Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
what do part timers want in 2013
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="beentheredonethat" data-source="post: 968681" data-attributes="member: 4886"><p>At a very high level, Think of it for your own families household budget. The money you bring in from your paycheck is the "Income", all the money you spend (mortgage, insurance, food, entertainment etc etc) is your expenses. To make the math real simple, let's assume you earn $100 dollars in a week. For that same week, if you spent $105 dollars then you are getting in trouble since you spent $5 more then you took in and are running a deficit. If you spent only $95 dollars then you came out ahead $5. When you do that, you are running a 5% operating profit. In UPS example, they came out ahead $12 and is running a 12% profit margin. </p><p>Now, keep in mind, not everything shows up on the expenses. For example, if you borrowed money to buy your house, the expenses (per UPS cash flow) is only paying the interest only on the debt. Eventually you and UPS needs to pay that money back. So the profit can do that. (UPS borrowed heavily to pay the 6-7 billion dollar withdrawal for central states a few years ago). UPS has indicated they will borrow billions to buy TNT. Also, UPS like many companies pay divideds, so some of that money goes for the dividend payment. Also, UPS buys back stock from the market so there aren't as many shares outstanding. </p><p></p><p>Any company for any quarter can lose money and it's not a problem. But if you work for a company that loses money quarter after quarter after quarter. Most people will find they will soon be out of a job. (Since no one will work there). Or if they are lucky and the company reorganizes, they still have a job, but their pay is cut or the benefits reduced etc.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 968681, member: 4886"] At a very high level, Think of it for your own families household budget. The money you bring in from your paycheck is the "Income", all the money you spend (mortgage, insurance, food, entertainment etc etc) is your expenses. To make the math real simple, let's assume you earn $100 dollars in a week. For that same week, if you spent $105 dollars then you are getting in trouble since you spent $5 more then you took in and are running a deficit. If you spent only $95 dollars then you came out ahead $5. When you do that, you are running a 5% operating profit. In UPS example, they came out ahead $12 and is running a 12% profit margin. Now, keep in mind, not everything shows up on the expenses. For example, if you borrowed money to buy your house, the expenses (per UPS cash flow) is only paying the interest only on the debt. Eventually you and UPS needs to pay that money back. So the profit can do that. (UPS borrowed heavily to pay the 6-7 billion dollar withdrawal for central states a few years ago). UPS has indicated they will borrow billions to buy TNT. Also, UPS like many companies pay divideds, so some of that money goes for the dividend payment. Also, UPS buys back stock from the market so there aren't as many shares outstanding. Any company for any quarter can lose money and it's not a problem. But if you work for a company that loses money quarter after quarter after quarter. Most people will find they will soon be out of a job. (Since no one will work there). Or if they are lucky and the company reorganizes, they still have a job, but their pay is cut or the benefits reduced etc. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Union Issues
what do part timers want in 2013
Top