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Honored Contributor
Posts: 9,133
Registered: ‎12-12-2010

@gidgetgh 

Not only that, but think about how it wears down the body over the years, especially for the "lifers", those who stay with UPS all of their working life.  My husband worked for UPS during high school and could have stayed but ended up going to work for the airlines.  He knows friends who stayed with UPS and their bodies are worn out and broken down after all those years of lifting.  Just another perspective to think about...I'm fine with their salaries as well.  As another poster put it, that is salary + benefits (health, retirement, etc.).

Time is just a drop in the bucket compared to eternity. It isn’t how long you live that matters; it is how well you are prepared to die. ~~Colonel Robert B. Thieme, Jr.
Esteemed Contributor
Posts: 5,656
Registered: ‎10-11-2017

Re: Is This Too Much?

[ Edited ]

And you think shipping fees are high now. Probably won't be a lot of free shipping days anymore. Seems like most places are paying more than I ever earned after 45 years working.  We all pay for that by rising prices. 

Respected Contributor
Posts: 3,225
Registered: ‎03-16-2010

Re: Is This Too Much?

[ Edited ]

 

UPS reported a record profit for 2022 as its revenue reached $100 billion for the first time since its founding in 1907.

The company said Tuesday it earned $3.2 billion in the fourth quarter, little changed from a year ago and slightly better than analysts surveyed by Refinitiv were expecting. But it was enough to lift full-year earnings to $11.3 billion, up from what had already been a record, of $10.7 billion, a year ago.

The company has enjoyed three years of rapid growth as online shopping surged during the pandemic. In 2019, the year before the pandemic began, UPS reported revenue of $74.4 billion, and adjusted income of $6.5 billion.

 

 

Wonder how they earned record profits? 

 

This is from the Guardian and is about a yr old:

 

 

The wage gap between chief executives and workers at some of the US companies with the lowest-paid staff grew even wider last year, with CEOs making an average of $10.6m, while the median worker received $23,968.

A study of 300 top US companies released by the Institute for Policy Studies( IPS) on Tuesday found the average gap between CEO and median worker pay jumped to 670-to-1 (meaning the average CEO received $670 in compensation for every $1 the worker received). The ratio was up from 604-to-1 in 2020. Forty-nine firms had ratios above 1,000-to-1.

 

At more than a third of the companies surveyed, IPS found that median worker pay did not keep pace with inflation

Honored Contributor
Posts: 14,003
Registered: ‎03-09-2010

 

Questions without answers that have popped into my head:

 

Is it realistic to boycott UPS if one disagree's with their business model?

 

Should the service UPS provides be viewed as 'essential', and their pay scale regulated by a government agency? 

Esteemed Contributor
Posts: 6,306
Registered: ‎02-05-2011

I think education is generally an important step toward financial freedom.  Sure you could take one of these UPS jobs and make a good salary but at what cost.  Physical strength and endurance doesn't last as one ages. Pursuing a career and not a job is more fulfilling. I get college may not be for everyone, but being a UPS driver for life doesn't seem like a good long term option.

 

I appreciate their hard work and have no issue with them getting a good salary if that is their choice.  More power to them.

Esteemed Contributor
Posts: 7,725
Registered: ‎08-19-2014

@Trinity11 wrote:

@kaydee50 wrote:

@ninjawife wrote:

@Trinity11 wrote:

They said pay and benefits. Are they adjusting the salary by putting a price on the benefits, including the value of the benefits in the $170,000.00? At that pay scale, we will have kids not bothering with college.😳


@Trinity11 Not everyone is cut out to go to college.  That doesn't mean they shouldn't make a comfortable living for a hard day's work. 


Agree 100%.  Not everyone should go to college, and IMO a college education is overrated.  I too appreciate the hard work UPS/Fedex and other drivers do.  They deserve whatever they can get.


I never said that everyone needs to go to college. I thought of it as a positive for kids strained financially to attend college. Now they can make a liveable wage @kaydee50 . Just another choice.

 

A college education is the best gift a child can have if they wish to pursue a profession. It is not overrated.


@Trinity11  I totally agree with you.For those who want to pursue a profession a college degree isn't overrated. Kids should not go to college & incur that expense if they're not interested,just to say they did.

 

 There are many career/ job options that can be financially rewarding that don't require college degrees. They should continue to pay well to attract good candidates . An education is a means to an end but it isn't the only means.One isn't better than the other. It's just different.

Honored Contributor
Posts: 13,749
Registered: ‎11-16-2014

@NicksmomESQ wrote:

@Trinity11 wrote:

@kaydee50 wrote:

@ninjawife wrote:

@Trinity11 wrote:

They said pay and benefits. Are they adjusting the salary by putting a price on the benefits, including the value of the benefits in the $170,000.00? At that pay scale, we will have kids not bothering with college.😳


@Trinity11 Not everyone is cut out to go to college.  That doesn't mean they shouldn't make a comfortable living for a hard day's work. 


Agree 100%.  Not everyone should go to college, and IMO a college education is overrated.  I too appreciate the hard work UPS/Fedex and other drivers do.  They deserve whatever they can get.


I never said that everyone needs to go to college. I thought of it as a positive for kids strained financially to attend college. Now they can make a livable wage @kaydee50 . Just another choice.

 

A college education is the best gift a child can have if they wish to pursue a profession. It is not overrated.


@Trinity11  I totally agree with you.For those who want to pursue a profession a college degree isn't overrated. Kids should not go to college & incur that expense if they're not interested,just to say they did.

 

 There are many career/ job options that can be financially rewarding that don't require college degrees. They should continue to pay well to attract good candidates . An education is a means to an end but it isn't the only means.One isn't better than the other. It's just different.


My son went to a magnet school in Bergen County, New Jersey for high school @NicksmomESQ . He still has many friends who own their own plumbing, home improvement businesses that attended trade schools. They make an excellent livable wage. 

Trusted Contributor
Posts: 1,159
Registered: ‎05-24-2015

@Kachina624 

 

I read that the 170k annually comes with a [mandatory] 5 year contract and

you will get the worst routes and the worst hours.

Respected Contributor
Posts: 2,862
Registered: ‎03-10-2010

If it includes benefits, that is not a high amount.  A fraction of employees have to draw heavily each year for insurance, for instance.  Some do need leaves of absence, but from time to time.

 

During Covid, I came to appreciate the UPS even more, as they kept things going when (where I live, anyway) when everyting else was unreliable due to short staffing or simply no longer available.  I couldn't do that for a living--for one thing, I hate driving--     Smiley Happy  The UPS people are well-trained and efficient, too--

Esteemed Contributor
Posts: 6,776
Registered: ‎06-19-2010

@ninjawife wrote:

@Trinity11 wrote:

They said pay and benefits. Are they adjusting the salary by putting a price on the benefits, including the value of the benefits in the $170,000.00? At that pay scale, we will have kids not bothering with college.😳


@Trinity11 Not everyone is cut out to go to college.  That doesn't mean they shouldn't make a comfortable living for a hard day's work. 


If I had to deliver packages every day in July when it was over 110 -120 degrees with no a/c I would want and feel I deserve that money. College is not for most people. Any more it's just a waste of time unless you go for a very specific career path like doctors or lawyers or engineers. College should not be 4 years either. To much wasted time taking wasted classes that cost to much money. You should already have those skills (Math, English etc) coming out of high school. You shouldn't have to take them over again and pay for them for decades.