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MIP awards for mgt
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<blockquote data-quote="randomUPSISer" data-source="post: 657989" data-attributes="member: 24399"><p>MIP was 1.2 this year. That's 1.2 times the monthly salary of management. Considering UPS management is paid LESS on a monthly basis than a lot of other similar jobs, and that our "total compensation" is ALWAYS quoted with a 2.0 MIP factor, that's actually a pay cut. </p><p></p><p>Now, it WAS above nearly everyone's expectations. However, nearly everyone expected it to be non-existent this year. In that case, yes anything is "beyond expectations". That doesn't mean any of us are rolling in the dough though. I do believe its still a historical low.</p><p></p><p>Thanks for playing though.</p></blockquote><p></p>
[QUOTE="randomUPSISer, post: 657989, member: 24399"] MIP was 1.2 this year. That's 1.2 times the monthly salary of management. Considering UPS management is paid LESS on a monthly basis than a lot of other similar jobs, and that our "total compensation" is ALWAYS quoted with a 2.0 MIP factor, that's actually a pay cut. Now, it WAS above nearly everyone's expectations. However, nearly everyone expected it to be non-existent this year. In that case, yes anything is "beyond expectations". That doesn't mean any of us are rolling in the dough though. I do believe its still a historical low. Thanks for playing though. [/QUOTE]
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