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10-21-2009, 09:34 AM
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#26 | | Member
Join Date: Aug 2009
Posts: 54
Rep Power: 114 |  Re: Guess the MIP factor
Quote:
Originally Posted by UPScomputerGUY  My Guess? 3.0 ... along with an announcement the party is over ... MIP will be discontinued after 2009. |
Without an accompanying raise to make up for it, Id forsee a flood of people leaving UPS. Theres not much else holding people here now that we dont have a 401k contrib, discounted stock purchase plan, average health coverage, and threat of layoffs.
I just cant see it. Its much easier to just lead us cattle on by acting like it'll be high again one day while continuing to make it low.
A LOW MIP FACTOR IS AN UNANNOUNCED WAGE REDUCTION
Never forget that  | 
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10-21-2009, 03:21 PM
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#27 | | Junior Member
Join Date: Jan 2009
Posts: 28
Rep Power: 34 | Re: Guess the MIP factor
.9 is my guess. The recent announcement of creating new Marketing positions goes directly in line with getting back to profitability. I am not for adding new positions but am for choosing our customers with a better eye on the bottom line. | |
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10-21-2009, 04:43 PM
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#28 | | ModSta in Training
Join Date: Dec 2006 Location: Atlanta - Innoplex
Posts: 4,458
Rep Power: 9523 | Re: Guess the MIP factor
Quote:
Originally Posted by UPScomputerGUY My Guess? 3.0 ... along with an announcement the party is over ... MIP will be discontinued after 2009. | Quote:
Originally Posted by randomUPSISer
A LOW MIP FACTOR IS AN UNANNOUNCED WAGE REDUCTION
Never forget that | I always thought it was misleading when the Annual Pay review came in, it always had the MIP at 2.0.
I always created another Excel spreadsheet to review with management reporting to me that had the MIP at 1.0 instead of the 2.0.
I felt I had to do this to maintain a relationship with my reports based on honesty and a sense of integrity. UPS has not awarded a 2.0 MIP during our most profitable years in our company's history.
I agree that the MIP is probably on its way out and that is probably a good thing since it has become more of a demotivator than a motivator. I don't know of anyone who thinks there is any objectivity or fairness in the MIP anymore.
__________________ Pay no attention to what people say...observe their actions and above all else remember, "It is what it is".  Its a fascinating story, but as the Ferangi say, "A good lie is easier to believe than the truth." | 
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10-22-2009, 03:55 AM
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#29 | | Senior Member
Join Date: Mar 2008
Posts: 283
Rep Power: 2460 | Re: Guess the MIP factor
1.1 is my guess... | |
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10-22-2009, 07:49 AM
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#30 | | Senior Member
Join Date: Aug 2004
Posts: 719
Rep Power: 10958 | Re: Guess the MIP factor
Very good source says 1.2 Take it to the bank....
Not as bad as I thought it would be.
P-Man | |
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10-22-2009, 08:13 AM
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#31 | | Senior Member
Join Date: Apr 2007 Location: Sedona, Arizona - Red Rock Country
Posts: 1,443
Rep Power: 14539 | Re: Guess the MIP factor
This is just one more thing you really don't care about once you retire.
The irony is that I still have 2 years to wait before I get the last of the MIP that is now 30% less than when I earned it! Ya gotta love it!
__________________
"Artificial Intelligence is no match for Natural Stupidity!"
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10-22-2009, 08:16 AM
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#32 | | Junior Member
Join Date: Dec 2006 Location: Georgia
Posts: 24
Rep Power: 0 | Re: Guess the MIP factor
The number annouced is 1.2 | |
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10-22-2009, 09:46 AM
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#33 | | Senior Member
Join Date: Mar 2008
Posts: 283
Rep Power: 2460 | Re: Guess the MIP factor
Quote:
Originally Posted by brownIEman 1.1 is my guess... |
missed it by <.1> that much... | |
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10-22-2009, 09:47 AM
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#34 | | Senior Member
Join Date: Mar 2008
Posts: 283
Rep Power: 2460 | Re: Guess the MIP factor
Quote:
Originally Posted by raceanoncr I would venture to say, based on my years of MIP experience, that it will run out to be the multiplicative inverse of the hypotenouse triangle, times the SWAG factor, plus the SPOH initiative, minus the square root of the DIAD added to the IVIS score.
There. | I ran all this through the calculator real quick, and it came out to EXACTLY 1.2
HOW DID YOU KNOW?? | |
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10-22-2009, 03:28 PM
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#35 | | Member
Join Date: Apr 2006
Posts: 60
Rep Power: 23 | Re: Guess the MIP factor
I was barely wrong! | |
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10-22-2009, 05:50 PM
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#36 | | semi-pro
Join Date: Mar 2007 Location: Somewhere, USA
Posts: 219
Rep Power: 1520 | Re: Guess the MIP factor
When is the MIP factor officially released? Just curious...
Last edited by bad company; 10-22-2009 at 05:51 PM.
Reason: added "factor"
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10-22-2009, 06:49 PM
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#37 | | Man of Great Wisdom
Join Date: May 2005
Posts: 2,247
Rep Power: 13650 | Re: Guess the MIP factor
1.2 what? What does this number mean?
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On pace to hit 5000 posts by June of 2014. | |
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10-22-2009, 08:12 PM
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#38 | | Junior Member
Join Date: Jul 2006
Posts: 24
Rep Power: 0 | Re: Guess the MIP factor
Quote:
Originally Posted by brownmonster 1.2 what? What does this number mean? | For FT Supes, 1.2 x your monthly salary in UPS stock.
For Managers, 1.2 x 2 x your monthly salary. | |
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10-22-2009, 08:12 PM
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#39 | | Junior Member
Join Date: Jul 2006
Posts: 24
Rep Power: 0 | Re: Guess the MIP factor
Quote:
Originally Posted by bad company When is the MIP factor officially released? Just curious... | Today... | |
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10-23-2009, 09:29 AM
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#40 | | Senior Member
Join Date: Apr 2007 Location: Sedona, Arizona - Red Rock Country
Posts: 1,443
Rep Power: 14539 | Re: Guess the MIP factor
The MIP seems high considering it was such a bad year. It sounds like they are taking the lack of raises into consideration.
Good for you guys! I hope everything eases up so that you get raises in March!
__________________
"Artificial Intelligence is no match for Natural Stupidity!"
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10-23-2009, 03:12 PM
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#41 | | Member
Join Date: Aug 2009
Posts: 54
Rep Power: 114 | Re: Guess the MIP factor
Quote:
Originally Posted by UPS Lifer The MIP seems high considering it was such a bad year. It sounds like they are taking the lack of raises into consideration.
Good for you guys! I hope everything eases up so that you get raises in March! |
I was way off. I was SURE it would be sub 1!
I think you are 100% right. UPS has realized with all the other anal screwing they've been giving management this year that this was likely to be the "last straw" - especially with the economy seeming to pick back up. | |
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10-23-2009, 06:01 PM
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#42 | | Junior Member
Join Date: Jan 2007
Posts: 14
Rep Power: 0 | Re: Guess the MIP factor
The way they have the MIP set up now it will always be between 1.0 and 2.0. There are five items that they track or MIP elements. Each one is worth .2 We only hit the service portion so we get credit for .2. Its funny that the only one that is our (frontline mgmt) control, we make. | |
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10-26-2009, 11:55 PM
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#43 | | Senior Member
Join Date: Apr 2007 Location: Sedona, Arizona - Red Rock Country
Posts: 1,443
Rep Power: 14539 | Re: Guess the MIP factor
This reminds me of how a district manager tried to sell us on buying stock. Of course I have to preface this with this was before the real estate collapse.....
He said that buying UPS stock was a better deal than buying real estate. UPS stock had gone up by 15% and real estate had only gone up 10%. I laughed... real estate is leveraged and the stock isn't.
If you have $20,000 and you buy UPS stock and it goes up 15% that = $23,000.
If you put 20% down on a $100,000 house that = the same $20,000. If that house goes up by 10% you now have an investment of $30,000 which is $7,000 more than the stock.
Of course today.... all bets are off. Turn your money into gold!
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"Artificial Intelligence is no match for Natural Stupidity!"
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10-27-2009, 06:00 PM
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#44 | | Man of Great Wisdom
Join Date: May 2005
Posts: 2,247
Rep Power: 13650 | Re: Guess the MIP factor
I fail to see what my supes do to earn this 8 grand in free stock. It's not like they came up with anything creative to improve operations.
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On pace to hit 5000 posts by June of 2014. | |
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10-27-2009, 06:02 PM
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#45 | | ModSta in Training
Join Date: Dec 2006 Location: Atlanta - Innoplex
Posts: 4,458
Rep Power: 9523 | Re: Guess the MIP factor
Quote:
Originally Posted by brownmonster I fail to see what my supes do to earn this 8 grand in free stock. It's not like they came up with anything creative to improve operations. | Putting up with you is worth a couple grand.
__________________ Pay no attention to what people say...observe their actions and above all else remember, "It is what it is". Its a fascinating story, but as the Ferangi say, "A good lie is easier to believe than the truth." | |
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10-27-2009, 06:05 PM
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#46 | | Man of Great Wisdom
Join Date: May 2005
Posts: 2,247
Rep Power: 13650 | Re: Guess the MIP factor
Quote:
Originally Posted by Hoaxster Putting up with you is worth a couple grand. | Good point!
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On pace to hit 5000 posts by June of 2014. | |
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11-01-2009, 03:33 PM
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#47 | | Member
Join Date: Aug 2009
Posts: 54
Rep Power: 114 | Re: Guess the MIP factor
Quote:
Originally Posted by brownmonster I fail to see what my supes do to earn this 8 grand in free stock. It's not like they came up with anything creative to improve operations. | Its not really free money. UPS adds it into their base pay to end up with total pay. In essence, base pay is lower than normal market pay. Then MIP kicks in and takes them back up to normal market pay.
If the MIP were above a 2.0 factor, UPS management would get paid more than market pay. I highly doubt that ever happens again.
Dont look at it so much as a bonus, its really not despite how UPS wants its management employees to think it is. I cant say I've met many UPS management that wouldnt rather just have higher base pay and NO MIP. I know I would dump MIP in a heartbeat for a 1.2-1.5 MIP equivalent base pay raise. It would take the guess work and concern about if you'll even get that pay away. I certainly cant do anything to affect the MIP factor anyway | |
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11-01-2009, 04:14 PM
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#48 | | Member
Join Date: Sep 2009
Posts: 394
Rep Power: 1002 | Re: Guess the MIP factor
Quote:
Originally Posted by brownmonster I fail to see what my supes do to earn this 8 grand in free stock. It's not like they came up with anything creative to improve operations. | "8 grand"????
You're being very generous!!! | |
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11-01-2009, 04:34 PM
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#49 | | ModSta in Training
Join Date: Dec 2006 Location: Atlanta - Innoplex
Posts: 4,458
Rep Power: 9523 | Re: Guess the MIP factor
Quote:
Originally Posted by Dis-organized Labor "8 grand"????
You're being very generous!!! | I guess he assumed it would be at least as much as a driver makes in a month at an average 9.5 paid day.
__________________ Pay no attention to what people say...observe their actions and above all else remember, "It is what it is". Its a fascinating story, but as the Ferangi say, "A good lie is easier to believe than the truth." | |
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