UPS has reached a contract agreement with its 340,000-person strong union Tuesday, averting a strike that had the potential to disrupt logistics nationwide for businesses and households alike.
Inflation is below 5% and should keep going lower over 5 years, especially if we dip into recession. If that works out to 2-3% real wage growth guaranteed regardless of a recession that’s pretty decent. Especially because that’s above and beyond any pay increases any individual worker would get for having more experience.
I agree it’s garbage, but isn’t it average or better than other industries? As a software dev I’ve gotten less than 5% most years (in contrast I’ve gotten >20% every time I’ve switched jobs).
It’s a good bump for part time, but $7.50 over 5 years is pretty garbage. That’s probably about 5% per year.
Inflation is below 5% and should keep going lower over 5 years, especially if we dip into recession. If that works out to 2-3% real wage growth guaranteed regardless of a recession that’s pretty decent. Especially because that’s above and beyond any pay increases any individual worker would get for having more experience.
I agree it’s garbage, but isn’t it average or better than other industries? As a software dev I’ve gotten less than 5% most years (in contrast I’ve gotten >20% every time I’ve switched jobs).
Unions make job hoping less beneficial though, so offering a slightly higher level, but still below inflation raise isn’t as nice overall.