Early Buy-out for 2010?

Discussion in 'UPS Partners' started by cwmaxxout, Dec 2, 2009.

  1. cwmaxxout

    cwmaxxout Member

    Could early buy-out for 2010 be on the way, for Drivers, and Management? UPS must adjust too many people, not enough boxes! Many employees that have 30+ years but need the right combination may want out!
  2. trplnkl

    trplnkl 555

    I'll believe it when it happens. I sure wouldn't hold my breath.
  3. Cezanne

    Cezanne New Member

    You would have better odds having breakfast with BIGFOOT.:wink2:
  4. Dizzee

    Dizzee ɹǝqɯǝɯ ɹoıuǝs

    Mmmm, Brownmonster love bacon.... 1971.png
  5. randomUPSISer

    randomUPSISer New Member

    Dont get your hopes too high. This rumor seems to show up EVERY YEAR around this time.
  6. brownmonster

    brownmonster Man of Great Wisdom

    I make a mean bacon, egg and cheese sandwhich.
    Lasted edited by : Mar 13, 2014
  7. Anonymous 10

    Anonymous 10 Guest

    Lets hope so there is way too much fat. If they cut 6000 management it could save 700,000,000.
  8. tieguy

    tieguy Banned

    And if the union would cut their excess management then its possible our people might have a nice retirement.:happy-very:
  9. cwmaxxout

    cwmaxxout Member

    Last year after Peak season there were along period of very slow volume, meaning over staffing! I don't think that UPS will let the same thing occur again! Dead weight only if economy picks up justifiy keeping people to the stock holders! This Company believe people lie numbers don't! What's your opinion?
  10. randomUPSISer

    randomUPSISer New Member

    700,000,000 / 6000 = 116,666.67

    Do you honestly think the average management employee cost that much?
  11. wkmac

    wkmac Well-Known Member

    Start factoring in bennies and other elements and yeah, you are in the general average ballpark and a fulltime employee is likely not to much below that figure either!

    It's easy to think we only cost the gross figure on a paycheck but I'd go so far as to say that this amount is only about 60% of our total cost to the company.

  12. Is this number with or without the value of the turkey??
  13. cwmaxxout

    cwmaxxout Member

    Turkey $25 x 6000= 150,000 management

    What's the total Hourlies worlwide?
  14. Anonymous 10

    Anonymous 10 Guest

    Thats a very fair number and then some.
  15. blue efficacy

    blue efficacy Active Member

    Not trying to be Mr. Negative here, but the union is responsible for the mess. They are making full time drivers just too expensive.
  16. airbusfxr

    airbusfxr New Member

    The buyout will be layoffs.
  17. 24in11togo

    24in11togo New Member

    Coworker signed retirement papers this week. Last actual work day will be will be December 30th and will be on payroll for vacation time earned. 20 years in management and is 56 years old. He is not waiting for any early retirement / buy out / force out. Would have to work another 5 years to gain any pension increase. Found another job, less pay but hopefully less stress combined with pension should be OK. Several over 20 year folks have recently quit. They grew tired of the constant pressur for not making unobtainable goals. The buy outs will be force outs.
  18. softshoe

    softshoe Member

    Not trying to be Mr. Negative here, but MANAGEMENT is resposible for the mess. They are making SUPERVISORS just to expensive.
  19. tieguy

    tieguy Banned

    we tried to make them force outs last time but lost many good people instead.
  20. randomUPSISer

    randomUPSISer New Member

    Thats what ALWAYS happens when you set up the environment like UPS has been doing the last 1-2 years. The truely good people will seek out greener pastures (3 down in my area in the last 2 years... several more are actively looking. I'm passively looking because I'm too much a retard to leave on my own accord... )

    In I.S., that type of turnover is pretty high. In my area now, we have 3 people who I would say are "good", and the rest are people whom I dont think could find a job elsewhere if they tried.