UPS Signs minimum hourly wage increase of 35.5% for part-time workers and average total driver compensation to $170,000

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via CNBC:

  • Part time workers will make $21 from currently $15.50.
  • Full time workers will be paid $49 an hour an increase of $7.50 over the contract. Total compensation with benefits will be $170,000.
  • Average base pay before overtime or benefits will be approximately $102,000.
  • The new contract includes pay raises for both part-time and full-time workers.
  • It also includes other improvements to work rules including an end to forced overtime.
  • Workers began voting on the new contract on August 2.
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American Airlines also approved 46% increase in compensation and the UAW is also demanding 46% increase in compensation, voting on August 22nd whether or not to authorize a strike.

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UPS workers ratified a massive five-year labor deal that includes big wage increases and other improvements to work rules and schedules, the International Brotherhood of Teamsters said Tuesday.

The deal passed with 86.3% of votes, the highest contract vote in the history of Teamsters at UPS, according to the union.

h/t absoluteunitVolcker

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