Hi all!
I received an e-mail saying the MIP is 94% . We missed the EPS target. Is this % the same for everyone this year? Or can it vary per OU, region and function?
9 replies (most recent on top)
I heard MIP % emails should be coming, IDK I have not seen one, anything is something IMHO
Wait...yall get MIP? We just got a pizza party
I am grateful for any MIP payout.
MIP payout depends on the OU. Some OUs have >100% payout.
The MIP is like a regressive tax. The people who make the most $ get a larger payout not only because of their larger salary but MDT increases percent multiplier based on your pay band!!!
When I was at Guidant, the percentage was the same for EVERYBODY kind of like the tax system proposed by Steve Forbes.
I can only assume that it has something to do with maintaining socioeconomic diversity!
@rbi+1sT0mUrD exactly!
Expect your MIP to be lower. No one is getting 100%. Shareholders and GM will have to be rewarded higher
Btw, the MIP of 94% is Enterprise wide… the individual performance % may differ (a lot) from that…
I’m in IT
Which OU are you part of?