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Brown Cafe UPS Forum
UPS Partners
MIP Formal Presentation
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<blockquote data-quote="brownIEman" data-source="post: 790630" data-attributes="member: 14596"><p>A profit sharing plan was offered as part of one of the many comprehensive proposals offered during the 1997 negotiations. It was a bonus plan based on the profits of the company. I am reminded of it every time I read someone on this board decry the evil corporate greed of this company and the record profits the company has enjoyed of the past several years (to 2007 anyway). Those profits would have translated into huge bonuses for UPSers had the plan been put into effect, of course it would not have affected or increase union dues one iota. Not a huge surprise it was quickly demonized and rejected by the IBT...</p></blockquote><p></p>
[QUOTE="brownIEman, post: 790630, member: 14596"] A profit sharing plan was offered as part of one of the many comprehensive proposals offered during the 1997 negotiations. It was a bonus plan based on the profits of the company. I am reminded of it every time I read someone on this board decry the evil corporate greed of this company and the record profits the company has enjoyed of the past several years (to 2007 anyway). Those profits would have translated into huge bonuses for UPSers had the plan been put into effect, of course it would not have affected or increase union dues one iota. Not a huge surprise it was quickly demonized and rejected by the IBT... [/QUOTE]
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