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UPS Partners
Redesigned mip
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<blockquote data-quote="onetoofar" data-source="post: 51862"><p>From proups: </p><p>"The people that end up millionaires all bought as much stock as they could through payroll deduction and hypothecation. They never solely relied on the annual MIP award to get them where they wanted to be financially. The same holds true today, and the younger management people need to realize this, and make some personal financial decisions. " </p><p> </p><p>I'm a "younger" management person and from my point of view, the hypo/deduction are not solid bets anymore. When the company was private, these were good investments; there was some risk but very small. Now, with the public controlling the stock price, it is a very risky proposition. </p><p> </p><p>My concern is all the extra work I do may or may not make a difference in the MIP. I'm no longer a 'business partner' as I'd always thought of myself' we are now 'shareholders'.</p></blockquote><p></p>
[QUOTE="onetoofar, post: 51862"] From proups: "The people that end up millionaires all bought as much stock as they could through payroll deduction and hypothecation. They never solely relied on the annual MIP award to get them where they wanted to be financially. The same holds true today, and the younger management people need to realize this, and make some personal financial decisions. " I'm a "younger" management person and from my point of view, the hypo/deduction are not solid bets anymore. When the company was private, these were good investments; there was some risk but very small. Now, with the public controlling the stock price, it is a very risky proposition. My concern is all the extra work I do may or may not make a difference in the MIP. I'm no longer a 'business partner' as I'd always thought of myself' we are now 'shareholders'. [/QUOTE]
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