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Brown Cafe UPS Forum
UPS Union Issues
UPS Profits - Where does the money go?
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<blockquote data-quote="Backlasher" data-source="post: 1060536" data-attributes="member: 6276"><p>I see were this is leading and couldn't dis agree more. It sounds as though this is an attack on our pay rate/ labor cost. We loss a good percentage to dividends and bonus. I can only speak for myself but I didn't ask for UPS to go public.</p><p></p><p>Speaking of payroll matching other companies in the same work force. Maybe they do get paid less (Fed-Ex,etc.) but their work production can't compare. They're volumn of pieces per car, Stops per rt. per mile,etc... not near our production. Our percentage of pay over their's is at least on par with percentage of production. You can't compare our payrate without comparing our production output.</p><p></p><p>As far as UPS needs to make a profit to invest in new Package cars, equipment, and expanding, I agree. 10% is fair. after all profit as % is based on volumn so even @ 10%, The profit is great.</p><p></p><p>10% of $100,000 = $10,000</p><p></p><p>10% of $100,000,000,000 = $10,000,000,000.</p><p></p><p>Can't base it on percentage cause in large volumn, even a small % is great.</p><p></p><p>If UPS had earnings in the $100,000 range then maybe the 10% profit isn't enough arguement would have a leg.</p></blockquote><p></p>
[QUOTE="Backlasher, post: 1060536, member: 6276"] I see were this is leading and couldn't dis agree more. It sounds as though this is an attack on our pay rate/ labor cost. We loss a good percentage to dividends and bonus. I can only speak for myself but I didn't ask for UPS to go public. Speaking of payroll matching other companies in the same work force. Maybe they do get paid less (Fed-Ex,etc.) but their work production can't compare. They're volumn of pieces per car, Stops per rt. per mile,etc... not near our production. Our percentage of pay over their's is at least on par with percentage of production. You can't compare our payrate without comparing our production output. As far as UPS needs to make a profit to invest in new Package cars, equipment, and expanding, I agree. 10% is fair. after all profit as % is based on volumn so even @ 10%, The profit is great. 10% of $100,000 = $10,000 10% of $100,000,000,000 = $10,000,000,000. Can't base it on percentage cause in large volumn, even a small % is great. If UPS had earnings in the $100,000 range then maybe the 10% profit isn't enough arguement would have a leg. [/QUOTE]
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