A couple drivers and I were sitting in office tonight taking lunch, and we were talking about how much drivers will be making in the next contract after this one. Interesting discussion really. Are they really going to continue to let drivers keep making more and more money hourly after we start making like over 40 bux an hour?
Yes, they are going to continue to give drivers raises up to and above $40 an hour and I'll tell you why. By the time UPS is paying its drivers $40/ hour, $40 will buy what $32.96 buys today or less. I'm going to say less. $40/hour only sounds like a lot to you because you are thinking in today's dollars.
For example, take the latest raise of $.70. $.70 is only 2.16% of 32.26. So if you assume inflation at 3%, UPS is actually getting the better end of the bargain. For us drivers to truly get a real raise it would have to be greater than 3% of our current rate. I can't think of 1 raise in 15 years that has been greater than 3% of our current rate. So in this sense we are not even getting a raise. Just keeping up with inflation.
Think about it. Doesn't UPS raise its rates every year along with FED-EX? These rate increases are bigger than 3% or the CPI inflation # because any CEO worth his salt is going to know this CPI# and raise his prices accordingly.
So yes, we get raises every year but the % number is ALWAYS going to be less than the inflation #. Or I should say less than the historical inflation #.
When they go into contract talks, UPS can confidently give a driver a $.70/hour raise because he knows the company is going to raise it's rates more than that, percentage wise.
Regardless of your opinion, the guys/gals at the top know what their doing.
Based on all those facts, us drivers have not gotten a real economic raise since I started driving in 1999.
$40/hour is going to keep our standard of living the same at the end of the next contract. Its not going to make us very well off regardless of how you perceive the $40/hour number.
Nothing more or less.
However, the $60/hour we would earn at OT rates could give us a better life. But, according to the majority of the people that post in this forum its never going to happen for them. Nobody wants to work over 9.5 and we all file grievances over it.
I like to argue that this is the time we are truly paid what we are worth and should welcome the overtime.
7-9 hours of OT is great. When you get to 10+ hours of OT I agree with the rest of you and say its too much.
Just my opinion...