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UPS to freeze pension plans for nonunion staffers
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<blockquote data-quote="TheFigurehead" data-source="post: 2928151" data-attributes="member: 49302"><p>I almost feel bad for mgmt, current and future... but on the other hand, not really. It's just one more concession UPS is forcing upon them on the race to the bottom. The management we have now is barely competent (there are a few rare exceptions, of course). What level of competence do you think our future management candidates will bring to the table when there is no longer any real incentive to work for UPS in a management role? </p><p></p><p>They keep taking and taking from both union and management alike in the name of pleasing their shareholder overlords. As it stands, we can't keep pt hourlies more than a few weeks. Most of the pt hourlies we do keep refuse to become drivers, as they know it's a raw deal, regardless of the pay (most people don't want to work 12 hours a day while getting screwed and belittled at every turn). 99% of the pt's who have been around longer than a month wouldn't take a pt sup position for double what they are paying now. The ones that did make that mistake are never going to move beyond pt sup, all while they are paying more and more for their benefits, losing their bonuses, and now losing their pensions.</p><p></p><p>We are quickly getting to the point where no one will be willing to work here... and the ones that are left will be left to pick up all of the slack while watching the benefits of working here erode before their eyes. Things will only get worse and worse for them, until they start quitting in droves.</p><p></p><p>Personally, I hope UPS gets what it deserves. I'd love to see a day when they no longer have the manpower to run their business. I mean, honestly, I'd rather they reverse course and start doing what's necessary to keep their workforce happy and emplyed with the company... but we all know that will never happen.</p><p></p><p>Enjoy your twilight years UPS. It might be 5 years, a decade, or 20 years... but sooner or later, you'll be out of business.</p></blockquote><p></p>
[QUOTE="TheFigurehead, post: 2928151, member: 49302"] I almost feel bad for mgmt, current and future... but on the other hand, not really. It's just one more concession UPS is forcing upon them on the race to the bottom. The management we have now is barely competent (there are a few rare exceptions, of course). What level of competence do you think our future management candidates will bring to the table when there is no longer any real incentive to work for UPS in a management role? They keep taking and taking from both union and management alike in the name of pleasing their shareholder overlords. As it stands, we can't keep pt hourlies more than a few weeks. Most of the pt hourlies we do keep refuse to become drivers, as they know it's a raw deal, regardless of the pay (most people don't want to work 12 hours a day while getting screwed and belittled at every turn). 99% of the pt's who have been around longer than a month wouldn't take a pt sup position for double what they are paying now. The ones that did make that mistake are never going to move beyond pt sup, all while they are paying more and more for their benefits, losing their bonuses, and now losing their pensions. We are quickly getting to the point where no one will be willing to work here... and the ones that are left will be left to pick up all of the slack while watching the benefits of working here erode before their eyes. Things will only get worse and worse for them, until they start quitting in droves. Personally, I hope UPS gets what it deserves. I'd love to see a day when they no longer have the manpower to run their business. I mean, honestly, I'd rather they reverse course and start doing what's necessary to keep their workforce happy and emplyed with the company... but we all know that will never happen. Enjoy your twilight years UPS. It might be 5 years, a decade, or 20 years... but sooner or later, you'll be out of business. [/QUOTE]
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