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> 50k of benefits First cut at this would be $23k of pension, plus health insurance. (Average policy for a family of 4 is running around $25k; UPS may have a b
by runako 3y ago
> 50k of benefits
First cut at this would be $23k of pension, plus health insurance. (Average policy for a family of 4 is running around $25k; UPS may have a better plan than average.) It's fair for them to include these because comparable employers do not include either. (Though it make the compare to tech workers less direct.)
> almost half of their full-time drivers have been at the company for >15 years
There's a documented correlation between good benefits, low turnover, and higher profits.
- _aavaa_ 3y ago> It's fair for them to include these because comparable employers do not include either. It is fair, but not under the phrase "UPS workers make". That phrasing usually only refers to (pre- or post-tax) salary. > There's a documented correlation between good benefits, low turnover, and higher profits. I would believe it. All I meant to say is that the 95k average salary will be skewed by having half their full time employees being there for >15 years. I think you and I agree for the most part, I am pushing to keep a clearer distinction between take home pay and total compensation.
- runako 3y ago> I am pushing to keep a clearer distinction between take home pay and total compensation. I agree, but even this is squishy. For example; pension benefits eventually are taken home by the employee.