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Brown Cafe UPS Forum
UPS Union Issues
what do part timers want in 2013
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<blockquote data-quote="beentheredonethat" data-source="post: 968137" data-attributes="member: 4886"><p>It depends on your definition of huge, and how you measure it. Keep in mind that in the US Operations we had a 12.4% margin. So for every dollar we were paid by the customer it cost us 87.6 cents. We made 12.4 cents. However, of that money, some went to pay for dividends, some went to purchase major investments (new hubs, new technology, new planes, new pkg cars etc). Investing in the company comes after the profit numbers. So how much do you want to reduce our charges to the customer? or how much do you want to increase pay rates? What should that profit margin be? </p><p></p><p>Keep in mind, companies are in business to make money. It doesn't sound to me like 12.4% profit is "HUGE".</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 968137, member: 4886"] It depends on your definition of huge, and how you measure it. Keep in mind that in the US Operations we had a 12.4% margin. So for every dollar we were paid by the customer it cost us 87.6 cents. We made 12.4 cents. However, of that money, some went to pay for dividends, some went to purchase major investments (new hubs, new technology, new planes, new pkg cars etc). Investing in the company comes after the profit numbers. So how much do you want to reduce our charges to the customer? or how much do you want to increase pay rates? What should that profit margin be? Keep in mind, companies are in business to make money. It doesn't sound to me like 12.4% profit is "HUGE". [/QUOTE]
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