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In the 1970s, UPS had begun a process of replacing many full-time workers with part-time employees. [9] [10] In the 1980s, the wages of these part-time workers was cut to just $8 per hour. [11] According to research performed by Teamsters, almost two-in-three workers were classified as part-time, and receiving part-time compensation and ...
UPS said despite lower starting pay, the average part-time pay is $20 an hour, and that benefits are far more generous than at most part-time jobs, including pension, no-premium healthcare and ...
In 2023, approximately 330,000 UPS drivers, package handlers, and clerks are represented by the International Brotherhood of Teamsters with more than 50% of those being part-time workers. [84] [85] In 2023, the average UPS full-time package delivery worker with more than four years experience was paid $95,000 per year. [84]
The rankings below are the 30 largest public pension plans in the U.S., according to the 2018 list compiled by Pensions & Investments. [1] Because this information is now several years old, the numbers and rankings may no longer be entirely accurate.
In what UPS CEO Scott Davis calls "a win-win-win for our people, customers, and shareholders," the company has reached a "tentative agreement" with nearly 250,000 Teamsters Union employees on two ...
Part-time workers will now have an easier time contributing to their employers' 401(k) plans, thanks to a provision in the 2022 SECURE 2.0 Act that finally went into effect in 2025. This also ...
Many U.S. cities are allowed to participate in the pension plans of their states; some of the largest have their own pension plans. The total number of local government employees in the United States as of 2020 is 14.3 million. There are 11.1 million full-time and 3.1 million part-time local-government civilian employees as of 2020. [16]
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