UPS hiring and increasing starting pay for package handlers, other entry-level positions

[cheryl]

UPS hiring and increasing starting pay for package handlers, other entry-level positions - WHAS 11

The United Parcel Service (UPS) in Louisville is the latest company in Kentucky to announce it is hiring. UPS says it is also increasing pay for some entry-level positions, a news release states.

The company says starting August 1st the wage for UPS package handlers and other entry-level operations positions increased from $14 to $14.50 an hour.

 

[rod]

 

[Ghost in the Darkness]

I bet the air will still be late.

 

[IVE GOTTA PACKAGE 4U]

UPS hiring and increasing starting pay for package handlers, other entry-level positions - WHAS 11

The United Parcel Service (UPS) in Louisville is the latest company in Kentucky to announce it is hiring. UPS says it is also increasing pay for some entry-level positions, a news release states.

The company says starting August 1st the wage for UPS package handlers and other entry-level operations positions increased from $14 to $14.50 an hour.

That was negotiated in this contract. The starting wage goes up every August 1st.

 

[DriverNerd]

That was negotiated in this contract. The starting wage goes up every August 1st.

Right. Company taking credit as something they did to support their employees. The contract still hasn't caught up with what our hub starts at ($15).

 

[IVE GOTTA PACKAGE 4U]

Right. Company taking credit as something they did to support their employees. The contract still hasn't caught up with what our hub starts at ($15).

If the starting part time pay kept up with the raises the drivers have gotten over the years it would be at least $20 and hour to start.

 

[...]

If the starting part time pay kept up with the raises the drivers have gotten over the years it would be at least $20 and hour to start.

If it had only kept up with inflation from what it was in the 80s, it would be about $17 or $18.

> Part Timers don't vote.
> Part Time raises don't increase as much as they could with proper pressure from the workforce.
> Part Timers complain about how the union doesn't do anything for them.
> Part Timers don't vote.

Gotta love it.

 

[IVE GOTTA PACKAGE 4U]

If it had only kept up with inflation from what it was in the 80s, it would be about $17 or $18.

> Part Timers don't vote.
> Part Time raises don't increase as much as they could with proper pressure from the workforce.
> Part Timers complain about how the union doesn't do anything for them.
> Part Timers don't vote.

Gotta love it.
[/QUOTE

30 plus years ago it was $8 an hour to start
Do a 2% increase per year compounded over 30 plus years and tell me what the number is

 

[trickpony1]

and tell me what the number is

I'll have to find my Texas Instruments calculator to do this.
I'm just a truck driver.
Hope this helps.

 

[IVE GOTTA PACKAGE 4U]

I'll have to find my Texas Instruments calculator to do this.
I'm just a truck driver.
Hope this helps.

You definitely are not a Dave, because he would have the exact answer

 

[Fred's Myth]

30 plus years ago it was $8 an hour to start
Do a 2% increase per year compounded over 30 plus years and tell me what the number is

I calculated it to $14.49.

Compound Interest Calculator | Investor.gov

Determine how much your money can grow using the power of compound interest.

www.investor.gov

 

[...]

I calculated it to $14.49.

Compound Interest Calculator | Investor.gov

Determine how much your money can grow using the power of compound interest.

www.investor.gov

I'm getting $14.58. 8e^[(0.02)(30)]

But the average rate of inflation was higher during that time, about 2.29%, so 8e^[(0.0229)(3)] = $15.90.

However, these calculations are meaningless because the contract isn't being negotiated in 2020. It was negotiated in 2018. The average yearly inflation rate between 1988 and 2018 was 2.54%, and this is the scenario I based my original comment on. So 8e^[(0.0254)(30)] = $17.14

Personally, I would have been happy if they could have gotten $15. They take such pride in promoting their "Fight for $15" activities supporting non-unionized fast food workers, that you'd think that they would be able and willing to get $15/hr for its own dues-paying members.

You'd think that. But apparently you'd be wrong.