pension Cut"
I have enclosed the link but the fomula was:
Monthly Salary * Years of Service * 23 * .20
Part of the rumor was this was for only grade 18s or above...we will see... http://www.browncafe.com/forum/ups_d...nsion_cut.html
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