>link is broken, no one can commentScott 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
Does anyone know excactly how MIP is calculated?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".
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.
Just wait until they pay out those retro checks.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.