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Mgt Half-Month Bonus Still Intact
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<blockquote data-quote="Catatonic" data-source="post: 618164" data-attributes="member: 7966"><p>[FONT=&quot]<span style="font-size: 12px">What you and others don't understand is that Scott's compensation and the other people on the Management Committee is set by the Board of Directors who use outside consultants to determine what the management committee are compensated. The Management Committee oversees what everyone else at UPS makes but not their own compensation.</span></p><p><span style="font-size: 12px">This is supposed to keep them "honest" and ensure their compensation is not abused.</span></p><p><span style="font-size: 12px">What is ironic, if the Management Committee set their own compensation, it would probably (almost for sure) be less than what they are getting.</span>[/FONT]</p><p></p><p>I don't disagree with the gist of what you all are saying.</p><p></p><p>And one more thing, I doubt if anyone on the Management Committee or The Board cares one hoot what you or I think.</p></blockquote><p></p>
[QUOTE="Catatonic, post: 618164, member: 7966"] [FONT="][SIZE=3]What you and others don't understand is that Scott's compensation and the other people on the Management Committee is set by the Board of Directors who use outside consultants to determine what the management committee are compensated. The Management Committee oversees what everyone else at UPS makes but not their own compensation. This is supposed to keep them "honest" and ensure their compensation is not abused. What is ironic, if the Management Committee set their own compensation, it would probably (almost for sure) be less than what they are getting.[/SIZE][/FONT] I don't disagree with the gist of what you all are saying. And one more thing, I doubt if anyone on the Management Committee or The Board cares one hoot what you or I think. [/QUOTE]
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Mgt Half-Month Bonus Still Intact
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