{"id":51702,"date":"2023-08-22T17:27:07","date_gmt":"2023-08-22T21:27:07","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/ups-workers-vote-to-approve-historic-five-year-contract\/"},"modified":"2023-08-22T17:27:09","modified_gmt":"2023-08-22T21:27:09","slug":"ups-workers-vote-to-approve-historic-five-year-contract","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=51702","title":{"rendered":"UPS workers vote to approve \u2018historic\u2019 five-year contract"},"content":{"rendered":"
\n

UPS employees approved a new five-year union contract with the delivery giant Tuesday, about a month after reaching a tentative deal that averted a strike of 340,000 United Parcel Services workers.<\/p>\n

The Teamsters said 86.3% of members voted for the \u201chistoric\u201d deal, saying it was \u201cthe highest vote for a contract in the history of the Teamsters at UPS.\u201d
\n UPS,
\n -0.97%<\/bg-quote>\n <\/p>\n

\n

\u201cTeamsters have set a new standard and raised the bar for pay, benefits and working conditions in the package-delivery industry,\u201d Teamsters General President Sean O\u2019Brien said in a statement. \u201cThis is the template for how workers should be paid and protected nationwide, and nonunion companies like Amazon
\n AMZN,
\n -0.32%<\/bg-quote>
\n better pay attention.\u201d<\/p>\n

Among the parts of the contract the union highlighted were $2.75-an-hour raises for existing full- and part-time union members this year, and a total of a $7.50-an-hour raise over five years. All existing part-timers will earn at least $21 an hour starting immediately per the contract, according to the Teamsters.<\/p>\n

The union also noted that the pay increases for full-timers will keep UPS Teamsters as the highest-paid delivery drivers in the country, with the average top rate rising to $49 an hour. In addition, the Teamsters said the new contract ends what it called the two-tier wage system at the company, with all UPS Teamster drivers currently classified as \u201c22.4s\u201d \u2014 or hybrid drivers and warehouse workers who were paid less than full-time drivers \u2014 to be reclassified immediately as RPCDs, or regular package car drivers.<\/p>\n

A UPS spokesperson sent the following statement from the company: \u201cOur Teamsters-represented employees have voted to overwhelmingly ratify a new five-year National Master Agreement that covers more than 300,000 full- and part-time UPS employees in the U.S.\u201d<\/p>\n

Amazon did not immediately respond to a request for comment.<\/p>\n

One local supplemental agreement that affects 174 workers in Florida will be renegotiated, the union said. The national master agreement will go into effect as soon as that supplement, which is one of 44 local supplements, has been renegotiated and ratified, the union said.<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

UPS employees approved a new five-year union contract with the delivery giant Tuesday, about a month after reaching a tentative deal that averted a strike of 340,000 United Parcel Services workers. The Teamsters said 86.3% of members voted for the \u201chistoric\u201d deal, saying it was \u201cthe highest vote for a contract in the history of […]<\/p>\n","protected":false},"author":1,"featured_media":51703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-51702","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nUPS workers vote to approve \u2018historic\u2019 five-year contract | iFintechWorld<\/title>\n<meta name=\"description\" content=\"UPS employees approved a new five-year union contract with the delivery giant Tuesday, about a month after reaching a tentative deal that averted a strike\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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