There have been blurbs about this story for the past year as far as I know in local paper's business section and in Wall St. Journal. It is true, group of ICs in Mass. and in California have had enough with being self employed, lease their truck, buy their gas, get suckered into it by thought of making big $$$ and after all is said and done, they are living below poverty. That's after working 14 hour days. To top it off, as ICs you would think you work for yourself, but from what I read and heard, there are more and more FedEx managers telling them what to do. If it walks like a duck, and talks like a duck...sounds to me that they are EMPLOYEES of the Fedex empire. Gotta give a tip of the hat to those dudes who got the ball rolling. Some were fired, harrassed, probably
ed with in other ways for testifying to NLRB. I guess you don't mess around with Fred S's "business model" of having the efficiency of three of his company's drivers do the job of one UPS driver. (dripping with sarcasm i hope you realize.
Once Fred has to take on the full labor costs involved--employees, their payroll, their benefits, vehicles ,fuel, maintenance, and actually pay these ICs who really are employees--whatever profits he thought he was going to make will be a wash. His outperforming stock will tank also.
Unions had their place when our grandparents were working in factories at the age of 5 and working 25 hours a day. I have been a Teamster, a supervisor at UPS, a courier at Fedex. They have their place in today's world also, but if they can't manage UPS's contribution to the Teamster pension fund, and do it without mismanagement, I'd be concerned if I was a UPS Teamster.
You have to believe that as much of a-holes your immediate boss may be, UPS is the largest contributor to that fund, correct. I would bet they make their payments promptly for the benefit of their own employees receiving a pension when they retire. What happens when the IBT screws with the money, you go to retire and the IBT tries to blame no money or mismanagement on UPS?
Hate to say it but the brotherhood doesn't have a real good reputation with handling things. If there was an alternative, it may be worth looking into. IF I was the one writing those checks to the IBT, I would want to be damned sure it went to my (UPS) employees. Yeah you are all brothers, but in the end do you really give a crap about the teamster working for Joe's trucking when it comes to getting your pension? When it comes to money, give me mine and I'll decide what charity I want to share it with. Just food for thought.