G&A ERI

What are the ERI Results ?? Does it matter ??
I was reminded again today that my porfolio manager's QPR is tied to ERI results...
Wonder if that gives him more $$$ in LTIP....

so G&A participation #s improved dramatically in a few days and the App Mgr's scores were excellent---coincidence??? I think not---maybe it had something to do with the PL's being told to take the survey NUMEROUS times and give excellent scores each time....what a farce...the numbers are phony and the unflattering comments are deleted by the "G&A" programmer who is responsible for the application...we are all SO naive...KES, how many times did YOU take it??? Same question for you, LAP---

Originally Posted by ERI #'s FIXED

so G&A participation #s improved dramatically in a few days and the App Mgr's scores were excellent---coincidence??? I think not---maybe it had something to do with the PL's being told to take the survey NUMEROUS times and give excellent scores each time....what a farce...the numbers are phony and the unflattering comments are deleted by the "G&A" programmer who is responsible for the application...we are all SO naive...KES, how many times did YOU take it??? Same question for you, LAP---

LAP...as in LAPDOG? Oh, irony...

LAP as in Lacks Any Principles----~~~!!!

Originally Posted by ERI #'s FIXED

so G&A participation #s improved dramatically in a few days and the App Mgr's scores were excellent---coincidence??? I think not---maybe it had something to do with the PL's being told to take the survey NUMEROUS times and give excellent scores each time....what a farce...the numbers are phony and the unflattering comments are deleted by the "G&A" programmer who is responsible for the application...we are all SO naive...KES, how many times did YOU take it??? Same question for you, LAP---

G & A programmer....would their initials bookend the word DOG? if it does...that's just too fitting

Originally Posted by rups

The folks at the top of the IT food chain seemed to be very disconnected from the folks at the bottom.

Observe the reading materials sitting in the mailboxes next time you are in an IS building - Software Times, Computerworld, E-Week, etc.

The bosses might want to consider investing more time in sharing the IT strategy instead of the small package strategy or at a minimum, find a better way to tie the 2 strategies together.

Well, isn't that because the one's that could or would read the material are gone?

Sorry to blow your theory ERI # Fixed, I only took it once.

[jehardrock]

Could someone tell me what G&A stands for? I am an ISer outside of NJ.

G & A = General & Administrative (portfolio)

[peacock71]

I am not su8re what G&A stands for these days, but I think you whiners should spend some time getting the portal back up and running, Its hard for us retirees to figure out what HR means by HTTP 500, page not found (in the policy book?), and getting a remote access screen.

Without the portal us poor retirees don't know what to do before early golf on a Sunday.
Might have to go to church or somethin'.

Go UPS!
(never met an ERI I didn;t like)
P71

[Brown Dog]

General apathy! most employees have taken the ERI for years and years with very little sign of it doing any good or anything being acted upon it. I take it every year, I think it's like voting, but I question the % of positives that UPS says it gets back.:confused1

Generic A$$kissers

that's very good---generic in the sense that they don't care whose rear it is, they will simply go with the flow and kiss it anyway...

Originally Posted by Anonymous G&A

What are the ERI Results ?? Does it matter ??
I was reminded again today that my porfolio manager's QPR is tied to ERI results...
Wonder if that gives him more $$$ in LTIP....

ERI has nothing to do with LTIP........get your facts correct...........ERI is work enviorment
The G&A portfolio had the highest ERI in application development. Up 3 points over last year.
Did you hear that ????

[Dfigtree]

Originally Posted by ERI results

ERI has nothing to do with LTIP........get your facts correct...........ERI is work enviorment
The G&A portfolio had the highest ERI in application development. Up 3 points over last year.
Did you hear that ????

Ah! The old UPS rhetoric. I've missed it for so long.
Here are the facts although they are somewhat disguised by the English language ...

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(e)
On March 1, 2007, the Compensation Committee of the Board of Directors of United Parcel Service, Inc. (the “Company”) approved the award of restricted stock units (“RSUs”) to be granted as UPS 2007 Long-Term Incentive Performance Awards (“2007 LTIP”), and the related performance and earnings criteria for 2007. Under the 2007 LTIP, RSUs representing shares of class A common stock are awarded to executive officers, officers and certain other eligible managers pursuant to a RSU award agreement. Target RSU award grants range in size from 50% to 250% of annual salary. The 2007 LTIP is authorized under the UPS Incentive Compensation Plan that has previously been approved by the Company’s shareowners and filed with the SEC.
Of the total target award, 90% of the target award will be divided into three substantially equal tranches, one for each calendar year in the three-year award cycle from 2007 to 2009. The specific performance measures and targets for each such tranche will be determined by the Committee either before or within the first quarter of the calendar year in which the performance is measured. The number of RSUs earned each year will be the target number adjusted for the percentage achievement of performance criteria targets for the year based on a matrix developed by the Committee that will provide for 100% payment of the target RSUs for the tranche upon 100% achievement of the performance criteria targets for the year. The matrix also may provide for payment of a percentage less than or more than 100% of target RSUs for the tranche based on achievement of performance criteria targets (as determined by the Committee) at a percentage less than or more than 100%. The performance criteria approved by the Committee for 2007 include consolidated operating return on invested capital and growth in consolidated revenue. The performance criteria will be determined by the Committee in its discretion. The Committee will retain the discretion to adjust the Company’s results during the award cycle to exclude the effects of certain transactions and accounting changes for purposes of determining achievement of the performance criteria. The award, if earned, will vest on January 31, 2010, provided the participant is employed as of the vesting date. Special vesting rules apply to terminations by reason of death, disability or retirement.
Of the total target award, 10% of the target award will be based upon the Company’s achievement of adjusted earnings per share for the three-year award cycle compared to a target designated by the Committee at the start of the award cycle. The Committee will retain the discretion to adjust the Company’s results during the award cycle to exclude the effects of certain transactions and accounting changes for purposes of determining achievement of this earnings target. If the target is met (as determined by the Committee) the award will vest on January 31, 2010, provided the participant is employed as of the vesting date.
A participant’s earned RSU account will be adjusted quarterly for dividends paid on UPS class A common stock. The RSU awards that vest will be paid in the form of UPS class A shares on March 12, 2010 (or earlier in the event of death).

[freeloader]

Forgive me for asking, but the work environment up there in Mahwah, Morristown and Paramus is much different that ours at the district level. We have our own problems with PMT, HDFS, micro-managing, etc. Maybe you can enlighten us as to what your world is like. What are you daily obstacles? What's the work politics like?

We've always been hounded to take the ERI as well, but we only take it once and I'm sure ours is alot different than yours. We don't have PL's, Project Managers, Portfolio Managers, etc. Why would they want you to take it more than once?

I had considered pursuing something in corporate IS, but no one ever really paid attention to district TSG. I'm just really curious to know what the whole corporate IS environment is like.

[Dfigtree]

Originally Posted by freeloader

. We have our own problems with PMT, HDFS, micro-managing, etc.

Weren't you let go from TSG more than a year ago?

[freeloader]

I guess I should be speaking in the past tense. Yes, it's been just over a year since I left UPS but it seems like sometimes I speak like I still work there.

I just discovered this place about a week ago, so it's information overload for me right now. I had been on the Package Smashers board but there is not much activity there, none from at all from TSG folk. This is a great place to vent and find others TSGers who were in the same boat I was. I was with UPS for almost 20 years so it was tough to walk away.

Originally Posted by ERI taker #57

G & A programmer....would their initials bookend the word DOG? if it does...that's just too fitting

Once again another lie. PLs such as myself took the ERI in a separate group for P/Ls to allow us to comment and score our experience at UPS. The PL score was 90 for G&A. The number of P/Ls who took it was not greater than the Portfolio P/L population.

Why stir the coal and try to create a problem that does not exist.

Time would be better spent finding sales leads or helping to get the release completed on time.

things must be better in Morristown than they are in Ramsey...thus your comment to 'get the release out on time' makes perfect sense...it would be great if all we had to worry about in Ramsey was getting our work done...!

maybe it has something to do with your app mgr being a much better person than our app mgr...our app mgr is so insecure she was threatened by the lady that ran the cafeteria, and had a big hand in getting rid of her...I guess our app mgr couldn't understand why people in Ramsey had more respect for the cafeteria lady than a high level manager...imagine feeling threatened by a person that didn't even work for UPS..???

how about an informal Ramsey poll? who do you like better, cafeteria lady or the thorny rose?

Mr KGR This was 2 years ago when Ramsey cafeteria closed and the lady moved to Mahwah....yet one more lie..request to move to Morristown...i am sure they will be more than happy to move YOU.

KGR??????????????

I vote for Cafeteria Lady !!! ---and I only voted once, unlike our managers who inflated the ERI scores by voting multiple times..!! GO REDSOX---!!!!

Originally Posted by truth be told eri

how about an informal Ramsey poll? who do you like better, cafeteria lady or the thorny rose?

not a fair poll.....caf lady and thorny rose have something in common in that both are useless

Well, if you think you are so much better and your opinion matters why did't you tell her that or at list why did't you put your comments in ERI? O no, big boy, you would rather spill your venom on the Brown Cafe...it says so much about you ...