UPS - Drop Off Your Old Gig Pick Up This Pay Package: UPS Drivers Make $170K Under New Deal | Benzinga
The International Brotherhood of Teamsters union reached a deal with United Parcel Service Inc (NYSE: UPS) last month to create more full-time jobs for workers and raise wages. UPS CEO Carol Tomé says the deal could boost pay and benefits to an average of $170,000 per year.
What To Know: The Teamsters union, which represents more than 330,000 UPS employees across the U.S., struck a five-year tentative collective bargaining agreement with UPS at the end of July.
Last week, the Teamsters received 86.3% of votes to ratify the historic agreement, which will bring full-time workers' wages up to an average of $49 an hour and raise part-time workers’ wages to at least $21 an hour. The deal also puts an end to mandatory overtime and increases holiday time, per a summary posted by the ...