Many folks are getting a bit starstruck by that $170k number, and overlooking the words accompanying it.
"Full-time drivers will make around $170,000 in annual pay and benefits by the end of the five year contract."
That does not mean they are being paid $170k at all. Their total compensation and benefits package will total around $170k. And that's by the end of a five year contract.
Last year was my first full year with my company. My total compensation including pay and benefits totaled $166k.
I made $101k with $5k in unused vacation time paid out to total $106k pay. Health and Retirement benefits made up the rest.
So using those numbers as a rough comparison, I'd expect full-time UPS drivers to make in the realm of $100k-$110k after 5 years. Their Health and Retirement benefits value pushing total compensation up around the $170k mark.
HOS:
Hours Of Service
HOS refers to the logbook hours of service regulations.
Many folks are getting a bit starstruck by that $170k number, and overlooking the words accompanying it.
"Full-time drivers will make around $170,000 in annual pay and benefits by the end of the five year contract."
That does not mean they are being paid $170k at all. Their total compensation and benefits package will total around $170k. And that's by the end of a five year contract.
Last year was my first full year with my company. My total compensation including pay and benefits totaled $166k. I made $101k with $5k in unused vacation time paid out to total $106k pay. Health and Retirement benefits made up the rest.
So using those numbers as a rough comparison, I'd expect full-time UPS drivers to make in the realm of $100k-$110k after 5 years. Their Health and Retirement benefits value pushing total compensation up around the $170k mark.
HOS:
Hours Of Service
HOS refers to the logbook hours of service regulations.