What can 83 cents an hour buy you? A UPS-Teamster contract - Supply Chain Quarterly Will 83 cents move the needle for more than a quarter of a million UPS Teamsters? That is the annualized hourly wage increase, spread out over 5 years, that full-time unionized UPS workers would receive if Teamster members ratify a tentative contract agreed to last Thursday by the company and union leaders. The proposal calls for full-time hourly wages to rise by $4.15 an hour over the life of the contract, which would take effect Aug. 1 and run through the end of July 2023. Full-timers would thus receive an 83 cents-an-hour wage hike on each contract anniversary date.