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
Eliminating MIP below Level 20
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="Popeye" data-source="post: 749969" data-attributes="member: 29236"><p>MIP is worth less than cash, so if they're going to replace MIP with an increase in cash compensation it would be a plus. The days when UPS could reasonably expect management people to invest their life savings in company stock are long gone. Only a fool would do it now. By going public and introducing Market Risk, the game was changed entirely. Why do you think they started withholding half of the MIP a few years ago? MIP went from something everyone wanted to something nobody wanted. The only way they could get people to hold UPS stock was to force it on them. And look where we are now. By the time you're vested in each year's withheld MIP it's worth far less that it was when the award was made. It's just as well, since any notion of UPS management people working together toward common goals is also a distant memory. Now it's cutthroat, back-stabbing or whatever else it takes to "succeed" at someone else's expense.</p></blockquote><p></p>
[QUOTE="Popeye, post: 749969, member: 29236"] MIP is worth less than cash, so if they're going to replace MIP with an increase in cash compensation it would be a plus. The days when UPS could reasonably expect management people to invest their life savings in company stock are long gone. Only a fool would do it now. By going public and introducing Market Risk, the game was changed entirely. Why do you think they started withholding half of the MIP a few years ago? MIP went from something everyone wanted to something nobody wanted. The only way they could get people to hold UPS stock was to force it on them. And look where we are now. By the time you're vested in each year's withheld MIP it's worth far less that it was when the award was made. It's just as well, since any notion of UPS management people working together toward common goals is also a distant memory. Now it's cutthroat, back-stabbing or whatever else it takes to "succeed" at someone else's expense. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Partners
Eliminating MIP below Level 20
Top