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UPS Union Issues
Local 89 fighting back
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<blockquote data-quote="kingOFchester" data-source="post: 1166011" data-attributes="member: 11246"><p>3.01% is the average rate of inflation. So I would not call 3% extreme. That is the average. With this new contract, our mean raise rate is roughly 2.30%. This isn't even calculating the split raise the last 2 years. That would lower the rate from 2.3%. Our raises, to keep up with the average inflation rate should be:</p><p></p><p>.98</p><p>1.00</p><p>1.03</p><p>1.06</p><p>1.10</p><p></p><p>Based on a base of 2080 hours yearly this is how our raises would look like if the raises were inline with the historical average rate of inflation:</p><p>Year 1 $69,347</p><p>Year 2 $71,427</p><p>Year 3 $73,569</p><p>Year 4 $75,774</p><p>Year 5 $78,062</p><p>TOTAL $368,179</p><p></p><p>Based on a base of 2080 hours yearly this is how our raises will look:</p><p>Year 1 $68,764</p><p>Year 2 $70,220</p><p>Year 3 $71,676</p><p>Year 4 $36,306 + $36,774 = $73,080</p><p>Year 5 $37,242 + $37,710 = $74,952</p><p>TOTAL: $358,692</p><p></p><p>$9,487 a 2.64% difference.</p><p></p><p>I am not willing to say my buying power should be less in the future for the amount of work I do. Our work load will most likely go up. Allow my salary to at the very least rise at the average rate of inflation. Anything less then the average inflation rate would be the same as saying "we are overpaid". So which is it? Have we been overpaid? Yes, or no?</p></blockquote><p></p>
[QUOTE="kingOFchester, post: 1166011, member: 11246"] 3.01% is the average rate of inflation. So I would not call 3% extreme. That is the average. With this new contract, our mean raise rate is roughly 2.30%. This isn't even calculating the split raise the last 2 years. That would lower the rate from 2.3%. Our raises, to keep up with the average inflation rate should be: .98 1.00 1.03 1.06 1.10 Based on a base of 2080 hours yearly this is how our raises would look like if the raises were inline with the historical average rate of inflation: Year 1 $69,347 Year 2 $71,427 Year 3 $73,569 Year 4 $75,774 Year 5 $78,062 TOTAL $368,179 Based on a base of 2080 hours yearly this is how our raises will look: Year 1 $68,764 Year 2 $70,220 Year 3 $71,676 Year 4 $36,306 + $36,774 = $73,080 Year 5 $37,242 + $37,710 = $74,952 TOTAL: $358,692 $9,487 a 2.64% difference. I am not willing to say my buying power should be less in the future for the amount of work I do. Our work load will most likely go up. Allow my salary to at the very least rise at the average rate of inflation. Anything less then the average inflation rate would be the same as saying "we are overpaid". So which is it? Have we been overpaid? Yes, or no? [/QUOTE]
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