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The relevant population of workers is 340,000 ; and they don't all work a full-time job. On the other hand, you did not calculate the annuities depending on the
by einpoklum 3y ago
The relevant population of workers is 340,000 ; and they don't all work a full-time job. On the other hand, you did not calculate the annuities depending on the hourly rate. Still, probably a lot less than your result. Not to mention how this will probably lock-in UPS workers for a number of years.
- silisili 3y agoGood points. I bet it's close, or a bit below as you said, in reality. The exact details would be impossible to figure out without knowing precisely hours works, how much each person makes, etc. I was trying to roughly show you can increase wages for an entire company without 'causing inflation.' UPS has been jacking up prices the last few years and just pocketing the change. Seems the employees caught on and want their share.