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UPS Partners
Heard that MIP is really going to suck
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<blockquote data-quote="UPSGUY72" data-source="post: 2678414" data-attributes="member: 14514"><p>What are you talking about.. The bonus (MIP) UPS gives certain management employees is public knowledge. </p><p></p><p><a href="https://www.sec.gov/Archives/edgar/data/1090727/000119312511049356/dex10103.htm" target="_blank">UPS Management Incentive Program Terms and Conditions</a></p><p></p><p>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%... </p><p></p><p>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. </p><p></p><p>Then we get raises each year that depend on a person individual performance....</p></blockquote><p></p>
[QUOTE="UPSGUY72, post: 2678414, member: 14514"] What are you talking about.. The bonus (MIP) UPS gives certain management employees is public knowledge. [URL="https://www.sec.gov/Archives/edgar/data/1090727/000119312511049356/dex10103.htm"]UPS Management Incentive Program Terms and Conditions[/URL] 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.... [/QUOTE]
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Heard that MIP is really going to suck
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