DorkHead
Well-Known Member
The only thing that will ever change it will be and all out revolution.
Which came very close to happening with the "Occupy Wall Street" movements across the country.
The only thing that will ever change it will be and all out revolution.
UPS has never promised "free" (or near it) lifelong benefits to retirees. And retired UPSers will be one of the few workers to retain benefits, and perhaps at the most affordable cost. It's still a very generous, valuable perk. Nor is it not as if you weren't compensated handsomely, often with above-market wages & benefits, for the work you performed.
UPS is still a business and needs to look out for its best interests now & in the future. I also despise bloated executive pay, but until a strong movement in this country takes shape to increase general wages & benefits (real compensation for most Americans continues to decline, despite record productivity - UPS is an exception), it's not going to change and handicapping UPS will hurt - not help - our cause. Kinda like if the Chicago Cubs decided that the market for pitching had become too bloated, and thus they were only going to pay $5M/year for a #1 starter. Think it's going to work?
Don't worry Milkman. You're going to be able to keep these benefits for quite awhile because this thing is going to go on for years. The word is out now.
So I guess they lied about what we were told we would get upon retirement? And when I retired I knew that at age 65 I would no longer have them..I knew that also, never expected lifetime benefits. How would you feel if someone double crossed you? Have you ever had someone go back on their word to you? I was well paid while a driver, yes we made good money, yes I helped make this company into the Global Giant it is today, yes I endured tons of crap daily like we all did, only to have my efforts for over 25 yrs to help this company Grow..... Then to have my benefit pkg whittled Down.. Yeah....that's fair... I guess they could not wait for me to turn 65?
Don't worry Milkman. You're going to be able to keep these benefits for quite awhile because this thing is going to go on for years. The word is out now.
We're going to get more no votes on the supplement the second time around then we did the first. Who cares if we don't get the raise right now. That's just
money in the bank. Meanwhile we keep the same great healthcare we always had at no cost to you. Both the IBT and UPS have no idea what to do next. And I'm sure the plan was for Davis to leave once this contract was settled. Now they don't know what to do about that either. This whole thing is just plain fun to watch. For the first time the sheep didn't
fall in line. How dare they do that. It's great.
This is what we call a completely off topic response to defer attention away from the actual point that was made. No where did I say that I was under compensated nor did I complain about my pay or benefits package. In fact if you were to do a search of my posts on this forum I think you would find that I have not complained about my income or benefit levels ever.
The statement I made was that your obviously out of touch with the day to day operations at my UPS location. We cannot get anyone to drive in our building. They post an interest sheet and 1 person will sign up. The guy that started on the preload the week prior. If they agree to start them, they all quit after 1-2 days. Seasonals come in work for 2-5 days and never answer their phone again when UPS calls. They all are well aware of the compensation package and the benefit package yet they all walk away!!
Something must be wrong!!!
Ya, Scott Davis, an american hero. Kicking off the spouses of its NON Union workforce from company health insurance plans, while he takes HUGE compensation bonuses.
Its the american way I guess. Screw your employees, then have a guy like BAGELS praise you, then give yourself a bonus while telling everyone you cant afford them.
Genious.
Peace
TOS
And quite honestly, all the FT drivers earning in excess of $30/hour (plus full no-cost health & welfare benefits) who believe nobody could replicate their work performance and/or nobody else would work for the wage they earn really needs to get over themselves.
...But the IBT just negotiated a contract in which, in less than five years, FT UPSers will be among the top 4-5% of all single-employer (in other words, wages as measured in what your job pays ... as opposed to household, which is your income, your spouse's income, interest & investment income, etc.) wage earners in the country. Additionally, UPSers will be among only 2.5% of all private employers still receiving no-cost benefits -- with actual payouts & out-of-pocket expenses ranking among the best. The annual pension, which will be hiked, will be among the top 1% of all private employers; the median is currently $7200 annually -- an amount most UPSers will bank in just over two months. UPSers are among the 15% of employees of private-employers that will receive retirement health care benefits, and they'll pay just a fraction of the median $20,000 annual premium.
It's hard to phantom how FT UPSers are getting screwed. The reality is, if you put in an inferior CEO and the company had an inferior performance, you certainly wouldn't be receiving the compensation package that you're getting.
Sounds good to me, this is how all workers should be treated.
We have this 'package' because we are represented by a strong Union, a dying scenario in the USA.
Are there politics involved? Absolutely!
You seem to have a hang-up about the compensation package for FT drivers.
As a FT driver, I will tell you, quite frankly, that I earn every single penny that I'm paid.
UPS is certainly an anomaly in this day and age, vis-a-vis the symbiotic Union/corporate relationship, highlighted by our very generous compensation package. Yet UPS is still on top (these Fed-ex guys are a joke)...how could this be?
The current UPS/Union relationship is a holdover, or an after-image of a time (Jim Casey?) when Unions and corporations worked together.
Lately, it's just $$$$, shareholder concerns, global initiatives, NASDAQ, etc.
Now if we just had single-payer in this country...(sorry, wrong thread...).
As I've written multiple times, I certainly don't agree with our society's view of continually differing corporate profits to executive management while real compensation elsewhere decreases. But the IBT just negotiated a contract in which, in less than five years, FT UPSers will be among the top 4-5% of all single-employer (in other words, wages as measured in what your job pays ... as opposed to household, which is your income, your spouse's income, interest & investment income, etc.) wage earners in the country. Additionally, UPSers will be among only 2.5% of all private employers still receiving no-cost benefits -- with actual payouts & out-of-pocket expenses ranking among the best. The annual pension, which will be hiked, will be among the top 1% of all private employers; the median is currently $7200 annually -- an amount most UPSers will bank in just over two months. UPSers are among the 15% of employees of private-employers that will receive retirement health care benefits, and they'll pay just a fraction of the median $20,000 annual premium.
It's hard to phantom how FT UPSers are getting screwed. The reality is, if you put in an inferior CEO and the company had an inferior performance, you certainly wouldn't be receiving the compensation package that you're getting.
What does any of this have to do with the ratio of CEO vs Employee?
The CEO of ALbertsons supermarkets is making hundreds of millions of dollars anually, while cutting stores, wages and benefits for his employees, saying "they" cant afford them.
This is the strategy of wall street, screw the employees and take the profits for themselves.
At the end of the day, the american consumers buying power is reduced and the economy driven into deeper recessions.
Did you miss the GW Bush years?
Peace
TOS
As I've written many times, I think the continued surge in executive compensation - at the expense of the working class - is sickening.
But let's be realistic. To those who feel FT drivers are entitled to 100% of the profit (which is mystifying, considering IBT-represented FT comprise less than 25% of the workforce): Upper management creates the blueprint that we build from. If we were to cap executive pay at UPS, the company simply would not attract strong enough talent to produce strong profits, let alone the record performances it's yielded in this economy. You know what will happen when UPS earns less? We will earn less.
Yeah, that Scott Davis is a real whiz kid. If he's our top talent we're in trouble anyway.
Davis is trying to maximize profits for the short term but destroying UPS for the long term .
By making a mockery of things that made UPS a success - such as service. Spending dollars to save pennies. Uber micro management. You seem to be obsessed with the idea that UPS workers are overpaid. They are definitely not. If you took away all the mandatory OT they average wage would be much closer to average with much harder work required. And you can talk of squeezing more productivity from workers but it has reached the point of diminishing returns. UPS never had much slack in the system ( remember "The tightest ship in the shipping industry"? ) and it has reached a point where employees have no incentive to give any extra effort like they once did. When UPS crashes and burns Davis will have his golden parachute unlike everyone else.
If we were to cap executive pay at UPS, the company simply would not attract strong enough talent to produce strong profits, let alone the record performances it's yielded in this economy.
I am so tired of this line of reasoning. It's patently false. If executive pay were capped, sure, maybe we'd lose the overpaid underwhelming crop of useless old men that are currently installed by their corporate corny friends for obscene salaries... but do you really think there aren't thousands of young, smart, hungry business people willing to do it for less?...