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Brown Cafe UPS Forum
UPS Partners
Eliminating MIP below Level 20
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<blockquote data-quote="FracusBrown" data-source="post: 751187" data-attributes="member: 29360"><p>What makes you think they would have to pay overtime? Management is a salary position exempt from overtime pay by the US Dept of Labor. </p><p></p><p></p><p></p><p>The bigger piece of the pie theory would have been a reality before the MIP program was rewritten. Now the amount awarded is based upon an arbitrary amount determined by the board. Under the old program 15% of before tax profit was divided up between the MIP participants based upon salary. Less participants meant more per person. Less participants now just mean less expense to the company.</p></blockquote><p></p>
[QUOTE="FracusBrown, post: 751187, member: 29360"] What makes you think they would have to pay overtime? Management is a salary position exempt from overtime pay by the US Dept of Labor. The bigger piece of the pie theory would have been a reality before the MIP program was rewritten. Now the amount awarded is based upon an arbitrary amount determined by the board. Under the old program 15% of before tax profit was divided up between the MIP participants based upon salary. Less participants meant more per person. Less participants now just mean less expense to the company. [/QUOTE]
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Eliminating MIP below Level 20
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