PASinterference
Yes, I know I'm working late.
Management needs to act like it, then. You guys live off our back. Don't say you don't because you know you do.
2020 MIP
- Thread starter Member 08
- Start date
meritocracy
Well-Known Member
So how many pats on the back did you guys get?
Anyone see the new video with Carol and Brian? It was released today and reviewed the fourth quarter earnings. They briefly touched upon MIP at the end. Very encouraging comments. "Carol likes to reward people when we have the results." And then Carol commenting "I like the pay people when the results are there and boy are the results there!". Brian further commented to expect a pretty good MIP.
Very encouraging signals. If it was going to be less than last year, I truly believe they would have said nothing or certainly have not said what they said. For the first time, I'm truly believing it's going to be equal to or greater than last year. Awesome!
Great job, partners! Lets do it again for 2022!!!
Very encouraging signals. If it was going to be less than last year, I truly believe they would have said nothing or certainly have not said what they said. For the first time, I'm truly believing it's going to be equal to or greater than last year. Awesome!
Great job, partners! Lets do it again for 2022!!!
Rubber Puckies
Well-Known Member
Just watched it. I'm getting good vibes from it too. Sure will be nice to be rewarded for the hours we put in. This is why we sacrifice overtime.
I have been lurking
Tired hubrat
I'll be happy to drop anchor with the pay cut
Rubber Puckies
Well-Known Member
Don't even know what you're talking about
burrheadd
KING Of GIFS
“Partners”
Lmao
PASinterference
Yes, I know I'm working late.
She should feed the peasants more. It's pathetic.
Coldworld
Well-Known Member
She better save some of that money for next year… teamsters will be getting paid… our turn is coming soon enough.
Coldworld
Well-Known Member
Cute Jedi mind tricks…
Agreed! The nice thing about all being partners and working for UPS is that union employees are entitled to their piece of the pie as well. I hope negotiations go well and you guys get sizeable merit increases over the course of the next contract.
DELACROIX
In the Spirit of Honore' Daumier
Of course you know that there were and probably are corporate partners in Atlanta that still want all of that pie...
At this point, you should only have 2 sets of RSUs. RSU from 2017 MIP, received in 2018. And from 2020 MIP received in 2021, that lapse next month
JohnLash12
New Member
I also left in 2021 and had RSU that were put in during March and removed during July. Can anyone just clarify why they did that? What happened to them, are they gone or am I just not understanding something?
JohnLash12
New Member
So doing more research, since I received the rsu for mip from 2020 last year in March. But I quit last year before they had time to vest (2020-2021) that means that my entire mip that was in rsu is gone?
That is the way i understand it. If you leave before the rsu vests you lose them. It now takes 1 year to vest, it used to be 5. I vastly remember an announcement that rsus prior to 2020 vesting early for everyone. Which would explain why you didnt lose those...
I hate this pay structure.... it is a way for UPS to keep our money hostage so we dont leave... Without MIP our salary is trash...
If you don't mind me asking, why did you quit? Better job opportunity? Did you take a pay cut to get less hours?
We had a manager just quit in my building. Hung out to get his MIP cash and then left. Obviously he is giving up half of it by quitting but I guess March is the best time to go. You get your half cash and the RSUs from the previously year will vest.
We had a manager just quit in my building. Hung out to get his MIP cash and then left. Obviously he is giving up half of it by quitting but I guess March is the best time to go. You get your half cash and the RSUs from the previously year will vest.
QuickBrownFox
Member
Not sure if this is the right place to ask but on the Merrill Lynch site it shows that my Restricted Stock Units from the 2021 were vested on 3/5/22. But it doesn't say when they "lapse", in other words when do we get those shares actually transferred to Computershare? They're still showing in ML for the past five days and nothing on the site mentions when we will actually receive those shares. Thanks for any help.
