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<blockquote data-quote="35years" data-source="post: 3570093" data-attributes="member: 60822"><p>Rumored 6 year deal.</p><p></p><p>With OT, full timer...</p><p>$1 more per hour = $12,500 over the 6 years. That is the value of just one yearly raise. </p><p></p><p>$12,500 first year raise</p><p>$10,000 second year</p><p>$7,500 third year</p><p>$5,000 forth year</p><p>$2,500 Fifth year</p><p></p><p>So how much of a bonus is worth a contact that gives substandard raises? Not to mention that bonus checks in leu of raises sets a lower hourly rate to build from the next contract.</p><p></p><p>A $40,000 bonus check with no raises would be a good deal for UPS on a 6 year contract because the following contract we start at a lower hourly wage.</p></blockquote><p></p>
[QUOTE="35years, post: 3570093, member: 60822"] Rumored 6 year deal. With OT, full timer... $1 more per hour = $12,500 over the 6 years. That is the value of just one yearly raise. $12,500 first year raise $10,000 second year $7,500 third year $5,000 forth year $2,500 Fifth year So how much of a bonus is worth a contact that gives substandard raises? Not to mention that bonus checks in leu of raises sets a lower hourly rate to build from the next contract. A $40,000 bonus check with no raises would be a good deal for UPS on a 6 year contract because the following contract we start at a lower hourly wage. [/QUOTE]
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