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<blockquote data-quote="Bagels" data-source="post: 1188592" data-attributes="member: 43436"><p>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 <u>median </u>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.</p><p></p><p>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.</p></blockquote><p></p>
[QUOTE="Bagels, post: 1188592, member: 43436"] 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 [U]median [/U]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. [/QUOTE]
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