MIP Guess? Q4 Update?

Discussion in 'UPS Partners' started by drbrownsox, Jan 28, 2019.

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  1. drbrownsox

    drbrownsox Member

    What are your thoughts on MIP this year? The past peak was such a strange one - especially towards the end. Do you think we actually hit service AND profitability? My guess has to be 85% - 90% based on what I saw in regards to transportation in the East.
     
  2. rod

    rod #1 on Upstates "list"

    MIP will be paid in UPS pens this time. Upper management has been hoarding them.
     
  3. AxmanTheGSD

    AxmanTheGSD New Member

     
  4. AxmanTheGSD

    AxmanTheGSD New Member

    It’s very quite out there
     
  5. happyman2018

    happyman2018 Member

    Scott P is pleased to announce that we are doing away with MIP, but adding 20 more board members who will get LTIP. It is part of our need to change the way we compensate management and so we can pay our union contracts. Post your complaints on upsers.com
     
  6. TearsInRain

    TearsInRain IE boogeyman

    >link is broken, no one can comment
     
  7. TearsInRain

    TearsInRain IE boogeyman

    it’s been very quiet and nobody has nagged me about my expenses yet so i’m thinking we at least did okay

    either way we need to start swinging that capex hammer hard and fast
     
  8. Old Man Jingles

    Old Man Jingles Rat out of a cage

    It occurs to me that UPSers don't really like strong competition with consequences for not being in the top half.

    Not judging ... rather, pondering if this is a vision of the future?
     
  9. TearsInRain

    TearsInRain IE boogeyman

    wtf are you talking about

    do you even read your stuff before you post it?
     
  10. Old Man Jingles

    Old Man Jingles Rat out of a cage

    Can't a guy do a little trolling without getting attacked by some pink-hatted pusillanimous fella?

    [​IMG]
     
  11. AxmanTheGSD

    AxmanTheGSD New Member

    How does LTip work?
     
  12. happyman2018

    happyman2018 Member

    Go to the annual share holders report....
     
  13. drbrownsox

    drbrownsox Member

    After the call today, I can’t see it being less than 90%
     
  14. happyman2018

    happyman2018 Member

    Agree if you look at where we at before peak it should really not be less than 100%
     
  15. Popeye

    Popeye Active Member

    Don't make the mistake of trying to apply logic to the MIP calculation. MIP was changed from a bonus based on a simple mathematical calculation to a tool to adjust management compensation within a wide range "on the fly".
     
  16. drbrownsox

    drbrownsox Member

    Does anyone know excactly how MIP is calculated?
     
  17. Dragon

    Dragon Package Center Manager

    If you find the secret.....well you know.
     
  18. Alexcross774

    Alexcross774 Spinning my wheels.

    Considering the absurd cost cutting measures that took place, most of which will be payed for in 1Q 2019, it should be interesting. Looks good on paper, but we know it was a well played shell game. Much of the "cost savings" was cost deferment... That being said, my guess is 75. 80 at the most.
     
  19. HumanCapital

    HumanCapital New Member

    With profits above our guidancee and a flawless peak it better be within the 90 to 100% plus range.
     
    Last edited: Feb 3, 2019
  20. Just wait until they pay out those retro checks.