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Brown Cafe UPS Forum
UPS Partners
Management Buy-out and Pension cut
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<blockquote data-quote="jersey" data-source="post: 143988" data-attributes="member: 7731"><p>i just got home from work.I work at UPS in Secaucus and the rumors have been flying the last 3 days.The last thing i heard before i left was that the offer was for grades 18 and up and the formula was monthly salary x years of service x23 x.2.Lots of people hoping this is just the first group to be offered an ero.I heard that by sept. 07 there needs to be a reduction of 12% in the non union workforce.Again though there is no specifics as to how or if it is management and admin or just management.We have heard the pcm will be on monday morning.This is going to be a long weekend.</p></blockquote><p></p>
[QUOTE="jersey, post: 143988, member: 7731"] i just got home from work.I work at UPS in Secaucus and the rumors have been flying the last 3 days.The last thing i heard before i left was that the offer was for grades 18 and up and the formula was monthly salary x years of service x23 x.2.Lots of people hoping this is just the first group to be offered an ero.I heard that by sept. 07 there needs to be a reduction of 12% in the non union workforce.Again though there is no specifics as to how or if it is management and admin or just management.We have heard the pcm will be on monday morning.This is going to be a long weekend. [/QUOTE]
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