Amount of raise on 8-1-09?

Discussion in 'UPS Discussions' started by 5starj, Jul 19, 2009.

  1. 5starj

    5starj New Member

    I have been discussing this with co-workers. How is our raise going to be split up? It's supposed to be split evenly half in August and the other half in February. With this raise being .75 are we getting 37 and a half cent on 8-1? I have a feeling we're going to get screwed somehow.
     
  2. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    If you are worried about not getting 1/2 of a cent raise (or 5 cents) until 6 months from now, I think you may already be screwed. :wink2:
     
  3. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    ...OR he simply has a very precise budget and the $.005 will really throw a wrench in the works.
     
  4. sano

    sano New Member

    Thats like 2 pennies every 40 hours. This company is always taking advantage of people.

    2 pennies is not even counting what we would lose if we get overtime. We should all file on this!
    :happy-very:
     
  5. Big Babooba

    Big Babooba Well-Known Member

    That 1/2 cent per hour + the overtime rate x the amount of employees affected x 6 months = BIG BUCKS to UPS
     
  6. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    Hoax/danny/tie, please correct me if I am wrong, but doesn't UPS have 2 banks to process their payroll, one on each coast? I have been told that they pay the employees on the West Coast from the East Coast bank and vice versa and make money on the interest that accumulates as the checks are processed. Is this true or was someone having some fun at my expense?
     
  7. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    Good point ... so collectively we might be getting screwed but as individuals ... ehh.
     
  8. Solidarity413

    Solidarity413 New Member


    If only we bargained as individuals .. :happy-very:
     
  9. Ghost in the Darkness

    Ghost in the Darkness Active Member

    .75 - (whatever you got in February)= Raise on 8-1
     
  10. MonavieLeaker

    MonavieLeaker Bringin Teh_Lulz

    You may be right...my paycheck comes from Texas
     
  11. tourists24

    tourists24 Well-Known Member

    we didnt get .75 last year or this year....... a political illusion

    but at least we GET a raise this year
     
  12. soberups

    soberups Pees in the brown Koolaid

    I'm guessing that 99% of all employees are on direct deposit. I am, and my money is deposited into my account before I even show up to work on Friday morning.
     
  13. 5starj

    5starj New Member

    I just asked a simple question....sorry:peaceful:

    It is a small sum of money I agree, I was just curious about how they were going to split it.
     
  14. upser_J

    upser_J New Member

    it will probably be .37 now and .38 in feb 2010. This split wage was the biggest concession the union gave up in to, but in all honesty, any raise now is better than none! True that UPS is saving millions, probably billions this way. I will be the last person to complain about having to wait for that half a cent
     
  15. hondo

    hondo promoted to mediocrity

    *sigh*
    Hi Lou, yes, it is a simple question. The answer is:

    • Aug. 1, 2009 raise = $0.375/hour
    • Feb. 1, 2010 raise = $0.375/hour
    I understand how unusual 1/2 cent looks, but that's the way it is. My local (only info I have ready access to) has had wage rates ending in $0.005 since at least 8-1-02, probably longer for all I know. Think of gas prices, almost always ending in $0.009. And if your wage includes an odd # of cents, say $12.87, the OT rate is $19.305
    If you're worried about being "screwed", don't worry about the half-cent. There are bigger and better ways to be "screwed", IF YOU LET IT HAPPEN.