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<blockquote data-quote="PACNW" data-source="post: 2549908" data-attributes="member: 28323"><p>This happened at Boeing recently. Basically now a two teired system. Grandfathered into the pension and pay for 5 years of seniority or more, those with less get a 401k match and are on a new pay scale. It would not have passed if not for the big fat signing bonuses that were attached. The older employees sold out the younger ones for a one time payout.</p><p></p><p>UPS may never get us to a true 2 teired pay scale, but us continuing to allow them to push the progession to full scale further, and further out each contract is the next best thing for them.</p></blockquote><p></p>
[QUOTE="PACNW, post: 2549908, member: 28323"] This happened at Boeing recently. Basically now a two teired system. Grandfathered into the pension and pay for 5 years of seniority or more, those with less get a 401k match and are on a new pay scale. It would not have passed if not for the big fat signing bonuses that were attached. The older employees sold out the younger ones for a one time payout. UPS may never get us to a true 2 teired pay scale, but us continuing to allow them to push the progession to full scale further, and further out each contract is the next best thing for them. [/QUOTE]
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