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<blockquote data-quote="Trucker Clock" data-source="post: 5647675" data-attributes="member: 70932">My calculations included your mentioned profit. They take in an extra $1.75B, over and above accounting for expenses and current profit. The $1.75B additional income pays the $5/hr wage increase plus adding an addition $750M to profit and/or increased expenses. Add the $750M to expenses only and not profit, their profit will still be $1.5-$2B per quarter.And, I mentioned that expenses may increase a little as the years go by, but yearly raises will no longer be $5/hr after the first year. So the raises will only cost $250M per quarter year 2 (plus the original $1B). A $1 raise instead of $5 for year2. But, UPS will still take in the extra $1.75B per quarter, plus an additional $1.75B per quarter when they raise the rates again next year.Your calculator should now show that UPS pays out $1.25B the second year of the contract for increased wages, but now takes in $3.5B per quarter over and above what they make now. Plenty of money for expenses, stock buybacks, dividends and Carol&#039;s inflated salary.Year 3. They pay out $1.5B extra for the wage increases but now take in $5.25B per quarter.Year 4. They pay out $1.75B extra for the wage increase since year1, but now take in $7B extra per quarter due to rate increases.Year 5. $2B payed out and $8.75B extra taken in.Guess what? Our raises are not enough.</blockquote>

[QUOTE="Trucker Clock, post: 5647675, member: 70932"] My calculations included your mentioned profit. They take in an extra $1.75B, over and above accounting for expenses and current profit. The $1.75B additional income pays the $5/hr wage increase plus adding an addition $750M to profit and/or increased expenses. Add the $750M to expenses only and not profit, their profit will still be $1.5-$2B per quarter. And, I mentioned that expenses may increase a little as the years go by, but yearly raises will no longer be $5/hr after the first year. So the raises will only cost $250M per quarter year 2 (plus the original $1B). A $1 raise instead of $5 for year2. But, UPS will still take in the extra $1.75B per quarter, plus an additional $1.75B per quarter when they raise the rates again next year. Your calculator should now show that UPS pays out $1.25B the second year of the contract for increased wages, but now takes in $3.5B per quarter over and above what they make now. Plenty of money for expenses, stock buybacks, dividends and Carol's inflated salary. Year 3. They pay out $1.5B extra for the wage increases but now take in $5.25B per quarter. Year 4. They pay out $1.75B extra for the wage increase since year1, but now take in $7B extra per quarter due to rate increases. Year 5. $2B payed out and $8.75B extra taken in. Guess what? Our raises are not enough. [/QUOTE]

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