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UPS Partners
Management EBO-Rumor
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<blockquote data-quote="Bubblehead" data-source="post: 660649" data-attributes="member: 14176"><p>Wouldn't any buyout package be predicated on the amount of time left till your eligible to retire?</p><p>Anybody already eligible to retire getting the minimum, perhaps equal to vacation pay or less?</p><p>Would these old timers even need to be included?</p><p>Therefore wouldn't it be irrelevant as to when they offered it as vacation time is earned the year previous?</p><p>Assuming management earns vacation as the hourlies do, I could be wrong in that assumption.</p><p>Seems to me if the company was earnest in offering a buyout plan they would have a certain demographic targeted and would want the participation from these managers.</p><p>Aside from the possible vacation issue, I don't see the advantage to company putting off the offer if they are truly looking to thin the heard by this process.</p><p>I'm probably missing something.</p></blockquote><p></p>
[QUOTE="Bubblehead, post: 660649, member: 14176"] Wouldn't any buyout package be predicated on the amount of time left till your eligible to retire? Anybody already eligible to retire getting the minimum, perhaps equal to vacation pay or less? Would these old timers even need to be included? Therefore wouldn't it be irrelevant as to when they offered it as vacation time is earned the year previous? Assuming management earns vacation as the hourlies do, I could be wrong in that assumption. Seems to me if the company was earnest in offering a buyout plan they would have a certain demographic targeted and would want the participation from these managers. Aside from the possible vacation issue, I don't see the advantage to company putting off the offer if they are truly looking to thin the heard by this process. I'm probably missing something. [/QUOTE]
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