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UPS Partners
Mip Factor Announced
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<blockquote data-quote="rocdaboat" data-source="post: 130261" data-attributes="member: 6897"><p>MIP stands for management insentive program.</p><p>Since last year when UPS mentioned they were going to change the program and that the board of directors was going announce the MIP factor. I new then we were in trouble. How can a company make record profits in 2006 and state that we are not doing well and give us an MIP factor of 1.6. It's proves one thing for certian, the people in Atlanta don't know what they are doing. The stock took a hit a few months ago but it has since rebounded. It seems every little even is followed by UPS over reacting and causing more problems. Setting the MIP to 1.6 will only cause more harm then anything else. Are you as a UPS partner motivated after a 1.6 announcement? Maybe motivated to find another job....</p></blockquote><p></p>
[QUOTE="rocdaboat, post: 130261, member: 6897"] MIP stands for management insentive program. Since last year when UPS mentioned they were going to change the program and that the board of directors was going announce the MIP factor. I new then we were in trouble. How can a company make record profits in 2006 and state that we are not doing well and give us an MIP factor of 1.6. It's proves one thing for certian, the people in Atlanta don't know what they are doing. The stock took a hit a few months ago but it has since rebounded. It seems every little even is followed by UPS over reacting and causing more problems. Setting the MIP to 1.6 will only cause more harm then anything else. Are you as a UPS partner motivated after a 1.6 announcement? Maybe motivated to find another job.... [/QUOTE]
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