Date Posted
The Bargained for 2013 Success Sharing Plan (SSP) Award is $270 per "eligible" employee.   The total value of the 2013 Success Sharing Plan (SSP)award is $270 per eligible employee as defined on page 34 & 35  of the Labor agreement.  The 2013 Success Sharing Plan payment will be made on the Nov. 22, 2013 paycheck.  Here’s how to determine the amount of the Success Sharing Plan award. Each eligible employee receives an award of 150 Success Units that are multiplied by the increase in stock price during the award year, plus dividends declared during that same period.  Dividends were declared four times during the award year at a rate of $0.45 per share. The stock price declined from Oct. 1, 2012 to Sept. 30, 2013, resulting in no payout for the stock price component.  Therefore, the calculation is 150 Success Units multiplied by the dividends declared ($0.45 x 4) – which equals $270. If you require additional assistance, please contact your supervisor or the OneStop Interactive Voice  Response (IVR) at 888-722-1STP (888-722-1787), say “payroll,” and follow the prompts.