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UPS Union Issues
INFLATION
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<blockquote data-quote="JonFrum" data-source="post: 315288"><p>No one under any circumstances will receive a cost-of-living adjustment (COLA) during the first nineteen months of the new contract. The earliest possible date will be August 1, 200<strong>9.</strong></p><p></p><p>The COLA formula is rather stingy, so you do not get compensated for the first 3% raise in inflation. Further, if the inflation rate exceeds 3%, it must exceed it by more than 5-cents since only a raise of more than 5-cents will actually trigger a payment. If inflation rose only 3-point-something percent year after year, you would not get a COLA raise, even as these increases kept piling on top of one another over time.</p><p></p><p>No new driver will be eligible for a COLA until he has completed the new three year progression. Existing drivers must have completed their two-and-one-half year progression.</p><p></p><p>New and existing part-timers must complete their five year progression. Which means it is nearly impossible to be hired during this new contract and get a COLA raise.</p><p></p><p>New Inside/Inside Article 22.3 people must complete a three year progression. Current Inside/Inside people must complete their two year progression. </p><p></p><p>Combo Inside/Air Drivers must wait two years on the Air Driving portion, and possibly several years on the Inside portion if they have less than five year's company seniority.</p><p></p><p>Many people will leave the company before completing their progression and so their replacement will start all over from scratch with a new progression. Especially in the case of part-timers, the endless turnover may mean COLA raises will be unatainable to many.</p><p></p><p>In recent memory we have only received a single twelve-cent COLA raise in 2006.</p><p></p><p>And yet some members see a flier that says we're covered by a cost-of-living formula and vote "Yes." I don't get it.</p><p></p><p>[See Article 33 - Cost of Living]</p></blockquote><p></p>
[QUOTE="JonFrum, post: 315288"] No one under any circumstances will receive a cost-of-living adjustment (COLA) during the first nineteen months of the new contract. The earliest possible date will be August 1, 200[b]9.[/b] The COLA formula is rather stingy, so you do not get compensated for the first 3% raise in inflation. Further, if the inflation rate exceeds 3%, it must exceed it by more than 5-cents since only a raise of more than 5-cents will actually trigger a payment. If inflation rose only 3-point-something percent year after year, you would not get a COLA raise, even as these increases kept piling on top of one another over time. No new driver will be eligible for a COLA until he has completed the new three year progression. Existing drivers must have completed their two-and-one-half year progression. New and existing part-timers must complete their five year progression. Which means it is nearly impossible to be hired during this new contract and get a COLA raise. New Inside/Inside Article 22.3 people must complete a three year progression. Current Inside/Inside people must complete their two year progression. Combo Inside/Air Drivers must wait two years on the Air Driving portion, and possibly several years on the Inside portion if they have less than five year's company seniority. Many people will leave the company before completing their progression and so their replacement will start all over from scratch with a new progression. Especially in the case of part-timers, the endless turnover may mean COLA raises will be unatainable to many. In recent memory we have only received a single twelve-cent COLA raise in 2006. And yet some members see a flier that says we're covered by a cost-of-living formula and vote "Yes." I don't get it. [See Article 33 - Cost of Living] [/QUOTE]
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