Tech workers react to UPS drivers landing a $170,000-a-year package with a mixture of anger and admiration
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Abstraction: Tech worker sentiment on UPS Teamsters $170k total-compensation contract win
Key points:
- UPS CEO Carol Tomé confirmed average full-time drivers will earn ~$170,000 per year in total pay and benefits by end of the five-year Teamsters contract
- The $170k figure includes ~$95k base salary plus ~$50k in benefits (healthcare, pension); it is not a cash salary
- ~340,000 UPS delivery drivers and package handlers are covered by the Teamsters contract
- Tech workers on Blind expressed resentment, noting engineers at smaller firms can earn less than the total-compensation figure
- UPS software engineers currently earn $111,000–$168,000 per Glassdoor data
- Job searches for UPS surged 50%+ after the tentative agreement was announced
Connections: Ups · Teamsters · Labor Unions · Tech Compensation
Source: https://www.businessinsider.com/tech-workers-comments-170k-ups-driver-deal-anger-admiration-2023-8