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UPS can't compete because of high labor costs?
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<blockquote data-quote="clueless" data-source="post: 779753" data-attributes="member: 15572"><p>Pulling the numbers from the actual and current SEC filings instead of outdated information on wikipedia--and doing so for all the top executives, not just Mr. Davis--you will find that total executive compensation amounts to less than one-third of 1% of total revenues--$14.5 million in executive compensation vs. a top line of $45.3 billion (with a 'B') IOW--if all the executives worked for free, it still wouldn't make a dent in the compensation/benefits line item (which is 57% of revenues)--or any of the other costs, for that matter.</p></blockquote><p></p>
[QUOTE="clueless, post: 779753, member: 15572"] Pulling the numbers from the actual and current SEC filings instead of outdated information on wikipedia--and doing so for all the top executives, not just Mr. Davis--you will find that total executive compensation amounts to less than one-third of 1% of total revenues--$14.5 million in executive compensation vs. a top line of $45.3 billion (with a 'B') IOW--if all the executives worked for free, it still wouldn't make a dent in the compensation/benefits line item (which is 57% of revenues)--or any of the other costs, for that matter. [/QUOTE]
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UPS can't compete because of high labor costs?
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