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Brown Cafe UPS Forum
UPS Partners
"Pay Mix" update...
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<blockquote data-quote="DMW" data-source="post: 5532720" data-attributes="member: 105507"><p>Sorry, I misunderstood what you were considering 100%. I thought you were talking about unit 1 ; with a factor of 1 by100%. I’ve been retired since 2008 and I’m sure it’s changed. They originally took 10% of profit and paid MIP to manager level and above. Then went to 15% of profit for unit 1 and 2. And of course after UPS IPO , Wallstreet and institutional investors didn’t like the shares being diluted. And UPS to an algorithm. Also the ownership incentive used to be 2.5% of your cost.</p></blockquote><p></p>
[QUOTE="DMW, post: 5532720, member: 105507"] Sorry, I misunderstood what you were considering 100%. I thought you were talking about unit 1 ; with a factor of 1 by100%. I’ve been retired since 2008 and I’m sure it’s changed. They originally took 10% of profit and paid MIP to manager level and above. Then went to 15% of profit for unit 1 and 2. And of course after UPS IPO , Wallstreet and institutional investors didn’t like the shares being diluted. And UPS to an algorithm. Also the ownership incentive used to be 2.5% of your cost. [/QUOTE]
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