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Brown Cafe UPS Forum
UPS Partners
"Pay Mix" update...
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<blockquote data-quote="Fenris" data-source="post: 5460877" data-attributes="member: 35081"><p>This is just wrong. </p><p></p><p>1) The company will be paying ownership in perpetuity for those who actually have stock today. Most people don't so the company already doesn't shell out anywhere near as much as it might have to.</p><p></p><p>2) You will be getting the 'bonus' in your paycheck that you previously would have had to wait until the following year to receive. If you leave in the spring / summer - your are getting 3 to 6 months of salary that contains 'bonus' money under the new plan. Under the old plan you would have gotten nothing if you weren't on the books on 12/31. The MIP money you receive in a given year is the bonus for the prior year. You also wont lose the RPUs you have on the books, like you would have in the old plan.</p><p></p><p>As its laid out, the only way the company makes out is if the salary ranges don't adjust similar to the average change by band, including the ownership. Gains from that would take years to generate much value for the company but new employees / promotees would miss out on some then.</p></blockquote><p></p>
[QUOTE="Fenris, post: 5460877, member: 35081"] This is just wrong. 1) The company will be paying ownership in perpetuity for those who actually have stock today. Most people don't so the company already doesn't shell out anywhere near as much as it might have to. 2) You will be getting the 'bonus' in your paycheck that you previously would have had to wait until the following year to receive. If you leave in the spring / summer - your are getting 3 to 6 months of salary that contains 'bonus' money under the new plan. Under the old plan you would have gotten nothing if you weren't on the books on 12/31. The MIP money you receive in a given year is the bonus for the prior year. You also wont lose the RPUs you have on the books, like you would have in the old plan. As its laid out, the only way the company makes out is if the salary ranges don't adjust similar to the average change by band, including the ownership. Gains from that would take years to generate much value for the company but new employees / promotees would miss out on some then. [/QUOTE]
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"Pay Mix" update...
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