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Brown Cafe UPS Forum
UPS Discussions
Employee owned stock
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<blockquote data-quote="retiredTxfeeder" data-source="post: 1364985" data-attributes="member: 52978"><p>Not sure how it is nowadays, but a jillion years ago, when rank and file was just being able to buy stocks, I was told that UPS management received preferred stock, and hourly received common stock. Was it 2 different levels? If that was the case, rank and file will just get crumbs. It kept me from investing in stock. instead 15% went into the 401k every week.</p></blockquote><p></p>
[QUOTE="retiredTxfeeder, post: 1364985, member: 52978"] Not sure how it is nowadays, but a jillion years ago, when rank and file was just being able to buy stocks, I was told that UPS management received preferred stock, and hourly received common stock. Was it 2 different levels? If that was the case, rank and file will just get crumbs. It kept me from investing in stock. instead 15% went into the 401k every week. [/QUOTE]
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