UPS TO pay drivers $170,000

[Anonymous]

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 margins are not “compressed” now? Which means this will not lead to a wage price spiral? But there will be a wage price spiral if a recession comes? I would be careful about throwing around the term idiot if I were you.

[Anonymous]

Such irresponsible reporting


Stating "$170,000" without details

[Anonymous]

It sounds like more like $100,000.

[Anonymous]

Anonymous wrote:

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.

Not "everyone" had to get the GI bill for it to forever change education and the impact of education on the job market. Almost half of the 16 million returning vets took advantage of the GI bill's education benefit. The college market was literally flooded with students who were not of the upper class seeking a degree. It changed everything. The changes in the value of a college degree, now compared to, oh, say, 1939, or even 1955, are vast and the causes are not "simple," I agree to that much, but the GI bill is what started it all with a huge push.

[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.

So what? If this is what UPS needs to pay to get and keep people in the job, that’s what it’s worth.

[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.

Yet it’s necessary for our society to function. Unlike your fine arts degree.

Come back here when you order your school supplies on Amazon and they say the estimated delivery time is November

[Anonymous]

Anonymous wrote:

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.

So what? If this is what UPS needs to pay to get and keep people in the job, that’s what it’s worth.

+1

It’s called capitalism.

Want to make that much money? Work on your driving skills and try to get a job.

[Anonymous]

Anonymous wrote:

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.

So what? If this is what UPS needs to pay to get and keep people in the job, that’s what it’s worth.

This. People responding sound so ignorant. A job is worth what it takes to keep someone doing that job well. If the job isn’t necessary, and no one will do it, then it doesn’t matter. The wage can stay low. If it’s necessary, and people will only do it for a high wage, then it’s worth that wage. If people were willing to do it for minimum wage, then that’s what they’d offer.

So, thank Bezos, but delivery drivers are incredibly necessary for our lives and if they have to pay that wage for anyone to want to do it, then that’s what the job is worth.

Go be a UPS driver if it sounds so cushy!

[Anonymous]

Anonymous wrote:It sounds like more like $100,000.

Who cares? I’m a teacher so I will earn if I move from teaching to ups driving.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It sounds like more like $100,000.

Who cares? I’m a teacher so I will earn if I move from teaching to ups driving.

Great! A new career choice opened up for you!

[Anonymous]

Anonymous wrote:

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.

Yet it’s necessary for our society to function. Unlike your fine arts degree.

Come back here when you order your school supplies on Amazon and they say the estimated delivery time is November

Costco shelf stocker is also required for society. You gonna pay them $170k too?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

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.

Yet it’s necessary for our society to function. Unlike your fine arts degree.

Come back here when you order your school supplies on Amazon and they say the estimated delivery time is November

Costco shelf stocker is also required for society. You gonna pay them $170k too?

This isn’t the USSR. There’s no central planning committee that’s sets wages.

[Anonymous]

You know who's not here b**ing? UPS drivers. You know who's on DCUM? Lawyers, Feds and IT workers earning 200+ and just being a waste of space and complaining about that blue collar workers earning six figures is an abomination.

[Anonymous]

[twitter]

Anonymous wrote:

Anonymous wrote:

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.

Yet it’s necessary for our society to function. Unlike your fine arts degree.

Come back here when you order your school supplies on Amazon and they say the estimated delivery time is November

Costco shelf stocker is also required for society. You gonna pay them $170k too?

What school supplies? Based on salary schools are unnecessary for society.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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.

Yet it’s necessary for our society to function. Unlike your fine arts degree.

Come back here when you order your school supplies on Amazon and they say the estimated delivery time is November

Costco shelf stocker is also required for society. You gonna pay them $170k too?

This isn’t the USSR. There’s no central planning committee that’s sets wages.

No, but there is the mafioso organization known as unions strong arming companies into massively overpaying for unskilled, uneducated labor.

UPS is relishing the day coming soon when they can automate this hugely overpaid jobs out of existence.