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UPS Partners
Redesigned mip
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<blockquote data-quote="upscorpis" data-source="post: 51836"><p>Another aspect to the deferred plan is that it will force people to be invested in the company. With the queued up retirements ready to happen, it's imperative that the newer managers are invested in the company. I think it's more common place for newer management to sell their stock. If they are to be tomorrow's leaders they need to be engaged in the partnership. I still remember wanting to sell that stock when I first got to full time management. The peer pressure to hold the stock kept me from selling. I'm glad it happened today but without that pressure, who knows if I would have been as sage. Somehow I doubt it. This program will force younger and new management to be partners and perhaps 5 years into it they will "get it". Just another of many angles on this....</p></blockquote><p></p>
[QUOTE="upscorpis, post: 51836"] Another aspect to the deferred plan is that it will force people to be invested in the company. With the queued up retirements ready to happen, it's imperative that the newer managers are invested in the company. I think it's more common place for newer management to sell their stock. If they are to be tomorrow's leaders they need to be engaged in the partnership. I still remember wanting to sell that stock when I first got to full time management. The peer pressure to hold the stock kept me from selling. I'm glad it happened today but without that pressure, who knows if I would have been as sage. Somehow I doubt it. This program will force younger and new management to be partners and perhaps 5 years into it they will "get it". Just another of many angles on this.... [/QUOTE]
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