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<blockquote data-quote="pretzel_man" data-source="post: 257378" data-attributes="member: 927"><p>Hello Squeeky,</p><p> </p><p>I was told that 2007 was tracking at zero. I don't know for sure since its not calculated yet. I bet I can find the metric somewhere. I'll look.</p><p> </p><p>I think the 2006 LTIP award was an anomaly. It seems wrong for an 85% LTIP... LTIP was supposed to be tied to indices that drive the stock price.</p><p> </p><p>As far as raises, I was responding to this statement:</p><p> </p><p><em>"Grade 20( District managers and above) had huge increases in thier salaries this year, in many cases they doubled."</em></p><p> </p><p>The rule for raises was the same for the whole company. If your salary was above the mid point of your salary range, you contributed 2.75% to a "pool". If it was below the mid point, you contributed 4% to a "pool"</p><p> </p><p>The average pool was 3.5%. If one area had higher paid people, relatively speaking, they got a lower average raise.</p><p> </p><p>The pool is then given out based on a number of factors.</p><p> </p><p>In the area I work, there are many long term UPSers who are higher in their range. The average where I am is also about 3%.</p><p> </p><p>P-Man</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 257378, member: 927"] Hello Squeeky, I was told that 2007 was tracking at zero. I don't know for sure since its not calculated yet. I bet I can find the metric somewhere. I'll look. I think the 2006 LTIP award was an anomaly. It seems wrong for an 85% LTIP... LTIP was supposed to be tied to indices that drive the stock price. As far as raises, I was responding to this statement: [I]"Grade 20( District managers and above) had huge increases in thier salaries this year, in many cases they doubled."[/I] The rule for raises was the same for the whole company. If your salary was above the mid point of your salary range, you contributed 2.75% to a "pool". If it was below the mid point, you contributed 4% to a "pool" The average pool was 3.5%. If one area had higher paid people, relatively speaking, they got a lower average raise. The pool is then given out based on a number of factors. In the area I work, there are many long term UPSers who are higher in their range. The average where I am is also about 3%. P-Man [/QUOTE]
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