Nationally, the average pay increase that companies are giving their employees is just about 3%.
Some of my sources can be found here:
The Outlook for Pay Raises in 2017
and here:
The Average Salary Raise Percentage
Our 1st year raise (70 cents) will only be a 1.93% pay increase. Absolutely unacceptable !!!
The following 4 years of pay increases will be: 2.03%, 2.12%, 2.33%, and 2.53%. Again, completely unacceptable!
UPS is a well off, growing, and very profitable company. Combine that with a very robust economy, and significant federal tax cuts, there is absolutely NO GOOD REASON that we should expect, and accept, nothing less than a $1.09 (3%) pay raise the 1st year along with 3% increases to that the remaining 4 years.
There are several other items that can, and will, cause me to vote NO on this proposed contract. But keeping it Real and Up-Front, I work to live. So, one of the 1st things I look at in a new contract proposal are the pay increases (my "living" wage) This one, in my opinion, completely misses even the minimal benchmark.
I will vote NO.