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Do we deserve $32+/hour
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<blockquote data-quote="beentheredonethat" data-source="post: 1118436" data-attributes="member: 4886"><p>Everybody.. BTW.. the board of directors really isn't paid all that much per year when you consider their expertise. In 2011, they are paid 90K as a retainer, 150K in stock grants and 15-20K more if they are a committee chairperson. So roughly each is paid what we pay 2 drivers if you include salary, HW, Pension etc. You need to realize, the board of directors bring expertise in their specific markets. For example, Dr Candace Kendle is an expert in the biopharmaceutical field and cofounded, and was CEO and chairman of a company. She knows what is needed in this field that UPS can provide to that sector of the market. Her insight is invaluable. Look at all the business we have now in this sphere. Look at the revenues our SCS division gets by warehousing in temperature controlled storage for pharmaceuticals. There are very very few people with this kind of knowledge and expertise. It's not like we can replace her with a kid with a BS in biology.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1118436, member: 4886"] Everybody.. BTW.. the board of directors really isn't paid all that much per year when you consider their expertise. In 2011, they are paid 90K as a retainer, 150K in stock grants and 15-20K more if they are a committee chairperson. So roughly each is paid what we pay 2 drivers if you include salary, HW, Pension etc. You need to realize, the board of directors bring expertise in their specific markets. For example, Dr Candace Kendle is an expert in the biopharmaceutical field and cofounded, and was CEO and chairman of a company. She knows what is needed in this field that UPS can provide to that sector of the market. Her insight is invaluable. Look at all the business we have now in this sphere. Look at the revenues our SCS division gets by warehousing in temperature controlled storage for pharmaceuticals. There are very very few people with this kind of knowledge and expertise. It's not like we can replace her with a kid with a BS in biology. [/QUOTE]
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