Full-time UPS drivers will earn an average of $170,000 in annual pay and benefits at the end of a five-year contract agreement, UPS CEO Carol Tomé said during an earnings call Tuesday.
Full-time UPS drivers will earn an average of $170,000 in annual pay and benefits at the end of a five-year contract agreement, UPS CEO Carol Tomé said during an earnings call Tuesday.
It’s actually 40 something now. If you pull the UPS Teamsters National Agreement for 2018-2023 there’s cost of living language in there that put them over $40. So let’s call it $50, plus the $2.50 raise that was just negotiated is $52.50. $52.50x40=$2100.00 x 52 = $109,200. Factor in benefits if you’d like on top of that.
That’s about in line with what I figured. Iirc they are all hourly, not salaried, and there are (anecdotally) very few weeks that are under 40 hours. 170k less $30k in benefits (ex- my fam healthcare for 3 ppl costs me $22k/yr - add disability, life, retirement contributions…) is 140k in direct pay. At $50/hr, that’s 2800hrs.