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MIP awards for mgt
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<blockquote data-quote="worldwide" data-source="post: 657964" data-attributes="member: 2193"><p>You sure it was not some new cars from the mechanics? After all, the mechanics make about $43/hour (or an average salary of $89,400/year). That places above the 90th percentile of aircraft mechanic wages, which is about $69,000, according to the Bureau of Labor Statistics (BLS). UPS mechanics have great fringe benefits as well. They pay no co-pay for health insurance, have both a defined contribution pension plan and a 401(k) plan. Their increase in top rate of pay from 2000 to 2006, the term of the contract being renegotiated was 40 percent, while total wage growth for all U.S. workers in that period was 19 percent, according to UPS and BLS.</p><p></p><p>Better check who is driving those new rigs again...</p></blockquote><p></p>
[QUOTE="worldwide, post: 657964, member: 2193"] You sure it was not some new cars from the mechanics? After all, the mechanics make about $43/hour (or an average salary of $89,400/year). That places above the 90th percentile of aircraft mechanic wages, which is about $69,000, according to the Bureau of Labor Statistics (BLS). UPS mechanics have great fringe benefits as well. They pay no co-pay for health insurance, have both a defined contribution pension plan and a 401(k) plan. Their increase in top rate of pay from 2000 to 2006, the term of the contract being renegotiated was 40 percent, while total wage growth for all U.S. workers in that period was 19 percent, according to UPS and BLS. Better check who is driving those new rigs again... [/QUOTE]
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