Pay raises of 50 % to 250 % to senior managers

Discussion in 'UPS Partners' started by over9five, Jan 23, 2006.

  1. over9five

    over9five Moderator Staff Member

    C'mon, dude, Mike has a lot of bills to pay. He needs that raise...

    1. The butler hasn't had a raise this year.

    2. Have to pay for daughters nose job.

    3. Wife wants bigger breasts.

    4. Son is in his ninth year at Yale.

    5. Monthly check to Hoffa.

    UPSBOI You don't want to know!

    Hey man!

    Would you mind not posting this into every thread? Very uncool!
  3. DS

    DS Fenderbender

    why do you care so much?
  4. DS

    DS Fenderbender

    and upsboi...please change your avatar...I hope thats not really you...
  5. moreluck

    moreluck golden ticket member

    upsooc....need his Ritalin. You are going about getting your message across in the wrong way. You'll just turn everyone off ....idiot!!
  6. tieguy

    tieguy Banned

    Well looks like I was wrong. I still have not gotten an answer from any of the finance guys on what this is but after conferring with my compadres it appears we have a filing for a new three year stock option plan for ( my guess ) divison manager and higher. Very nice plan. Keep in mind though the key to getting the higher amounts listed is the stock has to climb in value.

    UPSBOI You don't want to know!

    ??? yes it's me!::censored2::
    Thats why they call me cheeky!!!!!
  8. upscorpis

    upscorpis Member

    This is a redesign of the stock options program for grade 20 and up. It doesn't appear to be additional but it definitely linked to the success of the company. The 50% - 250% maps to the options units senior managers get today. This, "The number of RSUs earned each year will be the target number adjusted for the percentage achievement of performance criteria targets for the year based on a matrix developed by the Committee...", means that depending on how the company performs to the target goals, the award will be adjusted up or down on a percentage basis.