UPS TO pay drivers $170,000

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This should be exhibit A whenever people try to tell you that unions are a bad thing.

Come back when ups raises its delivery costs to reflect this generous compensation package. I doubt you’ll be touting how great this is when the t shirt gift to Timmy costs you 35.00 to ship.

Yup. People are cheering it.

Wait until all of this gross wage inflation gets passed to consumers. It will be runaway wage driven inflation.

It took you 35 working years for you to save and your 401k to become worth $2M? Ooopps too bad, that $2M now worthless because wage inflation has ruined your entire life's savings.

I dunno, my life feels very similar to how it did the last time UPS workers negotiated a bigger salary for full-time employees. The Chicago school has done an impressive job making labor movements the cause for any and all ills in our society.

+1 it is so stupid to say suggest that the entire cost of this will be passed on to consumers and cause a wage-price spiral which hurts workers, especially when a) UPS says it is cutting its revenue forecasts sharply in the article and b) there is ample evidence from the last couple of years that inflation has been caused by firms sticking with high prices they pushed on us from supply chain problems even after those problems are gone.

Basically it’s Panglossian view that says workers should be glad with whatever crumbs management is willing to give them.

Labor costs always get passed on to consumers. You're just an idiot to think otherwise.

Wait until there's a recession or economic slowdown. They will be forced to increase prices are margins become compressed due to rising labor costs. Labor is always the most expensive cost. Price increase will come.

So who should get a good wage then? No one?

Skilled workers, workers with education, entrepreneurs, business owners. Just being a slab of meat to do hardwork shouldn't mean a high salary. Picking up trash is hard work. Roofing is hard work. Junk hauling is hard work. Landscaping is hard work.

You gonna pay them $170k too? Hard work does not automatically mean valuable work.

And why do you think this should be the case?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This should be exhibit A whenever people try to tell you that unions are a bad thing.

Come back when ups raises its delivery costs to reflect this generous compensation package. I doubt you’ll be touting how great this is when the t shirt gift to Timmy costs you 35.00 to ship.

Yup. People are cheering it.

Wait until all of this gross wage inflation gets passed to consumers. It will be runaway wage driven inflation.

It took you 35 working years for you to save and your 401k to become worth $2M? Ooopps too bad, that $2M now worthless because wage inflation has ruined your entire life's savings.

I dunno, my life feels very similar to how it did the last time UPS workers negotiated a bigger salary for full-time employees. The Chicago school has done an impressive job making labor movements the cause for any and all ills in our society.

+1 it is so stupid to say suggest that the entire cost of this will be passed on to consumers and cause a wage-price spiral which hurts workers, especially when a) UPS says it is cutting its revenue forecasts sharply in the article and b) there is ample evidence from the last couple of years that inflation has been caused by firms sticking with high prices they pushed on us from supply chain problems even after those problems are gone.

Basically it’s Panglossian view that says workers should be glad with whatever crumbs management is willing to give them.

Labor costs always get passed on to consumers. You're just an idiot to think otherwise.

Wait until there's a recession or economic slowdown. They will be forced to increase prices are margins become compressed due to rising labor costs. Labor is always the most expensive cost. Price increase will come.

So who should get a good wage then? No one?

Skilled workers, workers with education, entrepreneurs, business owners. Just being a slab of meat to do hardwork shouldn't mean a high salary. Picking up trash is hard work. Roofing is hard work. Junk hauling is hard work. Landscaping is hard work.

You gonna pay them $170k too? Hard work does not automatically mean valuable work.

And why do you think this should be the case?

Paying outrageous compensation for jobs that require no education and no skill is going to obliterate the economy with runaway inflation.

What difference is there in skill and education between the migrant picked up from the Home Depot parking lot to weed your garden vs the UPS driver? They both work hard, they probably both have no specialized skills, and they both often have no advanced education needed for the job. You gonna pay the gardener $170k to take care of the school grounds because is hard work too?

Way to automate yourself out of existence. UPS is probably chomping at the bit for automated trucks and drones to deliver so they can cut 90% of labor costs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This should be exhibit A whenever people try to tell you that unions are a bad thing.

Come back when ups raises its delivery costs to reflect this generous compensation package. I doubt you’ll be touting how great this is when the t shirt gift to Timmy costs you 35.00 to ship.

Yup. People are cheering it.

Wait until all of this gross wage inflation gets passed to consumers. It will be runaway wage driven inflation.

It took you 35 working years for you to save and your 401k to become worth $2M? Ooopps too bad, that $2M now worthless because wage inflation has ruined your entire life's savings.

I dunno, my life feels very similar to how it did the last time UPS workers negotiated a bigger salary for full-time employees. The Chicago school has done an impressive job making labor movements the cause for any and all ills in our society.

+1 it is so stupid to say suggest that the entire cost of this will be passed on to consumers and cause a wage-price spiral which hurts workers, especially when a) UPS says it is cutting its revenue forecasts sharply in the article and b) there is ample evidence from the last couple of years that inflation has been caused by firms sticking with high prices they pushed on us from supply chain problems even after those problems are gone.

Basically it’s Panglossian view that says workers should be glad with whatever crumbs management is willing to give them.

Labor costs always get passed on to consumers. You're just an idiot to think otherwise.

Wait until there's a recession or economic slowdown. They will be forced to increase prices are margins become compressed due to rising labor costs. Labor is always the most expensive cost. Price increase will come.

So who should get a good wage then? No one?

Skilled workers, workers with education, entrepreneurs, business owners. Just being a slab of meat to do hardwork shouldn't mean a high salary. Picking up trash is hard work. Roofing is hard work. Junk hauling is hard work. Landscaping is hard work.

You gonna pay them $170k too? Hard work does not automatically mean valuable work.

And why do you think this should be the case?

Paying outrageous compensation for jobs that require no education and no skill is going to obliterate the economy with runaway inflation.

What difference is there in skill and education between the migrant picked up from the Home Depot parking lot to weed your garden vs the UPS driver? They both work hard, they probably both have no specialized skills, and they both often have no advanced education needed for the job. You gonna pay the gardener $170k to take care of the school grounds because is hard work too?

Way to automate yourself out of existence. UPS is probably chomping at the bit for automated trucks and drones to deliver so they can cut 90% of labor costs.

But paying outrageous (i.e., high) wages for jobs that do require education/skill won’t obliterate the economy? Why? Please explain.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This should be exhibit A whenever people try to tell you that unions are a bad thing.

Come back when ups raises its delivery costs to reflect this generous compensation package. I doubt you’ll be touting how great this is when the t shirt gift to Timmy costs you 35.00 to ship.

Yup. People are cheering it.

Wait until all of this gross wage inflation gets passed to consumers. It will be runaway wage driven inflation.

It took you 35 working years for you to save and your 401k to become worth $2M? Ooopps too bad, that $2M now worthless because wage inflation has ruined your entire life's savings.

I dunno, my life feels very similar to how it did the last time UPS workers negotiated a bigger salary for full-time employees. The Chicago school has done an impressive job making labor movements the cause for any and all ills in our society.

+1 it is so stupid to say suggest that the entire cost of this will be passed on to consumers and cause a wage-price spiral which hurts workers, especially when a) UPS says it is cutting its revenue forecasts sharply in the article and b) there is ample evidence from the last couple of years that inflation has been caused by firms sticking with high prices they pushed on us from supply chain problems even after those problems are gone.

Basically it’s Panglossian view that says workers should be glad with whatever crumbs management is willing to give them.

Labor costs always get passed on to consumers. You're just an idiot to think otherwise.

Wait until there's a recession or economic slowdown. They will be forced to increase prices are margins become compressed due to rising labor costs. Labor is always the most expensive cost. Price increase will come.

So who should get a good wage then? No one?

Skilled workers, workers with education, entrepreneurs, business owners. Just being a slab of meat to do hardwork shouldn't mean a high salary. Picking up trash is hard work. Roofing is hard work. Junk hauling is hard work. Landscaping is hard work.

You gonna pay them $170k too? Hard work does not automatically mean valuable work.

And why do you think this should be the case?

We pay professional sports stars exorbitant salaries for physical "hard" work. Why not others? You're not going to do it.

[Anonymous]

I worked at a place where union people made 45k they wanted 100k. The union reps and mgt made it happen in a press release and union staff was pissed.

First was a 5 year contract.
Second it was at end of 5 years
Third included benefits
Fourth they agreed grandfathered so new employees would not be adjusted and would be tier two workers. Starting less than 45k

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The news report states that at the end of the new contract, UPS drivers will average $49 per hour ($102,000 per year) and $50,000 in benefits. Not sure how they arrive at the $170,000 figure because-using the numbers in the article--total compensation in 5 years will average $152,000 of which $50,000 is benefits.

And the benefits are probably only health insurance and 401k.

I am always suspicious of total compensation measures because they often monetize stuff like vacation and the employer share of health insurance costs that people general take for granted when evaluating the salary at a job.

UPS drivers are taking home $90-100k in salary alone. That's more than the median income of masters degree holders. College is becoming increasingly overrated and a terrible ROI. Have fun making $58k per year with your worthless college degree that put you $130k in debt. Meanwhile you could have just driven a stupid truck for UPS making almost $100k per year and needed no education or advanced training.

PP here and that's a fair point but a far cry from the $170K cited in the OP. It just seems dishonest to present it that way.

Also, things may have changed but I believe you have to work as a package handler before you can be a driver so it's not guaranteed that the driver job will be an option for some time.

[Anonymous]

Anonymous wrote: I value the work of UPS drivers a hell of a lot more than I do lawyers. I’d be thrilled to see drivers earning twice as much.

Yeah? Come say this again when you need one of us lawyers.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The news report states that at the end of the new contract, UPS drivers will average $49 per hour ($102,000 per year) and $50,000 in benefits. Not sure how they arrive at the $170,000 figure because-using the numbers in the article--total compensation in 5 years will average $152,000 of which $50,000 is benefits.

And the benefits are probably only health insurance and 401k.

I am always suspicious of total compensation measures because they often monetize stuff like vacation and the employer share of health insurance costs that people general take for granted when evaluating the salary at a job.

UPS drivers are taking home $90-100k in salary alone. That's more than the median income of masters degree holders. College is becoming increasingly overrated and a terrible ROI. Have fun making $58k per year with your worthless college degree that put you $130k in debt. Meanwhile you could have just driven a stupid truck for UPS making almost $100k per year and needed no education or advanced training.

Traditionally, college was never really about gaining any actual qualifications for white collar jobs. A bachelor's degree was required for certain well-compensated positions as a proxy for class. The post WWII GI bill resulted in an explosion of the ability to attend college (and in the number of colleges), and it became an imperfect proxy. The devaluation of the college degree, at least with regard to the job market, was inevitable -- the ROI couldn't last given the explosion in access. At any rate, many college degrees (practical majors like engineering and accounting aside) don't train anyone to do anything that is any more challenging than driving for UPS (and a lot of it is less challenging).

Oh, and not sure what makes trucks "stupid"?

[Anonymous]

These drivers deserve more than 80% of the people that post on this board with a crappy liberal arts degree thinking they deserve 6 figures because they have a degree and provide no real benefit to anyone.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The news report states that at the end of the new contract, UPS drivers will average $49 per hour ($102,000 per year) and $50,000 in benefits. Not sure how they arrive at the $170,000 figure because-using the numbers in the article--total compensation in 5 years will average $152,000 of which $50,000 is benefits.

And the benefits are probably only health insurance and 401k.

I am always suspicious of total compensation measures because they often monetize stuff like vacation and the employer share of health insurance costs that people general take for granted when evaluating the salary at a job.

UPS drivers are taking home $90-100k in salary alone. That's more than the median income of masters degree holders. College is becoming increasingly overrated and a terrible ROI. Have fun making $58k per year with your worthless college degree that put you $130k in debt. Meanwhile you could have just driven a stupid truck for UPS making almost $100k per year and needed no education or advanced training.

Traditionally, college was never really about gaining any actual qualifications for white collar jobs. A bachelor's degree was required for certain well-compensated positions as a proxy for class. The post WWII GI bill resulted in an explosion of the ability to attend college (and in the number of colleges), and it became an imperfect proxy. The devaluation of the college degree, at least with regard to the job market, was inevitable -- the ROI couldn't last given the explosion in access. At any rate, many college degrees (practical majors like engineering and accounting aside) don't train anyone to do anything that is any more challenging than driving for UPS (and a lot of it is less challenging).

Oh, and not sure what makes trucks "stupid"?

No everyone got the gi bill and not as simple as you make it sound.

[Anonymous]

Anonymous wrote:These drivers deserve more than 80% of the people that post on this board with a crappy liberal arts degree thinking they deserve 6 figures because they have a degree and provide no real benefit to anyone.

For what? Lifting boxes and using a gas pedal?

It requires no education. It requires no skill.

[Anonymous]

Anonymous wrote:

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.

That doesn’t explain your question about is anyone ok with this. What is there to not be ok with?

+1

So hateful

[Anonymous]

Eh, I don't have anything against them being paid well. I do have something against people constantly getting stuff shipped in giant disposable packages, but that's not really the workers' fault.

[Anonymous]

Why are some of you guys hating on these drivers? Many of them or not just dumb ducks off the streets. Just because a college degree is not required doesn’t mean they aren’t skilled. There is a lot of logistics that goes into to how they get packages delivered. They have extensive training for the drivers. It’s not as easy as it looks.

[Anonymous]

Anonymous wrote:

Anonymous wrote:These drivers deserve more than 80% of the people that post on this board with a crappy liberal arts degree thinking they deserve 6 figures because they have a degree and provide no real benefit to anyone.

For what? Lifting boxes and using a gas pedal?

It requires no education. It requires no skill.

If that’s all you think their job entails, you’re pretty ignorant.