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UPS Partners
Changes in Management Compensation?
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<blockquote data-quote="beentheredonethat" data-source="post: 782987" data-attributes="member: 4886"><p>I don't think it's an entirely Woe is me attitude. My point is that there's been a lot of changes to management compensation. Mostly for the worse. To a large extent the negatives are impacting the new mgmt (and future) mgmt more then the current mgmt who plan on staying til they retire. </p><p>As other people have said on other threads, the feeling of partnership is pretty much dead for mgrs and supervisors. New supervisors don't have the same dedication and work the same hours as those did in the past. But truthfully I can't blame them. UPS keeps touting that this will align us with other companies. You can't expect to get superior results with average compensation. I'm concerned as a stockholder that in 10 -15 years down the line, when a lot of longer term UPS mgmt retires we won't have a great mgmt team to take over the company. Since the smart move for younger mgmt is to leave since all you'll get is industry average and be expected to put in more then industry average hours. </p><p></p><p></p><p>As for how the changes will affect us. First for 2011 payout, the company will only pay a portion of the 2011 MIP that year, and in 2012 they will pay the rest of it. So for those two years, they will pay out one net MIP amount (just spread over two payments). </p><p>Also, I did payroll in the past, we always looked at raise time to see what the mgmt person was it in regards to their monthly pay for midpoint and max pay. By giving the half month as part of the monthly pay. Unless they change the guidelines for midpoints and max monthly pay. It will negatively affect peoples future raises too. </p><p></p><p>I've been around over 20 years, and it just seems that mgmt is getting the short end over and over. For me, I still realize I make a decent salary. (Nothing outstanding, but the pension, vacations etc) make it so staying for another 10 years makes sense for me. It doesn't make sense to lose that and start again somewhere else.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 782987, member: 4886"] I don't think it's an entirely Woe is me attitude. My point is that there's been a lot of changes to management compensation. Mostly for the worse. To a large extent the negatives are impacting the new mgmt (and future) mgmt more then the current mgmt who plan on staying til they retire. As other people have said on other threads, the feeling of partnership is pretty much dead for mgrs and supervisors. New supervisors don't have the same dedication and work the same hours as those did in the past. But truthfully I can't blame them. UPS keeps touting that this will align us with other companies. You can't expect to get superior results with average compensation. I'm concerned as a stockholder that in 10 -15 years down the line, when a lot of longer term UPS mgmt retires we won't have a great mgmt team to take over the company. Since the smart move for younger mgmt is to leave since all you'll get is industry average and be expected to put in more then industry average hours. As for how the changes will affect us. First for 2011 payout, the company will only pay a portion of the 2011 MIP that year, and in 2012 they will pay the rest of it. So for those two years, they will pay out one net MIP amount (just spread over two payments). Also, I did payroll in the past, we always looked at raise time to see what the mgmt person was it in regards to their monthly pay for midpoint and max pay. By giving the half month as part of the monthly pay. Unless they change the guidelines for midpoints and max monthly pay. It will negatively affect peoples future raises too. I've been around over 20 years, and it just seems that mgmt is getting the short end over and over. For me, I still realize I make a decent salary. (Nothing outstanding, but the pension, vacations etc) make it so staying for another 10 years makes sense for me. It doesn't make sense to lose that and start again somewhere else. [/QUOTE]
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