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Eliminating MIP below Level 20
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<blockquote data-quote="FracusBrown" data-source="post: 749962" data-attributes="member: 29360"><p>About 28k for a manager. 13k for a sup. unless you consider that you really only get half the year of the award. 1st year of elimination would reduce w2 by approx 14k and 6.5k respectively since you continue to vest past years MIP. </p><p> </p><p>It's no secret that the board is progressively reducing management compensation. Industry standard is the buzzword and the target. </p><p></p><p>No sense directing your anger at me. The facts are the facts. </p><p> </p><p>Take a look at what you have lost in compensation over the last 7-10 years and figure out where your compensation would be if they hadn't made the changes. One step at a time management compensation is systematically being whittled away.</p></blockquote><p></p>
[QUOTE="FracusBrown, post: 749962, member: 29360"] About 28k for a manager. 13k for a sup. unless you consider that you really only get half the year of the award. 1st year of elimination would reduce w2 by approx 14k and 6.5k respectively since you continue to vest past years MIP. It's no secret that the board is progressively reducing management compensation. Industry standard is the buzzword and the target. No sense directing your anger at me. The facts are the facts. Take a look at what you have lost in compensation over the last 7-10 years and figure out where your compensation would be if they hadn't made the changes. One step at a time management compensation is systematically being whittled away. [/QUOTE]
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Eliminating MIP below Level 20
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