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Showing Original Post only (View all)UPS, Teamsters reach labor deal to avoid strike [View all]
Last edited Tue Jul 25, 2023, 03:13 PM - Edit history (2)
Source: CNBC
UPS and the Teamsters union representing about 340,000 workers at the package carrier on Tuesday said they reached a preliminary labor deal that includes raises for both full- and part-time workers and narrowly avoids a potential strike that could have started next week.
It was the latest in a string of labor deals where workers from pilots to aerospace manufacturing employees have pushed for and won higher pay. The agreement is worth $30 billion, according to Teamsters General President Sean OBrien. The union went into this fight committed to winning for our members. We demanded the best contract in the history of UPS, and we got it, he said in a statement.
Existing part-time workers will get a raise to at least $21 an hour, if workers approve the new contract, the union said. Part-time pay was a sticking point in negotiations. Full-time workers will average $49 an hour. Current workers will get $2.75 more an hour this year and $7.50 an hour more during the five-year contract. The deal would also end mandatory overtime on drivers days off, according to an outline of the contract provided by the Teamsters.
Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers, UPS CEO Carol Tomé. This agreement continues to reward UPSs full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong.
Read more: https://www.cnbc.com/2023/07/25/ups-teamsters-reach-contract-to-avoid-strike-union-says.html
Article updated.
Previous updates/headline -
It was the latest in a string of labor deals where workers from pilots to aerospace manufacturing employees have pushed for and won higher pay. The agreement is worth $30 billion, according to Teamsters General President Sean O'Brien. "The union went into this fight committed to winning for our members. We demanded the best contract in the history of UPS, and we got it," he said in a statement.
Existing part-time workers will get a raise to at least $21 an hour, if workers approve the new contract, the union said. Part-time pay was a sticking point in negotiations. Full-time workers will average $49 an hour. Current workers will get $2.75 more an hour this year and $7.50 an hour more during the five-year contract.
The deal would also end mandatory overtime on drivers' days off, according to an outline of the contract provided by the Teamsters. Part-time pay was a point of contention during talks.
"Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers," UPS CEO Carol Tome. "This agreement continues to reward UPS's full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong."
It was the latest in a string of labor deals where workers from pilots to aerospace manufacturing employees have pushed for and won higher pay.
Existing part-time workers will make a minimum of $21 an hour, if workers approve the new contract, the union said. Full-time workers will average $49 an hour. It would also end mandatory overtime on drivers' days off, according to an outline of the contract provided by the Teamsters. UPS didn't immediately confirm the potential new wages. The tentative deal still faces a ratification vote by workers. The union could have begun a massive strike after July 31 if the two sides didn't reach a deal.
"Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers," UPS CEO Carol Tome. "This agreement continues to reward UPS's full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong."
The tentative deal still faces a ratification vote by workers. The union had planned a massive strike after July 31 if the two sides didn't reach a deal.
The Teamsters said the deal includes wage increases for both full- and part-time workers.
"Together we reached a win-win-win agreement on the issues that are important to Teamsters leadership, our employees and to UPS and our customers," UPS CEO Carol Tome. "This agreement continues to reward UPS's full- and part-time employees with industry-leading pay and benefits while retaining the flexibility we need to stay competitive, serve our customers and keep our business strong."
The tentative deal still faces a ratification vote by workers.
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Original article/headline -
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