Handshake Agreement

705red

Browncafe Steward
call 1 866 461-8881 for some details.
Thanks for the info, for those who havent called it says that its a 5 year deal with $9 an hour increase with pay and benefits over the 5 years. It does say to come back and check teamster website in the coming days for details. Lets wait and see.
 

Pollocknbrown

Well-Known Member
Ill wait to see all the details before i cast my vote. But if its a good contract, glad to see it get hammered out before the deadline so the CO doesn't lose customers in fear of a strike.
 

Griff

Well-Known Member
I'll be the first to call BS on a $9 raise over 5 years. Look at how much they press us now, imagine what they will pull to "justify" paying drivers $38/hr.
 

yeldarb

Well-Known Member
The phone message mentioned 9.00 an hour in Pay AND benefits. I am not sure, but would bet it would be somewhat close to 4.50 in raises, and 4.50 in benefit raises, just to match inflation.
 

705red

Browncafe Steward
I'll be the first to call BS on a $9 raise over 5 years. Look at how much they press us now, imagine what they will pull to "justify" paying drivers $38/hr.
Griff its not just hourly, so you wont see $9 an hour in pay. Your health and pension contributions are included in that raise.
 

brazenbrown

Well-Known Member
I'll be the first to call BS on a $9 raise over 5 years. Look at how much they press us now, imagine what they will pull to "justify" paying drivers $38/hr.

Wow, how great an early contract!!

What a gracious employee...You know you can always take a hike!:mad: UPS Pays it's drivers very well and yes I know we work very hard. I'd challenge anyone to find a $30+ an hour somewhere else with the same skill set.

I don't mean to sound harsh but that just sounded a little too entitled to me.:thumbup1:
 

trouble maker

Well-Known Member
Hey guys,let's face it. If our pensions and benefits improve, with a decent hourly increase every year, thats excellent. You're never going to see anymore holidays or more time off. For all you young guys and gals out there who don't have family's yet, the BENEFITS ARE HUGE.:thumbup1:
 

abbear

Active Member
Just to extrapolate off our current agreement if we increase pension contributions by $2 a week that would be $4.25 for pension over 5 years and $4.75 for wage increase over 5 years (.95 an hour).

While I am concerned about the pension issue I am also concerned about non economic issues as well and count them as equally important - ie mandatory overtime, new technology, etc.
 

Griff

Well-Known Member
Wow, how great an early contract!!

What a gracious employee...You know you can always take a hike!:mad: UPS Pays it's drivers very well and yes I know we work very hard. I'd challenge anyone to find a $30+ an hour somewhere else with the same skill set.

I don't mean to sound harsh but that just sounded a little too entitled to me.:thumbup1:

What are you all coked out on the weekend here or what? Nothing in that comment had anything to do with entitlement.
 

scratch

Least Best Moderator
Staff member
UPS Freight also got an agreement in Indianapolis, according to www.teamsters.org. This will serve as a contract model for the rest of UPSF in the rest of the country. Still no more details than what everyone else has posted here.

I am glad to see an early deal, I look forward to seeing the details soon.
 

moreluck

golden ticket member
UPS, Teamsters Agree on New Five-Year Contract
Sunday September 30, 8:27 pm ET Accord Is Negotiated A Year Early
CHICAGO--(BUSINESS WIRE)--UPS (NYSE:UPS - News) today announced it had reached a tentative agreement with the International Brotherhood of Teamsters on a new five-year contract covering approximately 240,000 full- and part-time package employees in the United States.
The tentative contract, which now must be presented to UPS Teamster-represented employees for ratification, was negotiated nearly a year in advance of the current contract's expiration on July 31, 2008. Upon ratification, most provisions of the new agreement will take affect on August 1st, 2008.
"This agreement is good for our people, good for our customers and good for our company," said Mike Eskew, UPS's chairman and CEO. "This agreement will allow us to remain competitive in a challenging marketplace. And the fact that we have reached an agreement earlier than at any time in our history is a testament to the skills and determination of all those involved in these talks."
The tentative contract includes wage increases as well as significant contributions to healthcare and pension plans to help strengthen these benefits for employees. The agreement allows UPS to withdraw employees from the Central States multi-employer pension plan and to establish a jointly trusteed single-employer plan for this group. UPS will make a pre-tax $6.1 billion payment to the Central States plan in connection with its withdrawal.
"This is an historic time for our company and for our people," Eskew concluded. "This past summer, we celebrated the 100th anniversary of our founding. It gave us the opportunity to reflect on all that we have achieved together and, more importantly, how well positioned UPS is for success in the coming years. This agreement will help to ensure that future success."
UPS, which celebrates its 100th anniversary in 2007, is the world's largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information and funds. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. UPS's stock trades on the New York Stock Exchange (UPS) and the company can be found on the Web at UPS.com. To get UPS news direct, visit pressroom.ups.com/RSS.
Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements, including statements regarding the intent, belief or current expectations of UPS and its management regarding the company's strategic directions, prospects and future results, involve certain risks and uncertainties. Certain factors may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which we operate, governmental regulations, our competitive environment, strikes, work stoppages and slowdowns, increases in aviation and motor fuel prices, cyclical and seasonal fluctuations in our operating results, and other risks discussed in the company's Form 10-K and other filings with the Securities and Exchange Commission, which discussions are incorporated herein by reference.


Contact:
UPSNorman Black, Public Relations404-828-7593orAndy Dolny, Investor Relations404-828-8901
 

dirty moose

Well-Known Member
Eligible UPSers will vote on ratification of the new agreement in the coming weeks.


can someone explain this one to me?
i have almost 4 years of service, 2.5 part time
and the rest full time.
am i an "Eligible" UPSER?
 
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