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The way in which the union was structured meant that all Teamsters would receive synonymous benefits, regardless of what company they actually worked for. These benefits were controlled by the Teamsters multi-employer pension fund. UPS wanted to back out of the plan, and offer their workers a new pension plan that UPS would control. [6]
UPS delivery drivers earn an average of $95,000 a year in wages alone, according to a company fact sheet. That’s 60% higher than the median wage for all full-time American workers, which is ...
The Teamsters Union and UPS reached a tentative contract agreement Tuesday to avoid a potentially disastrous strike that would have had wide-ranging effects on the economy. “Today, the Teamsters ...
Teamsters leaders representing 340,000 UPS employees have already announced tentative deals toward a new five-year labor contract, addressing air conditioning in vehicles, workforce structure and ...
Teamsters union members furious with a decision by union leaders to ratify a five-year contract covering United Parcel Service Inc.'s (NYSE: UPS) small-package workers, despite the contract ...
UPS and the Teamsters reached a tentative deal on a new labor contract Tuesday, potentially averting what could have been a crippling strike. What it means really is up to the 340,000 rank-and ...
The 401(k) has two varieties: the traditional 401(k) and the Roth 401(k). Traditional 401(k) : Employee contributions are made with pretax dollars, lowering your taxable income.
Rank-and-file members of the Teamsters union have overwhelmingly ratified a five-year deal with UPS, putting an end to the threat of a crippling strike.