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Brown Cafe UPS Forum
UPS Partners
First Time MIP Incentive Award
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<blockquote data-quote="Lineandinitial" data-source="post: 1505555" data-attributes="member: 29428"><p>I don't see how it could be a good strategy to sell your fist year MIP. Half are RSU's and you can't touch them for 5 years. Also, 50% of a Sups monthly salary at a factor of .7 or .8 is not a lot of money. Plus there is the "Additional Incentive" to consider. That is "free money" just for hanging on it. Selling stock has always been frowned upon by UPS management. That hasn't changed and by not being what we used to call "a good partner" guarantees you'll never be considered for advancement.</p><p></p><p>Also, I know quite a few people that did not get MIP "Award" due to performance issues. They are taxable and show up on your W-2, but I would argue that it is "not part of your salary".</p></blockquote><p></p>
[QUOTE="Lineandinitial, post: 1505555, member: 29428"] I don't see how it could be a good strategy to sell your fist year MIP. Half are RSU's and you can't touch them for 5 years. Also, 50% of a Sups monthly salary at a factor of .7 or .8 is not a lot of money. Plus there is the "Additional Incentive" to consider. That is "free money" just for hanging on it. Selling stock has always been frowned upon by UPS management. That hasn't changed and by not being what we used to call "a good partner" guarantees you'll never be considered for advancement. Also, I know quite a few people that did not get MIP "Award" due to performance issues. They are taxable and show up on your W-2, but I would argue that it is "not part of your salary". [/QUOTE]
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