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Brown Cafe UPS Forum
UPS Partners
Mip Factor Announced
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<blockquote data-quote="Amous Cow" data-source="post: 130783"><p>Problem with your point (aside from the fact that profits are far above what we saw in the 90's) is that in the 90's MIP was decided based on a clear calculation using 15% of the companies profit. Last year they changed the way it MIP was calculated using "elements" but the award was good so nobody questioned it. When we see the 1.6 (33% drop from last year), it raises eyebrows. When asked exactly how they arrive at this number.......things get hazy. To say "we didn't meet all the elements" is fine but back that up with how the number was calculated. </p><p></p><p>There's no comparison between now and the 90's. Comapny has higher profits now but things were better for employees in the 90's.</p></blockquote><p></p>
[QUOTE="Amous Cow, post: 130783"] Problem with your point (aside from the fact that profits are far above what we saw in the 90's) is that in the 90's MIP was decided based on a clear calculation using 15% of the companies profit. Last year they changed the way it MIP was calculated using "elements" but the award was good so nobody questioned it. When we see the 1.6 (33% drop from last year), it raises eyebrows. When asked exactly how they arrive at this number.......things get hazy. To say "we didn't meet all the elements" is fine but back that up with how the number was calculated. There's no comparison between now and the 90's. Comapny has higher profits now but things were better for employees in the 90's. [/QUOTE]
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