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Brown Cafe UPS Forum
UPS Union Issues
Yes or NO on NEW CONTRACT?
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<blockquote data-quote="kingOFchester" data-source="post: 249940" data-attributes="member: 11246"><p>Some quick math to add.</p><p> </p><p>As I sit here "no bennies" self employed other then UPS....I pay a little over 20k a year for good insurance. After paying for dental and eye, I know it is more then that.....but lets call it 20k.</p><p>Lets base this on a 5 year work term. (that is about how long I HAD planned on working at UPS) decided i wanted to go all in and become a driver....</p><p> </p><p>INS kicks in after 6 months for us now. So after working 5 years I save 90,000.00 in insurance premiums, deductibles and meds.</p><p>Based on a 3.5 work day that is 4,550 work hours in the 5 years.</p><p>That means that I am earning an extra 20hr for the 5 years on top of pay.</p><p>If the said contract is correct and bennies will take a year and a half </p><p>New hire would now save about 70,000.00 in 5 years.</p><p>based on a 3.5hr work day that is 4,550 working hours in 5 years</p><p>That means the new hire will be earning an extra 15hr for the 5 years on top of their pay. That is a 25% decrease in pay. And that is based on a part timer staying on for 5 years. If they stay shorter....even more of a decrease.</p></blockquote><p></p>
[QUOTE="kingOFchester, post: 249940, member: 11246"] Some quick math to add. As I sit here "no bennies" self employed other then UPS....I pay a little over 20k a year for good insurance. After paying for dental and eye, I know it is more then that.....but lets call it 20k. Lets base this on a 5 year work term. (that is about how long I HAD planned on working at UPS) decided i wanted to go all in and become a driver.... INS kicks in after 6 months for us now. So after working 5 years I save 90,000.00 in insurance premiums, deductibles and meds. Based on a 3.5 work day that is 4,550 work hours in the 5 years. That means that I am earning an extra 20hr for the 5 years on top of pay. If the said contract is correct and bennies will take a year and a half New hire would now save about 70,000.00 in 5 years. based on a 3.5hr work day that is 4,550 working hours in 5 years That means the new hire will be earning an extra 15hr for the 5 years on top of their pay. That is a 25% decrease in pay. And that is based on a part timer staying on for 5 years. If they stay shorter....even more of a decrease. [/QUOTE]
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Yes or NO on NEW CONTRACT?
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