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Brown Cafe UPS Forum
UPS Union Issues
Upper management gets 20% raise, I get less than inflation with a target on my back!
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<blockquote data-quote="browned out" data-source="post: 3583573" data-attributes="member: 8105"><p>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.</p><p></p><p>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.</p><p></p><p>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.</p><p></p><p>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.</p><p></p><p>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.</p><p></p><p>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? </p><p></p><p>This is a great business model for a greedy company with a company controlled union.</p></blockquote><p></p>
[QUOTE="browned out, post: 3583573, member: 8105"] 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. [/QUOTE]
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Upper management gets 20% raise, I get less than inflation with a target on my back!
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