UPS TO pay drivers $170,000

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Just another example of massively overpaying for unskilled and uneducated labor. The results will be predictable, which are to accelerate the use of automation as much as possible. It’s only a matter of time before they overcompensate themselves out of existence. Why would anyone with an education and skills accept a lower salary than a UPS truck driver? Is everyone will be asking for higher wages, which in the end causes a whole bunch of wage driven inflation. The end result is that UPS drivers get nowhere in terms of real purchasing power as where they were before, and all the country did after terrible wage inflation is just ruin everyone’s life savings in the process.

Companies will also start pulling out of the US as labor becomes massively overcompensated for these simple jobs.

I worked for UPS my first year out of college. It was a great union job with health benefits even for part time work, but it would have been a hard job to work full time. It's hard on the body!

Farming is hard on the body. Working at a steel mill is hard on the body. Working at the slaughter house is hard on the body. Masonry is hard on the body. You gonna pay peo0,e who clean chicken farm houses $170k too because it is hard work? Ready to pay $80 for a pack of chicken?

Do you have some sort of bet with someone as to how many times you can repeat this phrase with different jobs? Just give it a rest.

[Anonymous]

Anonymous wrote:If UPS didn’t think it was in their best interest to agree to this, they wouldn’t agree to it.

UPS insiders are now unloading the stock. The stock has gone nowhere this year while the rest of the market is up YTD. The business world knows how much of a massive drag this compensation package for teamsters will be on UPS and their earnings. Company leadership is now betting against the company itself.

They're going to bleed out like Yellow, then all the teamsters will have zero jobs, or be working for Amazon once Amazon buys them up. Amazon will get rid of all of them and hire their regular kind of staff getting paid for less.

[Anonymous]

170k is a typical starting salary for software developers

[Anonymous]

Anonymous wrote:170k is a typical starting salary for software developers

Exactly, which requires education and/demonstration of skills that your average jack right off the street cannot do.

[Anonymous]

Anonymous wrote:170k is a typical starting salary for software developers

Please read the original post. It's not $170K. It's $140K plus the value of the "benefits"

[Anonymous]

Anonymous wrote:

Anonymous wrote:170k is a typical starting salary for software developers

Please read the original post. It's not $170K. It's $140K plus the value of the "benefits"

No its 102k plus benefits

[Anonymous]

Anonymous wrote:

Anonymous wrote:170k is a typical starting salary for software developers

Please read the original post. It's not $170K. It's $140K plus the value of the "benefits"

It.does.not.matter. Total compensation still has to be paid by the company. It is all labor cost.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If UPS didn’t think it was in their best interest to agree to this, they wouldn’t agree to it.

UPS insiders are now unloading the stock. The stock has gone nowhere this year while the rest of the market is up YTD. The business world knows how much of a massive drag this compensation package for teamsters will be on UPS and their earnings. Company leadership is now betting against the company itself.

They're going to bleed out like Yellow, then all the teamsters will have zero jobs, or be working for Amazon once Amazon buys them up. Amazon will get rid of all of them and hire their regular kind of staff getting paid for less.

I am sure the threat of a strike weighed on the stock and I am sure Wall st would be happiest if they paid workers nothing but I am also sure that you do not have any inside info on stock sales of C suite.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It says "and benefits." The salary is in the low 100s.

My friends and I are just shocked and thinking, we should have worked for UPs.

Or unionize.

[Anonymous]

Anonymous wrote:170k is a typical starting salary for software developers

That is not true. They do not start at $170K.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If UPS didn’t think it was in their best interest to agree to this, they wouldn’t agree to it.

UPS insiders are now unloading the stock. The stock has gone nowhere this year while the rest of the market is up YTD. The business world knows how much of a massive drag this compensation package for teamsters will be on UPS and their earnings. Company leadership is now betting against the company itself.

They're going to bleed out like Yellow, then all the teamsters will have zero jobs, or be working for Amazon once Amazon buys them up. Amazon will get rid of all of them and hire their regular kind of staff getting paid for less.

Yeah yeah and Barbie was going to bomb at the box office.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If UPS didn’t think it was in their best interest to agree to this, they wouldn’t agree to it.

UPS insiders are now unloading the stock. The stock has gone nowhere this year while the rest of the market is up YTD. The business world knows how much of a massive drag this compensation package for teamsters will be on UPS and their earnings. Company leadership is now betting against the company itself.

They're going to bleed out like Yellow, then all the teamsters will have zero jobs, or be working for Amazon once Amazon buys them up. Amazon will get rid of all of them and hire their regular kind of staff getting paid for less.

Yeah yeah and Barbie was going to bomb at the box office.

Tell me, what happened to UPS freight again?

Oh that's right, you don't know jack S and are shooting your mouth off from your hip. The union already ruined UPS before.

[Anonymous]

Well we pay “retired” govt workers a salary and benefits for not working at all. The pension should be killed. At least they work at UPS

[Anonymous]

Anonymous wrote:Well we pay “retired” govt workers a salary and benefits for not working at all. The pension should be killed. At least they work at UPS

Government workers have 4.4% taken out of their paycheck every single year to pay for this and it remains one of the only competitive benefits of being a fed. What a weird, random comment.

[Anonymous]

Anonymous wrote:Well we pay “retired” govt workers a salary and benefits for not working at all. The pension should be killed. At least they work at UPS

I think advertising for products should be killed. It doesn’t help anyone except companies make money. Pensions at least help old people. Advertising is made to look glossy and pressure people into spending money on the here and now rather than saving it for retirement. It also adds to climate change by increasing consumerism. I would kill that before pensions.