Teamster Buyout?

Do you pay my bills?
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Jones

fILE A GRIEVE!
Staff member
That doesent solve the problem of getting rid of expensive workers and hiring cheap workers they cost about half as much
I don't think they care about that as much as people think they do. I'm sure they would be happy if everyone leaving was at top rate, but their main goal is shrinking the workforce. Everyone is gonna be at top rate eventually anyway, so it all comes out in the wash.
 

rod

Retired 23 years
Normally the retiree would transition directly to a retiree healthcare plan without lapse in coverage; however, depending upon their individual situation, those who take this buyout with the intent to retire may be faced with a potential gap in coverage between their separation date and their retirement date. This is why it is crucial to start the retirement process immediately after going to the website on the letter to accept the buyout. I was under the impression that part of this buyout was coverage through the end of the year which is why I was hoping someone would post a full (redacted) copy of the letter.

Anyone who does not meet their pension fund's minimum requirements for a full pension and still chooses to accept this buyout would be on their own to find coverage, whether through their spouse or new employer.
:censored2: YOU DAVE
 
I don't think they care about that as much as people think they do. I'm sure they would be happy if everyone leaving was at top rate, but their main goal is shrinking the workforce. Everyone is gonna be at top rate eventually anyway, so it all comes out in the wash.
It's not juat the top rate it also takes a long time to get all of that vacation time.


Top rates is almost double the starting wage and how .any newbies last more than a couple of years?
 

Well-Known Member

Back From Break
I don't think they care about that as much as people think they do. I'm sure they would be happy if everyone leaving was at top rate, but their main goal is shrinking the workforce. Everyone is gonna be at top rate eventually anyway, so it all comes out in the wash.

But they save a lot of money for the next 4 years with the progression and less vacations for the replacements.

Each buyout job filled also counts toward their 22,500 full time opportunities for part timers.

Kills 2 birds with one stone. Save money and fulfill contractual obligations.
 

Thebrownblob

Well-Known Member
It's not juat the top rate it also takes a long time to get all of that vacation time.


Top rates is almost double the starting wage and how .any newbies last more than a couple of years?
Anyone hired after August 2019 it’s not a 0300 package car driver

They are a 0323 flex driver, which means the company can move them back-and-forth to Saturday to Monday with 10 days notice they can’t do that with 0300 drivers

The company loves that flexibility
 

Jones

fILE A GRIEVE!
Staff member
But they save a lot of money for the next 4 years with the progression and less vacations for the replacements.

Each buyout job filled also counts toward their 22,500 full time opportunities for part timers.

Kills 2 birds with one stone. Save money and fulfill contractual obligations.
Yeah that's a good point. I guess if the driving factor is overall labor cost rather than just a headcount they can get there by laying off 2 junior drivers for every 30 year driver that doesn't take the buyout.
 

BrownFlush

Woke Racist Reigning Ban King
Everyone is gonna be at top rate eventually anyway, so it all comes out in the wash.
Not if UPS can help it.
Think like Carol. Between a 5-10 year tenure is all they want drivers. Young, fast, hungry. The production will be off the charts. Then after a few years, they'll pile so much sht on you and bird dog you , you'll bolt to the parking lot.
Take your 401K (No pension anymore) and go somewhere where you don't have to kill yourself and catch hell when you clock out and clock in the next morning.

Next......
 
Not if UPS can help it.
Think like Carol. Between a 5-10 tenure is all they want drivers. Young, fast, hungry. The production will be off the charts. Then after a few years, they'll pile so much sht on you and bird dog you , you'll bolt to the parking lot.
Take your 401K (No pension anymore) and go somewhere where you don't have to kill yourself and catch hell when you clock out and clock in the next morning.

Next......
Exactly no more life time employees
 

nWo

Well-Known Member
Contractual issues with the buyout notwithstanding, I'm sure the company already has a rough idea of how many drivers they want to eliminate, and they're going to get rid of them one way or another. If not enough people take the buyout, they will just start laying off from the bottom.

Or just start sending people to panel.
 
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