Heard that MIP is really going to suck
- Thread starter Popeye
- Start date
Jackburton
Gone Fish'n
Jackburton
Gone Fish'n
Think Ron might think I'm management. You mind putting him in que until the beer or meds, maybe both kick in?Don't worry about him ... his real name is Jack Off.
Catatonic
Nine Lives
He's just old!
Respect the elderly.
Jackburton
Gone Fish'n
Yeah, I like having you guys around. Reminds me of work when I see drivers that should have retired years ago still trying to do the job, yet they are still here. Makes for great job security.
Catatonic
Nine Lives
Sure Dave!
rod
Retired 22 years
Jackburton
Gone Fish'n
Nah, you guys honestly give me hope working these 6 day weeks will pay off. I catch glimpses of how you, Rod, and a few others live in some threads. If you wanna know how to retire well, immulate those that have.
TearsInRain
IE boogeyman
70 isn't hateful, i don't get why people are upset over a bonus
Catatonic
Nine Lives
Because UPS includes the projected bonus in your salary review ... except it's 1.00, not 0.70 for a supervisor and 2.00 not 1.40 for a manager.
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except that it is 70% of 2.0, or 1.4. Still not good but better than the 0.7 you are thinking.
What are you talking about.. The bonus (MIP) UPS gives certain management employees is public knowledge.
UPS Management Incentive Program Terms and Conditions
We get a set bonus each year and depending on what the MIP factor is that year will determine how much of that base bonus we get. This year we get 70% of the base bonus rate. As a FT Sup I get my base bonus is 17% of my year pay ths iyear I get 70% of that 17 percent as a bonus... MY center manager's base bonus is 34% of his year pay... The DM base bonus is 60%...
Management also gets up to an additional months pay depending on how much of class A stock they keep that called the ownership incentive program.
Then we get raises each year that depend on a person individual performance....
MB - how long have you been retired. Previous post is correct. MIP is no longer 1 unit and 2 units.
Catatonic
Nine Lives
So a manager gets 2 to 1 as a supervisor times each ones salary.
It's still the same as before ... just changed the nomenclature to fool the masses.
Catatonic
Nine Lives
Everything you described is the same as when I left in 2013.
They just changed the words around to fool the gullible.
Actually, I think they hired some new consultants and consultants always change the words around for the same thing.
Catatonic
Nine Lives
Everybody seems to keep getting more while Managers and Supervisors get less and less.
They include it at 1.00 in your salary review and to new hires and it is part of your "Salary".
Seems a bit deceitful to me.
In fact, for the last 3 years I had Salary Reviews with my people, I gave them a copy of the HR printout but I did a separate review with more "historically" correct data and used this to review with my people.
My management did not like it but I told them I felt it was dishonest to review a projected salary review when I knew it was most likely too high.
I think the people that reported to me appreciated my honesty and being up front with them.
TearsInRain
IE boogeyman
yeah i wrote off MIP entirely from my personal budget spreadsheets; literally just bonus money in the bank to me
Lineandinitial
Legio patria nostra
They're handing out the MIP today. We are all supposed to smile and say "thank you".
MIP has never been a "Bonus" to me. It is an incentive to put up with all the BS and not complain too loudly.
Plus the 70 hour weeks I put in at Peak; or the travel and phone calls at all hours of the night and weekends...
I know.....McDonalds is hiring...
MIP has never been a "Bonus" to me. It is an incentive to put up with all the BS and not complain too loudly.
Plus the 70 hour weeks I put in at Peak; or the travel and phone calls at all hours of the night and weekends...
I know.....McDonalds is hiring...
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