Earlier quoted context omitted.
That's what people who have underpayed workers normally say. A pay upgrade for employees firsts lowers the income of the company and that's bad for owners and investitors, not the users. Users get higher prices way later in that game.
UPS will have to increase shipping costs which directly hurts the poor with their Amazon purchases.
UPS driver pay and benefits deal in US to be worth $170k a year, firm says
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Re: UPS driver pay and benefits deal in US to be worth $170k a year, firm says
#72Good. These people have one of the most difficult and essential jobs out there. Bezo became one of the richest people in the world because these drivers were some of those who reliably delivered the last mile of Amazon's business.
Re: UPS driver pay and benefits deal in US to be worth $170k a year, firm says
#73Re: UPS driver pay and benefits deal in US to be worth $170k a year, firm says
#74Good. These people have one of the most difficult and essential jobs out there. Bezo became one of the richest people in the world because these drivers were some of those who reliably delivered the last mile of Amazon's business.
In what way is the job of a UPS driver difficult and essential?
Do you have things shipped to your house? I think most people would consider that essential in 2023.
Re: UPS driver pay and benefits deal in US to be worth $170k a year, firm says
#75that's more what I'm payed as a senior dev ... maybe I should change career
Do you want back pain and constant work for 10 hours? I don’t. And I did make way more. But keep in mind that physical labor jobs are continuous work and hard on the body. As a swe I could work an hour, go for a walk to think, work another 2 hours, play ping pong with the PM while we discuss something, and enjoy multiples in RSUs. Just saying.
Sounds like you have a pretty nice SWE job, perhaps in the valley? But your experience is not typical.
Re: UPS driver pay and benefits deal in US to be worth $170k a year, firm says
#76Earlier quoted context omitted.
You are wrong. UPS does not make anything close to $75 B per year in profit.
Looks like they made $100B in revenue and $74B profit in 2022. https://www.macrotrends.net/stocks/charts/UPS/ups/revenue UPS annual revenue for 2022 was $100.338B, a 3.14% increase from 2021. UPS annual revenue for 2021 was $97.287B, a 14.96% increase from 2020. UPS annual revenue for 2020 was $84.628B, a 14.22% increase from 2019. UPS annual gross profit for 2022 was $74.152B, a 3.08% increase from 2021. UPS annual…
Re: UPS driver pay and benefits deal in US to be worth $170k a year, firm says
#77that's more what I'm payed as a senior dev ... maybe I should change career
I'm not sure I can put a dollar cost on the theoretical toll that a package delivery job puts on your body versus being a dev.
Re: UPS driver pay and benefits deal in US to be worth $170k a year, firm says
#78that's more what I'm payed as a senior dev ... maybe I should change career
The $170k number comes from the employer, and the article expresses no curiosity about which end of the confidence interval at the end of 5 years that benefits fall on. Future cost-of-labor numbers from the employer may incorporate burden and liability forecasts as well, as those are considered to be a portion of labor expense when discussing compensation. The article also seems to be doing its own math to arrive at hourly rates, naively assuming that an entire amount is paid compensation and doesn't include benefits or overtime.
The base rate being increased from (apparently?) $18.50 to $21 is a red flag that should have us asking critical questions. Delivery driving is destructive to one's body and dangerous. $18.50/hour is a ruinous rate for work that's not unlikely to change the usefulness of your body.
Re: UPS driver pay and benefits deal in US to be worth $170k a year, firm says
#79I will pay more for items to be shipped to me and wait longer for them to arrive if it means the UPS drivers are treated fairly.