Postal Executives Bonuses

Nov 24th

After Losing Billions, Retiring With Incentives, Potter Tells Other Execs Bonuses To Be Tied To USPS Finances

Outgoing U.S. Postmaster John E. “Jack” Potter, who earned nearly a quarter million dollars in incentive pay in 2010 on top of a $273,000 salary, is telling fellow Postal Service executives that from now on bonuses and salary increases will be tied to the agency’s financial condition.Mr. Potter said in a memo obtained by The […]

Nov 18th

NAPUS Expresses Outrage Over Retention Payments to USPS Executives

November 18, 2010 NAPUS has received a copy of the recently signed Retention Incentive Agreement between the Postal Service and Anthony Vegliante, Executive VP and Chief Human Resources Officer of the USPS. The agreement which was signed on November 10, 2010 and became effective on November 1, 2010, provides annual payment(s) to Mr Vegliante of […]