upsandDOWNS
Member
Any rumors yet on MIP #
Any rumors yet on MIP #
MIP is going to be nice this year. We made many gains and the score cards look good.
I think 2.65 to 2.85 is about right....And yes I think corporate knows it is time to show a little luv to the partnership legacy.....
Your assumption is that there is a correlation between the two?
MIP around 2.65.........If its much less than that there will be a mass exodus of any supervisor holding a marketable degree due to lack of promotions, raises lower than inflation, poor pensions, poor medical benefits...etc etc etc.......
I suspect if all the targets are met the factor will be 2.0. For each target not met the factor is reduced by an equal percentage with the minimum factor being 1. No targets = 1. All targets met = 2. half of the targets met = 1.5.
The real question is do they establish the payout first, then base which targets were met upon how much they intend to spend or is it the other way around? Considering the MIP expense is planned in advance, it's likely the the amount is known and established in advance regardless of performance or targets met.
I think you are accurate right there. The board will never allow MIP to be higher than planned in terms of cost. It'll certainly allow it to be lower though. Thats all money that could be reinvested or returned to the stock holders. All MIP does is dilute the stockholders shares. If the board of directors primary responsibility is to the stock holders, (and btw, it is just like at all public companies) then MIP will forever be doomed to being "as little as possible".
Anybody ever wonder why the stock always seems to go up just before they announce the MIP......
Anybody ever wonder why the stock always seems to go up just before they announce the MIP......
I'm sure it wasn't because of the We Love Logistics campaign.
What is MIP?
MIP around 2.65.........If its much less than that there will be a mass exodus of any supervisor holding a marketable degree due to lack of promotions, raises lower than inflation, poor pensions, poor medical benefits...etc etc etc.......
Which is all any of us can do - guess.My guess is 2.49.
M-