Sup with me on Friday told me they were losing their Christmas bonus, which is a half month of pay. Did nothing but complain; no raise, 401K match stopped, no Christmas Bonus, heath care benefits being partially eliminated next year and probably will not get MIP this year. He explained MIP is the end of the year profit sharing they used to get. Said it was a good portion of his pay at one time. Didn't they want to take over our pension. The company made over 800 million in profit last qtr and they are still cutting. I may be working more hours and having every step watched; but I am still getting paid. Yea and we went over how I can drive better to.
couple points.
UPS did not make 800 million profit last quarter, it was 445, which is a reduction of 49% over the prior year. If your take home pay went down by 49%, you would likely do some drastic things as well, or at least you should.
Your sup is either mis-informed or not being truthful about the bonus, there has been no announcement about that. Yet.
MIP will likely be here this year, as it is based on profit and we are still making that. It will be smaller than in years past, undoubtedly.
I do agree with sober on one point, the sup certainly should not have spent the day bitching to you about all that. That is not his job and you have enough to deal with without having to listen to all that.