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Redesigned mip
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<blockquote data-quote="isdrone" data-source="post: 51831"><p>CorpIs, </p><p>I agree. The exodus will be huge. I also think that if the net revenue grows this year and the MIP is much less than 2004 because of missed scorecard elements, then people will leave. Don't get me wrong UPS is a great company and I have 15 years invested and would hate to lose it, but times are changing. Benefits hacked in 1995, reorganization in 1995, reorganization (Engineering) 2005, MIP change 2005. The pension is next - count on it or a mass reduction in management - or both. Look at the management structure of SCS, much leaner than traditional UPS. </p><p>As far as the new MIP - easy to understand why the change, less overhead for the next 5 years - nothing more, nothing less. Someone said they did not sign up for options, neither did I.</p></blockquote><p></p>
[QUOTE="isdrone, post: 51831"] CorpIs, I agree. The exodus will be huge. I also think that if the net revenue grows this year and the MIP is much less than 2004 because of missed scorecard elements, then people will leave. Don't get me wrong UPS is a great company and I have 15 years invested and would hate to lose it, but times are changing. Benefits hacked in 1995, reorganization in 1995, reorganization (Engineering) 2005, MIP change 2005. The pension is next - count on it or a mass reduction in management - or both. Look at the management structure of SCS, much leaner than traditional UPS. As far as the new MIP - easy to understand why the change, less overhead for the next 5 years - nothing more, nothing less. Someone said they did not sign up for options, neither did I. [/QUOTE]
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