Reply to UPS TO pay drivers $170,000

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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.[/quote]

And the benefits are probably only health insurance and 401k.[/quote]

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.[/quote]

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.[/quote]

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