Here's what it actually means.
.70 an hour / 2.45 a day / 12.25 a week / 49.00 a month / 588.00 a year
Approximate tax withholdings @ 35%
Net or actual take home pay for one year 206.00
Current heath care value Approx 12000.00 a year
No---No---No
Nice spin, but...
Because of paid time off (which is calculated at 4-hours per day), peak season and slight adjustments for volume irregularities, a PTer on the low end (e.g. somebody receiving only their guarantee) will receive credit for 1,000 hours annually.
Year 1:
0.70 * 1000 = $700
Year 2
1.40 * 1000 = $1400
Year 3:
2.10 * 1000 = $2100
Year 4:
2.90 * 1000 = $2900
Year 5:
3.90 * 1000 = $3900
TOTAL = $11,000
I'm aware the raises are split for the fourth & fifth year, but the OT earned during peak season will largely negate the effect. And persons averaging more than 3.5 hours will earn significantly more. Not many entry-level jobs will yield $11,000 in cumulative raises within 5 years.
And 35% withholdings? There's a large chunk of Preloaders I work with who pay NO federal income tax. Heck, many even get $$$ back from the government.
Your figures and calculations make a lot more sense.
However, the impact on a P/T having to pay for healthcare premiums and copays is considerable.
SOP - It's screw the part - timers.
How many part time jobs destroy your body? How many part time jobs are out there they expect 8 hours worth of work in 4 hours. Part timers get abused by UPS management daily. Part timers are under paid slaves....they deserve ever penny and benefit they receive!
Don't you mean deductibles (going from $0 to a phased in deductible of $200 for single/$400 for family by ~2017) and higher co-pays? There are no premiums under TeamCare.
Are there any jobs with good benifits you don't have to pay for every week? What about part time jobs. Find some and post them here.How many P/T jobs out there pay $10 and for 90% of the P/T, all their benefit compensation goes to pay for friend/T benefits.
Anybody know? Let me know when you find one.
The wages are under par yet they still come in in droves for the job. Why is this? I worked part time. I paid my dues and fought for my ft job. It's a part time job. I worked other jobs anywhere from 30 hours to 60 on top of my par time job. I never expected to get it all from ups. This is why I waitd for the full time opertunity.How many part time jobs destroy your body? How many part time jobs are out there they expect 8 hours worth of work in 4 hours. Part timers get abused by UPS management daily. Part timers are under paid slaves....they deserve ever penny and benefit they receive!
Part-Time Jobs with Health Benefits | Monster
Check out the jobs in the in the article above . See what you are qualified to do, then compare it to paid medical benefits for you and your family,a pension,paid vacation, and regular yearly raises. I will be making $25.54 per hour about $25K a year and the end of this contractfor working 19 hours a week part time with an accrued pension benefit of $1,100.00 + per month , all my old man maintainence prescriptions 100% paid for and 6 weeks paid vacation.Try getting that at Wallmart.It is a part time job for pete's sake
None that give you the benifits vacation pension paid holidays ect ect.Someone answer Rudy's question, how many part time jobs work you AS HARD as ups does in 3.5 hours and after the shift is over your body feels like its worked 8+ hours?
The wages are under par yet they still come in in droves for the job. Why is this? I worked part time. I paid my dues and fought for my ft job. It's a part time job. I worked other jobs anywhere from 30 hours to 60 on top of my par time job. I never expected to get it all from ups. This is why I waitd for the full time opertunity.
I loaded trucks before the scanners when you had to load twice the packages. I also preloaded sorted unloaded amongst other things and I'm ok. Lose the entitlement.
There are some legitimate gripes about the nature of PT work at UPS -- I know most of them because I'm a little more than a year out from hitting a decade and a FT job is still out of reach. And the movement of PT'ers from company plans to TeamCare (without maintaining the same level of coverage) is a concession. But our benefits - even under TeamCare - are still amongst the best in the private/public sector. My girlfriend recently got a ridiculously ludicrous gig using her masters-equivalent degree in the medical lab tech field and makes bank; but her medical/dental/vision benefits are nowhere near as good as mine.
I've heard people try and equate how hard they worked with how many packages they load a lot on here.I loaded trucks before the scanners when you had to load twice the packages. I also preloaded sorted unloaded amongst other things and I'm ok. Lose the entitlement.