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UPS Partners
2012 Pay band.......
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<blockquote data-quote="whatwasithinking" data-source="post: 920267" data-attributes="member: 34002"><p>This % raise always bothers me...I could be the best (mgr,sup, any level) and my raise will be roughly 3-4% and I could be the worst and my raise (unless I really screwed up) would be roughly 2-3%. Big fricking deal. The only incentive to do well is your own pride and service to our customers, or to get promoted. Nowadays, who really wants to get promoted and deal with the grief that your mgr has to deal with?? Maybe it's just unique in my part of the country, but I certainly don't want their job and the headache that entails. Sure the extra stock would be nice, but since the stock has barely moved and has given no indication of an eventual split, it doesn't seem to be incentive enough. The bottom line is that virtually any management person that is 45 or under, will have to get another job if they are able to retire at 55. I see no opportunity to retire wealthy like previous generations of UPS mgmt folks. Take a look at the holdings of the managment committee members, it doesn't even look like they will retire with more than $3-5 million. While that's a lot, it is still significantly less than thousands of retirees that retired throughout the 90's and early 00's. Of course, I don't know that to be a fact, but hypothecation has been out the window since 99, so I don't know how anyone can significantly increase their holdings based on recent MIP awards. In my opinion, mgmt pay needs to be increased at all levels (to provide hourly employees incentive) and the money we pay for health care needs to be decreased or eliminated. I am sure some may disagree and think that UPS is doing all the right things, but I don't see too many (any, for that matter) drivers banging down the door to join the management ranks. I hope somewhere in the country they are, or I really fear for the future of our company.</p></blockquote><p></p>
[QUOTE="whatwasithinking, post: 920267, member: 34002"] This % raise always bothers me...I could be the best (mgr,sup, any level) and my raise will be roughly 3-4% and I could be the worst and my raise (unless I really screwed up) would be roughly 2-3%. Big fricking deal. The only incentive to do well is your own pride and service to our customers, or to get promoted. Nowadays, who really wants to get promoted and deal with the grief that your mgr has to deal with?? Maybe it's just unique in my part of the country, but I certainly don't want their job and the headache that entails. Sure the extra stock would be nice, but since the stock has barely moved and has given no indication of an eventual split, it doesn't seem to be incentive enough. The bottom line is that virtually any management person that is 45 or under, will have to get another job if they are able to retire at 55. I see no opportunity to retire wealthy like previous generations of UPS mgmt folks. Take a look at the holdings of the managment committee members, it doesn't even look like they will retire with more than $3-5 million. While that's a lot, it is still significantly less than thousands of retirees that retired throughout the 90's and early 00's. Of course, I don't know that to be a fact, but hypothecation has been out the window since 99, so I don't know how anyone can significantly increase their holdings based on recent MIP awards. In my opinion, mgmt pay needs to be increased at all levels (to provide hourly employees incentive) and the money we pay for health care needs to be decreased or eliminated. I am sure some may disagree and think that UPS is doing all the right things, but I don't see too many (any, for that matter) drivers banging down the door to join the management ranks. I hope somewhere in the country they are, or I really fear for the future of our company. [/QUOTE]
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