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Brown Cafe UPS Forum
UPS Union Issues
Raise in new contract
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<blockquote data-quote="Just A UPS Guy" data-source="post: 5624232" data-attributes="member: 73174"><p>Where you and a few others get into the weeds is by not looking at things relatively, you have to compare apples to apples. You're right, ABF made $290M and their workers got $6.50 over the life if the contract. If you take those numbers and compare directly, they have 8,600 workers, we have 340,000. </p><p>340 ÷ 8.6 = 39.535</p><p>8.6k workers made $290M, and we have about 39.5 for every one of theirs. Take they're $290M and break it down per employee. </p><p>290,000,000 ÷ 8,600 = $33,720.93 profit per employee. </p><p>$33,720.93 × 340,000 = $11.465B </p><p>$13.2B ÷ $11.465B = 1.1426% more profit per employee. </p><p></p><p>$6.50 raise directly correlated...</p><p></p><p>$6.50 × 1.1426 = $7.427 in raises. </p><p></p><p></p><p></p><p></p><p>This is your comparison, and this is how you math it.</p><p></p><p></p><p>That said, I'd like to see at least $8.50 which is +/- 20%</p></blockquote><p></p>
[QUOTE="Just A UPS Guy, post: 5624232, member: 73174"] Where you and a few others get into the weeds is by not looking at things relatively, you have to compare apples to apples. You're right, ABF made $290M and their workers got $6.50 over the life if the contract. If you take those numbers and compare directly, they have 8,600 workers, we have 340,000. 340 ÷ 8.6 = 39.535 8.6k workers made $290M, and we have about 39.5 for every one of theirs. Take they're $290M and break it down per employee. 290,000,000 ÷ 8,600 = $33,720.93 profit per employee. $33,720.93 × 340,000 = $11.465B $13.2B ÷ $11.465B = 1.1426% more profit per employee. $6.50 raise directly correlated... $6.50 × 1.1426 = $7.427 in raises. This is your comparison, and this is how you math it. That said, I'd like to see at least $8.50 which is +/- 20% [/QUOTE]
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