(I'm writing this as a generalization -- e.g. not targeting/referring to you or any other person.)
How many comparable operational management positions to UPS offer similar pay & benefits, without requiring a graduate-level (let alone a four-year) degree? Virtually all employees, sans PTers in the early reigns of their careers, benefit financially from working here. And there's oodles of persons who are enjoying successful careers in operational management only because they're pieces of a puzzle in UPS's top-down centralized management system.
I think it's sickening that we live in a society in which companies like Walmart pay 10-year, FT employees less than $10/hour - and price benefit co-premiums so high, few bite - while meanwhile executive compensation soars so that the CEO of Home Depot walked away with $200M after "leading" his company to failure. But people are ignorant, and that doesn't change status quo -- that if you want hgh-quality exec talent, you're going to have to pay for it. At least at UPS most of us are enjoying in the company's financial success.
If the BOD had hired a lower cost, passive CEO, we wouldn't be looking at nearly $4 in raises & continued no-cost benefits over the next five years.[/QUOTE]
You forgot to mention that retiree's will have costs for benefits, These benefits should be across the board for everyone.You retire with a package, only to find out that possibly what you were told to expect may change in the future