Thebrownblob
Well-Known Member
Deal!
Last. Best. Final.
- Thread starter Buffet Master
- Start date
MECH-II
🧔♂️✊
clean hairy
Well-Known Member
If only Monte Hall would have been there, "Let's make a deal!"
DELACROIX
In the Spirit of Honore' Daumier
In 1995 (eliminating the Thrift Plan, 6 in, 6 match.). The option to purchase UPS stock using the only the interest you accumulated when you were in that plan. That was then rolled into an IRA set up for retirement, same rules snd penalties as a current 401k.
Two years later the Company’s attempt to take over all our pensions nationwide.
I could be that the Company was participating a Strike in “97” thinking that the rank and file who attained UPS Stock would fall for it. They were caught off guard when Carey didn’t put it up for vote.
You are probably right..it was used as a leveraging tool. They sure didn’t do it out of kindness, suddenly they felt guilty by leaving their “help” out.
Remember that there is two types of UPS Stock back then. A and B, guess who kept the premium?
pkgdriver
Well-Known Member
I believe the shares were A and if you sold they changed in to B shares. I dont believe there was any monetary difference in them. The only difference was A had 10 voting shares and B one. Takeover prevention I suppose. Anybody else?
pkgdriver
Well-Known Member
You said its done
Give us the numbers
I do....we'll be fine and have solid gains. The question is how much/how good.
Last crew in charge didn't even remotely try to negotiate for us and to better our overall situation.
I personally am not worried one bit whatsoever.
A shares have 10-1 voting rights
Wontmake9.5
My job is fun
ing part time job. You are not suppose to have a livable wage doing part time hours.I worked 2 jobs for 9 years to support my family until I went full time. Started at 8.50 unloading trucks, I don’t get all this they deserve 25/hr Bs. I don’t think you should make a living wage working part time hours. There was a guy complaining on a fb ups site that he has 30 something years and get $2500 pension or something and is not happy about it. Wtffff Anyways yea
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Well it definitely should be making a little bit moreView attachment 436511I’ll get probably slaughter here for this but let’s talk about part timers. It’s a
What's fair? I don't know
Thebrownblob
Well-Known Member
Well, it has to be enough to get them to come into the door. Otherwise we’re the ones doing it all.
It's cheaper to pay us all extra overtime....
Wally
BrownCafe Innovator & King of Puns
Wontmake9.5
My job is fun
I guess it depends what they are after.. I looked at a part time job as school.. part time was highschool. Driving 4 years was college and top out was masters basically.. I also had a family so insurance was more important than what I was making an hour.. maybe they want a raise and don’t care about insurance idk. But even at 20/hr with the benefits they will receive plus the chance to go full time should be enough for most. But people want to get stuff without nothing. I see it everyday all these young drivers are getting fired for stupid things bc they don’t care about their job. And I don’t think they care bc they didn’t put in their times like we did. In my hub you had to work 7+ years to go full time. And once you made it you made sure you did everything right because you appreciated the hell out of the job.
In this day and age of “leakers” it’s disappointing we don’t have one from in the negotiations, management or union. I mean you have people leaking defense secrets, fbi leakers etc, stuff that’s way more important than these negotiations. Come on people, leak!
Wontmake9.5
My job is fun
Wally
BrownCafe Innovator & King of Puns
Lineandinitial
Legio patria nostra
Those that aren't kids / students still finding their way in life have their own businesses and they come to UPS PT for the Benefits. They conveniently forget the value of that.
