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Brown Cafe UPS Forum
UPS Partners
The truth behind the 1.6 MIP for this year
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<blockquote data-quote="browniehound" data-source="post: 169943" data-attributes="member: 4653"><p>I understand the disapointment in management's bonus. But that's what it is a bonus. How much did your salary increase? People keep talking about the teamster's huge wage increases. OK, in August of 2007 we'll get a $1.00 hourly increase. This amounts to a 3.7 increase over the 27.14 per hour we earn now. Not bad, but considering inflation is 3% historically we're now getting a whopping .7% in real dollars increase in pay. These last 2 years of the contract are only ones where we actually had a real dollar increase in compensation.</p><p> </p><p>So, while I'll side with your disgruntlement on your MIP bonus compared with what upper management gets, don't blame it on the hourly workforce. We exist here at the bottom of the food chain.</p></blockquote><p></p>
[QUOTE="browniehound, post: 169943, member: 4653"] I understand the disapointment in management's bonus. But that's what it is a bonus. How much did your salary increase? People keep talking about the teamster's huge wage increases. OK, in August of 2007 we'll get a $1.00 hourly increase. This amounts to a 3.7 increase over the 27.14 per hour we earn now. Not bad, but considering inflation is 3% historically we're now getting a whopping .7% in real dollars increase in pay. These last 2 years of the contract are only ones where we actually had a real dollar increase in compensation. So, while I'll side with your disgruntlement on your MIP bonus compared with what upper management gets, don't blame it on the hourly workforce. We exist here at the bottom of the food chain. [/QUOTE]
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The truth behind the 1.6 MIP for this year
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