MIP was not discontinued in 2008.
401K match was not incentive compensation.
Any changes in 401k, or MIP affected everyone.
When the elimination of raises, DESPP, and 401k match were discontinued, it was explained why MIP, Stock Options, and LTIP were not changed. Those three are incentive plans.
P-Man
I'm sorry.
I misspoke as I'm not fluent in the many acronyms of UPS.
I am however familiar with many management personnel that feel they have lost their
"incentive" due to a reduction in their
"compensation".
Did this explanation include why Scott Davis got their stock instead of them?
My On Car claims that I'm making more than he is this year.
He seems to think, and constantly tells me, that my incentive to excell, is so I can keep my job that I'm lucky to have.
What do you think about that.....Scott??