Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Buyout in 2013
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="pretzel_man" data-source="post: 1072991" data-attributes="member: 927"><p>Raises this year will average 2.75% as previously. (maybe 3%) Is that good? Nope.....</p><p></p><p>However, contrary to popular belief, the demon is NOT being a public company. Its NOT IE. Its NOT the management committee.</p><p></p><p>I completed my 37th peak season this year. I don't recall life being a cakewalk when we were private. We worked long hours. Production was king. There were struggles every day. Just like now.</p><p></p><p>An MIP above 1.5 was considered great, and 2.0 was considered HUGE. The difference was that back then, the stock grew. We got our reward every 3 months when the board met.</p><p></p><p>Growth was the magic of UPS. The changes that are seen as negative today are unfortunately necessary to get the meager growth (or maintenance) of the stock price.</p><p></p><p>Another thing.... When we were private, we maintained a PE ratio of 12 to 14. We are well above that now. If net profits grow, so will stock. Its unfortunate that so many complain about things designed to grow net profits when that is what is needed.</p><p></p><p>The enemy is the competition. We need our packages back. They are being moved by a non-union, contractor workforce. </p><p></p><p> Finally, there is no point in discussing the money grade 20's and above make. Its immaterial to the overall stock price. Do the math.....</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 1072991, member: 927"] Raises this year will average 2.75% as previously. (maybe 3%) Is that good? Nope..... However, contrary to popular belief, the demon is NOT being a public company. Its NOT IE. Its NOT the management committee. I completed my 37th peak season this year. I don't recall life being a cakewalk when we were private. We worked long hours. Production was king. There were struggles every day. Just like now. An MIP above 1.5 was considered great, and 2.0 was considered HUGE. The difference was that back then, the stock grew. We got our reward every 3 months when the board met. Growth was the magic of UPS. The changes that are seen as negative today are unfortunately necessary to get the meager growth (or maintenance) of the stock price. Another thing.... When we were private, we maintained a PE ratio of 12 to 14. We are well above that now. If net profits grow, so will stock. Its unfortunate that so many complain about things designed to grow net profits when that is what is needed. The enemy is the competition. We need our packages back. They are being moved by a non-union, contractor workforce. Finally, there is no point in discussing the money grade 20's and above make. Its immaterial to the overall stock price. Do the math..... [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Buyout in 2013
Top