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 Discussions
Big Thanks & Shout Out to the IBT...GREAT CONTRACT
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="dudebro" data-source="post: 3579684" data-attributes="member: 11234"><p>In all honesty, I took the next 5 years expected inflation and applied it to the current top driver rate to see what the "baseline" was with inflation. Inflation is expected to average about 2.4% per year. I came up with $4.10 over 5 years as a "COLA", more than this would be a raise. </p><p></p><p>At $4.15, the contract has a COLA for existing drivers - it's standard. It's not great, but it's not an insult either. </p><p></p><p>As for "record profits", no, there aren't. Domestic package revenue has gone up 4 billion from 2015-2017, and domestic package profit has remained level during the same period, including the tax cut. The last "record" domestic package profit was in 2015. The remaining profits are coming from non-US ops and freight.</p><p></p><p>These are the same company numbers many use to cry "record profits", so don't say you believe one number on the UPS financial reports and not another.</p></blockquote><p></p>
[QUOTE="dudebro, post: 3579684, member: 11234"] In all honesty, I took the next 5 years expected inflation and applied it to the current top driver rate to see what the "baseline" was with inflation. Inflation is expected to average about 2.4% per year. I came up with $4.10 over 5 years as a "COLA", more than this would be a raise. At $4.15, the contract has a COLA for existing drivers - it's standard. It's not great, but it's not an insult either. As for "record profits", no, there aren't. Domestic package revenue has gone up 4 billion from 2015-2017, and domestic package profit has remained level during the same period, including the tax cut. The last "record" domestic package profit was in 2015. The remaining profits are coming from non-US ops and freight. These are the same company numbers many use to cry "record profits", so don't say you believe one number on the UPS financial reports and not another. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Big Thanks & Shout Out to the IBT...GREAT CONTRACT
Top