Jack and Rick Take on the UPS Drivers That Will Soon Earn $170k
Aug 14, 2023
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Jack Kelly and Rick Chen discuss the labor agreement between UPS and the Teamsters Union, debate the changing job market due to technology, explore the impact of AI on jobs, and examine the influence of class and prestige in society. They also delve into the potential future of UPS drivers and the role of automation.
UPS drivers will earn around $170,000 in pay and benefits by the end of the contract term, including raises and guaranteed benefits like health insurance.
The perception of blue collar workers earning more than certain white collar workers highlights the changing job market and the importance of recognizing the value of trades and logistics.
Deep dives
UPS and Teamsters reach a new contract agreement
UPS and the labor union (Teamsters) have reached a settlement on a new contract. According to the CEO's announcement, by the end of the contract term, UPS drivers will earn about $170,000 in pay and benefits. This includes raises and guaranteed benefits such as health insurance. However, it should be noted that this figure is not the base salary, but the total compensation package.
UPS part-time drivers start at $20 to $30 an hour
Most UPS drivers start as part-time drivers or work in sorting facilities. As part-time drivers, they earn around $20 to $30 per hour. There are also opportunities for overtime, especially for full-time roles. Over the course of this contract term, which is three or four years, the pay for UPS drivers will increase to the expected $170,000.
Concerns arise among white collar workers
The news of UPS drivers earning up to $170,000 has led to class warfare concerns among certain white collar workers. There is a perception that blue collar workers are now earning more than their white collar counterparts, causing some resentment and disbelief among certain sectors, particularly in the tech industry. It has highlighted the changing nature of the job market and the importance of skill diversification.
Expanding job opportunities outside traditional roles
The podcast delves into how the economy is evolving and creating new opportunities outside of traditional white collar professions. It highlights that there are well-paying jobs in blue collar fields, such as trades and logistics, that often go unnoticed. The discussion emphasizes the importance of recognizing the value and contribution of blue collar workers and the need to avoid prejudice based on job types.
Jack Kelly and Rick Chen chase down the labor agreement between UPS and the Teamsters Union to figure out if UPS drivers will really start to earn $170,000 in pay. We look into how the total compensation was calculated and if the reporters got their news headlines wrong.
Jack and Rick then discuss the evolution of the job market and how some professions are changing in response to new technology like autonomous vehicles and machine learning. Finally, we debate whether UPS will even have to pay these headline totals to drivers after all.