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<blockquote data-quote="squeekywheel" data-source="post: 245970" data-attributes="member: 4999"><p>The company has done a poor job with the MIP elements. With the next MIP cycle starting Monday, I would expect the company to clearly communicate the elements for the coming cycle BEFORE the cycle starts. If this coming cycle goes like the last one, we won't see the elements until late January - 4 months into the cycle. Even when we get the elements, they are shrouded in secrecy - improve numbers to meet confidential plan.</p><p> </p><p>The beauty of the old MIP is that it was simple: 15% of pretax profit. Known long before the cycle started, easy to explain and apply to all work groups, easy to measure.</p></blockquote><p></p>
[QUOTE="squeekywheel, post: 245970, member: 4999"] The company has done a poor job with the MIP elements. With the next MIP cycle starting Monday, I would expect the company to clearly communicate the elements for the coming cycle BEFORE the cycle starts. If this coming cycle goes like the last one, we won't see the elements until late January - 4 months into the cycle. Even when we get the elements, they are shrouded in secrecy - improve numbers to meet confidential plan. The beauty of the old MIP is that it was simple: 15% of pretax profit. Known long before the cycle started, easy to explain and apply to all work groups, easy to measure. [/QUOTE]
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