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Management Cuts for Teamsters
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<blockquote data-quote="beentheredonethat" data-source="post: 279909" data-attributes="member: 4886"><p>Channahon, </p><p> You may be retired now, (I'm not certain), but what do you call the changing of the MIP from 15% of pretax profits to determine the MIP amount to some mysterious calculations (that by the way results in less of an MIP then if we did 15%). I call that a cut to mgmt. Also, for any mgmt that leaves, they leave half the MIP on the table, since it's half now and the other half over a 5 year period. But if you quit you lose the potion not vested. Also in terms of folks leaving, now vaca is prorated, so if you get 4 weeks of vaca and leave on June 30th, you only should have taken 2 weeks. Remember when we started and we had to earn the vacation this year for next years vacation. The first year I worked there were no vacation but I could borrow one from next year. Teamsters get their vacations populated and if they leave shortly after the vacation bank populates they can take it all. I call that a cut. Also as far as reduction in mgmt in the ops, there's way less on roads then there used to be. Maybe that's a good thing, but the problem is we have way fewer supvs as compared to uppper mgmt. Look at the size of our corp hq, there's way too many people there.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 279909, member: 4886"] Channahon, You may be retired now, (I'm not certain), but what do you call the changing of the MIP from 15% of pretax profits to determine the MIP amount to some mysterious calculations (that by the way results in less of an MIP then if we did 15%). I call that a cut to mgmt. Also, for any mgmt that leaves, they leave half the MIP on the table, since it's half now and the other half over a 5 year period. But if you quit you lose the potion not vested. Also in terms of folks leaving, now vaca is prorated, so if you get 4 weeks of vaca and leave on June 30th, you only should have taken 2 weeks. Remember when we started and we had to earn the vacation this year for next years vacation. The first year I worked there were no vacation but I could borrow one from next year. Teamsters get their vacations populated and if they leave shortly after the vacation bank populates they can take it all. I call that a cut. Also as far as reduction in mgmt in the ops, there's way less on roads then there used to be. Maybe that's a good thing, but the problem is we have way fewer supvs as compared to uppper mgmt. Look at the size of our corp hq, there's way too many people there. [/QUOTE]
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