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Massive retirements in 2013?
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<blockquote data-quote="Ms.PacMan" data-source="post: 989354" data-attributes="member: 4656"><p>Without knowing what UPS negotiates in the next contract I could never prove beyond a shadow of a doubt that it would make economic sense. </p><p>I'll use our 20 drivers as an example. </p><p>All in their 50's - could easily work another 5 years or however many to acheive 35. </p><p>If, as suggested, UPS asks and gets a 2 tiered pay scale or longer progression - the lower cost of those wages could save UPS more than the amount of a buyout. </p><p>Younger drivers usually equate to higher production (albeit with a higher frequency of accidents and injuries - but whose to say UPS doesn't want to start a revolving door of newly hired, fired, newly hired, to keep wages low). </p><p>It could be just a small buyout to push those who are close out the door.</p><p></p><p>Honestly though, after 20 yrs I know that UPS hates uncertainty more than anything else and they would probably love to orchestrate these "massive" retirements to happen by a certain date. I don't think they prefer a "massive" surprise retirement. My point is - the fact that it's a "massive" amount of people has to be driving them nuts for a variety of reasons and I think a buyout gives them back some control over the situation.</p></blockquote><p></p>
[QUOTE="Ms.PacMan, post: 989354, member: 4656"] Without knowing what UPS negotiates in the next contract I could never prove beyond a shadow of a doubt that it would make economic sense. I'll use our 20 drivers as an example. All in their 50's - could easily work another 5 years or however many to acheive 35. If, as suggested, UPS asks and gets a 2 tiered pay scale or longer progression - the lower cost of those wages could save UPS more than the amount of a buyout. Younger drivers usually equate to higher production (albeit with a higher frequency of accidents and injuries - but whose to say UPS doesn't want to start a revolving door of newly hired, fired, newly hired, to keep wages low). It could be just a small buyout to push those who are close out the door. Honestly though, after 20 yrs I know that UPS hates uncertainty more than anything else and they would probably love to orchestrate these "massive" retirements to happen by a certain date. I don't think they prefer a "massive" surprise retirement. My point is - the fact that it's a "massive" amount of people has to be driving them nuts for a variety of reasons and I think a buyout gives them back some control over the situation. [/QUOTE]
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