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<blockquote data-quote="Been In Brown Too Long" data-source="post: 6024773" data-attributes="member: 32249">I was around when stock was first offered to employees in &#039;95 and vowed never to buy it. I saw on a daily basis just how poorly our company was run and the caliber of those who were selected to be management. My entire career I would say for as well as the company does and has done being profitable, that was all in spite of how bad they ran things. They had the luxury of virtually being the only game in town, no longer the case. One glaring example, of which there are many to choose from, is they paid me, and every other driver in our building, overtime daily for decades to close out our own routes so they could send home a part timer making much lower wages on straight time, just to make the preload numbers look good. And trust me, if I&#039;m closing out my route, I&#039;m certainly not in any hurry. And since I left late, my day is already shot, so I wasn&#039;t killing myself to speed through the day to help them out. So even more OT. I wasn&#039;t about to buy stock in a company where I witnessed such stupidity daily. UPS could have increased profits for years easily by tightening up their management, and how management manipulates the numbers to make the flavor-o-the-month target look good while ultimately killing the overall number, but it got progressively worse over time. I most definitely didn&#039;t want to own stock in a company where I saw how the sausage was made. I did just fine investing elsewhere where they probably ran things just as poorly, but I didn&#039;t have to see it firsthand.</blockquote>

[QUOTE="Been In Brown Too Long, post: 6024773, member: 32249"] I was around when stock was first offered to employees in '95 and vowed never to buy it. I saw on a daily basis just how poorly our company was run and the caliber of those who were selected to be management. My entire career I would say for as well as the company does and has done being profitable, that was all [B]in spite[/B] of how bad they ran things. They had the luxury of virtually being the only game in town, no longer the case. One glaring example, of which there are many to choose from, is they paid me, and every other driver in our building, overtime daily for decades to close out our own routes so they could send home a part timer making much lower wages on straight time, just to make the preload numbers look good. And trust me, if I'm closing out my route, I'm certainly not in any hurry. And since I left late, my day is already shot, so I wasn't killing myself to speed through the day to help them out. So even more OT. I wasn't about to buy stock in a company where I witnessed such stupidity daily. UPS could have increased profits for years easily by tightening up their management, and how management manipulates the numbers to make the flavor-o-the-month target look good while ultimately killing the overall number, but it got progressively worse over time. I most definitely didn't want to own stock in a company where I saw how the sausage was made. I did just fine investing elsewhere where they probably ran things just as poorly, but I didn't have to see it firsthand. [/QUOTE]

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