Upper management gets 20% raise, I get less than inflation with a target on my back!

[Yaba Daba Do]

Nah dude, you're not rubber.
Your posting is childish.

Childish?

I'm rubber, you're glue, whatever you say bounces off me and sticks to you.

This was meant to be very serious. I even said it in a stern voice.

 

[Yaba Daba Do]

Pure speculation.

Yes that's why i said I'll have to wait till the actual proposal comes out to see the language.

 

[OrioN]

Yeah no offense Orion but at UPS 190 packages per day doesn’t even exist unless you’re in the boonies of the Northwest. Most routes do 350-450 a day. When I was in package 190 packages on my route would have been a 6 hour day. It never happened, ever.

Yup, I went from a tight ground suburbia route to a rural home delivery route to save wear n tear on my body

I will quote what you missed on page 4

PS, u missed the part where I worked pastmidnight that next day to empty out my truck... add another 20 stops in half an hour, butt 25 miles speeding to knock it out since I'm the only one on the road that night/morning...

Ben, it's all about the routes' demographic. I previously worked for ground before and had that much package count as yours, withonly about 70 miles and business pickups atthe afternoon... didn't like it when I could be doing a home delivery route with less strain on the body, rarely any pickups, but covering 230 miles a day. That's why my hours are jacked up... I'm not going to speed much and risk losing my license for my subcontractor

This is for more pay because others don't like driving up someone's dirt driveway in the dark , not knowing if there's a vicious dog or a shotgun on the porch to greet u.

I don't mind it, they know it's FedEx when I double tap on my horn as I drive in...

that sucks on that April day since I have to wait for the 10 hour rest period to start my new delivery shift

As Mr. Flintstone noticed, I'm racking up miles... already need 2 tires for the FedEx boxcar I'm driving. I'm not abusing the vehicle; it's the terrain of dirt and gravel road/driveways that are eating that tread

 

[Yaba Daba Do]

Wish it kinda worked that way....The first year's raise is 2.3% but then the following years it gets progressively smaller. And that is just with the assumption the $4.15 is divided equally for each of the 5 years! Meanwhile, inflation keeps on keeping on.

No one knows what inflation is going to be going forward. It doesn't just keep going up as a percentage, if it did it would go from 2% to 3% to 4% and so on. The fed aims for 2% inflation each year and it is usually right around that, sometimes more sometimes less.

 

[Yaba Daba Do]

I don't mind it, they know it's FedEx when I double tap on my horn as I drive in...

Could be UPS... just sayin

 

[browned out]

The continued level of collusion between the Teamsters and UPS that has gone on for years has got to stop. This behavior needs to be corrected.

UPS and the Teamsters already know the projected cost analysis if this CBA were to pass. We are not privy to these numbers. UPS major shareholders and insiders are.

The cost analysis is concerned with determining money value of inputs (labor, raw material), called as the overall cost of production which helps in deciding the optimum level of production.

UPS has run the numbers. UPS has a projection for what their profits will be for at least the next two years. And an estimate for the entire 5 year term of the contract. The Teamsters should be able to relay to the membership what the financial impact this agreement will have on the UPS bottom line. The dividend will continue to go up or at worst stay the same as it has every year since 2011. Since that time the average dividend yield has been 3.2%. in addition to the stock price increase. While we struggle to keep up with inflation.

The same UPS management machine that has put a metric on it taking 9 seconds to put your seat belt on, check your left mirror, left signal, look over your left shoulder, and get the package car moving has run the business plan on this cba as well. 12 seconds for the package selection process, saving 1 mile per driver per day with the ORION implementation, etc. The same financial gurus that brought the network optimization program have already figured out the cost/benefit analysis of the CBA.

If UPS was losing money; we would be open to concessions. But, why pray tell we would give concessions to a company that has billions of dollars in profits every year for the last decade or more?

This is a great business model for a greedy company with a company controlled union.

 

[Yaba Daba Do]

The same financial gurus that brought the network optimization program have already figured out the cost/benefit analysis of the CBA.

If this is true, considering their track record, i would have very little faith in the accuracy of those numbers.

If UPS was losing money; we would be open to concessions. But, why pray tell we would give concessions to a company that has billions of dollars in profits every year for the last decade or more?

How do companies grow? Do they have to reinvest profits into the business to grow it? If not then i guess they have hundred of billions in the bank and maybe we should get a $10/hr raise.

 

[dudebro]

If UPS was losing money; we would be open to concessions. But, why pray tell we would give concessions to a company that has billions of dollars in profits every year for the last decade or more?

If we were going out of business, you'd be "open" to a concession? UPS domestic package profit is decreasing as a percentage of revenue, and it's level in raw dollars. Do you think it should be a zero profit cooperative or something?

 

[browned out]

I am confused; I must need to get another transfusion to keep bleeding brown.

• Revenue Growth Tops 11% for 4Q17 and 8% for Full-Year 2017
• 4Q17 EPS of $1.27; Adjusted 4Q EPS of $1.67
• International Export Shipments Rose 16% in 4Q17, Full-Year up 15%
• Supply Chain & Freight Profit Jumps with Strong Revenue Growth of 21%
• U.S. Domestic Revenue up 8.4% on Higher Package Demand and Yields
• 2017 EPS of $5.61; Adjusted 2017 EPS of $6.01
• UPS Increases Investments for Growth in 2018
• Announces Full-Year 2018 Adjusted EPS Guidance Range of $7.03 to $7.37

Anyway you slice it. Greed and collusion will get someone into trouble sooner or later.

This company has made a ton of $. Anyone can come to UPS and get a job. Anyone with a work ethic. And they can make $70,000 a year or more. Yet UPS has trouble retaining employees.

We have given concessions for years even though the profit at UPS continues to rise.

I don't know how you spin the facts below. Maybe you have your own alternative facts. You are entitled to your own opinion but not your own facts.


Both FedEx and United Parcel Service have done right for investors over the past 15 years.

More importantly both companies have strong long-term growth runways that make them attractive dividend growth investments.

BUT at a fundamental level, UPS is hands down the superior company.

On the other hand, FedEx is the superior growth story and has a lot of low-hanging fruit when it comes to improving its operations.

At the current share prices, however, UPS holds the edge UNLESS you have a VERY long time horizon.

 

[DriveInDriveOut]

If we were going out of business, you'd be "open" to a concession?

Maybe.

UPS domestic package profit is decreasing as a percentage of revenue,

That is a choice the company has made. Doesn't change the overall numbers.

Do you think it should be a zero profit cooperative or something?

No. Do you think that zero sum game all or nothing over generalization exaggeration will win the argument?

 

[browned out]

Not quite. This is how UPS grows for the near future til ?. UPS Boosts Investments By $12 Billion On Favorable Tax Law Impact

This CBA may pass or may not. It is not a good deal for the UPS Teamster employee group as a whole. The CBA will be highly scrutinized by the NLRB especially with the UAW/Fiat Chrysler scandal in full focus of the Feds. The Hoffa led Teamsters are already in hot water due to union officials impropriety.

 

[dudebro]

Maybe.

That is a choice the company has made. Doesn't change the overall numbers.

No. Do you think that zero sum game all or nothing over generalization exaggeration will win the argument?

The statement I responded to was "billions" in profit. Should the profit of a company be capped at some leveL?

 

[DriveInDriveOut]

The statement I responded to was "billions" in profit. Should the profit of a company be capped at some leveL?

No.
The workers deserve a fair share of it.
We're gonna fight for that.
Deal with it.

 

[Eat Sleep Fish]

So will you drivers be a tad bit upset losing some overtime? I am not a driver but I kinda hate it when I don't get some overtime. Not hating here, btw just curious. Some folks really love the OT. I work with a few who are of the "get all they can get" mindset. Good for them but I have a life to live.

 

[dudebro]

I am confused; I must need to get another transfusion to keep bleeding brown.

Maybe you should read a financial statement. They tend to help with confusion:

Note that domestic package revenue is up an average of 5+% per year, but profit is level. That means expense is rising faster than profit for the business unit UPS Teamster drivers are in. That's not a picture of record profits year after year, but a picture of expense rising faster than revenue, and profit margin decreasing.

 

[dudebro]

No.
The workers deserve a fair share of it.
We're gonna fight for that.
Deal with it.

That's my question. "Fair" means what, exactly?

 

[DriveInDriveOut]

That's my question. "Fair" means what, exactly?

Depends, it's not a number set in stone.

There's a line the negotiators usually get close enough to that keeps everyone happy.

Sometimes the workers have to pull out the chains to measure. We might have one of those close calls soon.

 

[dogs.bite.me]

This is my whole point. What happens when we make 38% more than them or 48%? If the profit margins are basically even now and we demand significant raises what happens? Are they just supposed to say "you know what $4 billion is enough profit. We don't need the extra $2 billionto reinvest back into the business to grow it, so we will give that back to the hourly's." Would the profit margin stay at 5%? And if so please tell me how so i can become very wealthy off of this new business model.

I'm still looking for an answer from someone that says this $4.15 is insulting as to what an acceptable raise would be in addition to the substantial increases to Health and Welfare and pension that the press release says we are getting. This is not me being a smart ass, I genuinely would like to know what you think an acceptable raise would be.

You realize, the 5 billion in profit is what goes to share holders and the bank. They have already taken out the $$$ they reinvested into the business.

 

[Eat Sleep Fish]

You realize, the 5 billion in profit is what goes to share holders and the bank. They have already taken out the $$$ they reinvested into the business.

Wrong. Profit is just that. Minus ANY overhead. Hand over fist and we get this crappy "agreement".

 

[Yaba Daba Do]

You realize, the 5 billion in profit is what goes to share holders and the bank. They have already taken out the $$$ they reinvested into the business.

Companies generally use profits to re-invest, secure financing, or yes give back to shareholders in the form of dividends. If you don't give investors a return on their investment it would be a lot harder to find people to invest in said business.