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UPS Partners
New retirement vacation policy
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<blockquote data-quote="Old Man Jingles" data-source="post: 3876720" data-attributes="member: 18222"><p>Going public had been considered for over 15 years prior to 1999.</p><p>The market conditions were there prior to 1997 but the Board was reluctant to go public because they knew it would change the culture at UPS and the Board and Management Committee felt a paternal loyalty to its employees ... both Union and non-Union.</p><p>After the disloyalty and abandonment by the Union employees in 1997, that sense of loyalty and paternal relationship was gone and so the UPS BOD and Management Committee made the change to go public.</p><p>It's all current history after that.</p><p></p><p>Like you, I am completely perplexed how many of the Union employees do not understand that 1997 was a turning point in UPS's decision to go public.</p></blockquote><p></p>
[QUOTE="Old Man Jingles, post: 3876720, member: 18222"] Going public had been considered for over 15 years prior to 1999. The market conditions were there prior to 1997 but the Board was reluctant to go public because they knew it would change the culture at UPS and the Board and Management Committee felt a paternal loyalty to its employees ... both Union and non-Union. After the disloyalty and abandonment by the Union employees in 1997, that sense of loyalty and paternal relationship was gone and so the UPS BOD and Management Committee made the change to go public. It's all current history after that. Like you, I am completely perplexed how many of the Union employees do not understand that 1997 was a turning point in UPS's decision to go public. [/QUOTE]
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