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UPS Partners
UPS screws Union AND Management...but in this case its just the Management.
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<blockquote data-quote="pretzel_man" data-source="post: 1162886" data-attributes="member: 927"><p>This "preview" of the 2014 healthcare plan and costs is one of the most poorly executed communications I have ever seen.</p><p></p><p>I think it's good that they want us to be prepared. But don't try and polish a turd. </p><p></p><p>It's condescending do me... Just lay out the ugly facts...</p><p></p><p>I'm guessing it's something like this, and I could understand it if they told me so like an adult:</p><p></p><p>- Rising health care costs and legislation is going to impact UPS' bottom line by $XXXM.</p><p>- We don't want that burden to fully impact profits, so we have decided to raise management's healthcare payments</p><p>- Rather than have all management share equally, we have targeted areas</p><p> - Those with working spouses need to have their spouse's company pay for healthcare</p><p> - Those that smoke will pay more because they have increased long term costs (and are an easy target)</p><p>- We have not thought this all out and it will likely change as we learn more</p><p>- This is not good news, but necessary to remain strong and have stock growth</p><p> - If you put your MIP in stock, and / or buy the DESPP you will benefit in that area</p><p></p><p>I think they did a very poor job.....</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 1162886, member: 927"] This "preview" of the 2014 healthcare plan and costs is one of the most poorly executed communications I have ever seen. I think it's good that they want us to be prepared. But don't try and polish a turd. It's condescending do me... Just lay out the ugly facts... I'm guessing it's something like this, and I could understand it if they told me so like an adult: - Rising health care costs and legislation is going to impact UPS' bottom line by $XXXM. - We don't want that burden to fully impact profits, so we have decided to raise management's healthcare payments - Rather than have all management share equally, we have targeted areas - Those with working spouses need to have their spouse's company pay for healthcare - Those that smoke will pay more because they have increased long term costs (and are an easy target) - We have not thought this all out and it will likely change as we learn more - This is not good news, but necessary to remain strong and have stock growth - If you put your MIP in stock, and / or buy the DESPP you will benefit in that area I think they did a very poor job..... [/QUOTE]
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UPS screws Union AND Management...but in this case its just the Management.
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