‘Amazon better pay attention’: UPS CEO says delivery drivers will earn an average of $170K in newly ratified 'historic' contract — but one driver says that's ‘a bit of an exaggeration'

UPS workers have approved a new contract that promises an average of $170,000 in annual pay and benefits by the end of the five-year term, according to the company's CEO, although a UPS driver argues that additional factors such as medical insurance and pension also need to be considered.

yahoo.com

Relevant topic timeline:

8/22/2023

UPS workers ratify 5-year contract, averting potentially crippling...

United Parcel Service (UPS) workers have ratified a new five-year contract, eliminating the possibility of a strike and ensuring timely Christmas deliveries while also improving pay and working conditions.

8/23/2023

Teamsters approve UPS contract with raises for drivers, package sorters

Unionized UPS workers have voted to accept a five-year contract that includes significant pay raises, workplace improvements, and the elimination of certain unfair practices, marking a major success for the U.S. union movement.

8/24/2023

UPS deal raises pay for thousands of employees in Alabama

Thousands of UPS workers in Alabama will receive raises as part of a contract agreement reached with the company, benefiting drivers, warehouse workers, and mechanics.

9/12/2023

UPS CEO Defends New Teamsters Contract, Calls it a 'Win-Win-Win' Despite Stock Drop

UPS CEO Carol Tome said that the costs incurred by the company for the new Teamsters contract are less than the "$30 billion in new money" touted by the union, emphasizing that it is a cost-effective and fair deal.

9/14/2023

UPS Driver's Viral $2,400 Weekly Paycheck Sparks Debate Over Union Wages

UPS driver's pay has sparked both complaints and praise, as a viral Reddit post revealed that some drivers can earn over $2,400 for a week of work, highlighting the benefits of the recent pay increase negotiated through the Teamsters union.

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Posted 8/25/2023, 6:30:00 PM