UPS and its Union It is nearing an agreement that could improve conditions for more than 340,000 employees across the country.
Last weekend, the Teamsters union announced it had reached a tentative agreement with the company on: “Three major economic problems”“This is the last part of what the union calls ‘the largest collective bargaining agreement in North America.’
But union leaders warned that the strike is not yet out of the plan as the parties make final adjustments to a full deal on a new four-year deal. By July 5th.
The labor contract between UPS and Teamsters will expire at midnight on July 31st if no agreement is reached between the two. In June, the Teamsters passed a strike action vote with a 97% vote, allowing the Teamsters to strike if they deem it necessary.
Here’s what you should know:
What Happened Over The Weekend With UPS And Teamsters
and Tweet Teamsters announced on Saturday that UPS has tentatively agreed to three major contract amendments that will improve wages and schedules for workers.
Changes included eliminating mandatory overtime on drivers’ days off, establishing Martin Luther King Jr. Day as a paid holiday, and establishing unions for “flexible” and non-flexible drivers. This includes the abolition of the two-tiered wage system, which it claims is “unfair” to drivers. Classified as a full-time driver.
“The profits Teamsters made today at the Nationals with UPS cannot be overstated,” said Sean O’Brien, Chairman of the International Brotherhood of Teamsters. said in a tweet.
To date, Teamsters and UPS have already Interim agreements on over 55 non-economic issuesO’Brien said the union had won everything it wanted from its members.
Under the new interim agreement, flexible drivers who do not work traditional Monday-Friday shifts will be reclassified as regular package car drivers, placed on a seniority basis, with salaries adjusted and, in many cases, wages will rise. Prior to the agreement, flexible drivers worked the same hours but were paid less due to the nature of the shift.
“Whether it’s overtime that our members don’t want to take, vacations that our members know they deserve, or equal pay for equal work, if we stick together and try to protect each other to the end, then this will happen. There is no chance of losing the battle,” said Teamsters general secretary and financial officer Fred Zuckerman.
Why must an agreement be reached by 5 July?
Wednesday is an important deadline for UPS.
Since negotiations began in April, the Teamsters have made it clear that they will not work “one minute” past the expiration of their contract. To prevent a strike, UPS and unions must reach a tentative agreement in time so union members can review the contract and vote to ratify the contract.
UPS said it would reach that agreement by July 5th.
On June 30, UPS presented Teamsters with an amended contract that the union deemed negotiable. The new offer persuaded Teamsters to return to the negotiating table over the weekend, resulting in an amendment to the provisional agreement.
UPS spokeswoman Michelle Polk told The Courier-Journal in a statement on Friday, “We are encouraged that the teamsters are willing to continue negotiations and discuss the latest proposals.” rice field. “We look forward to hearing from the unions so we can reach a timely deal and bring certainty to our employees, our customers and the U.S. economy.”
The labor contract between UPS and Teamsters consists of a number of supplementary agreements alongside domestic contracts. By mid-May, tentative agreements were reached for all but two supplements in Louisville and Northern California. Late last week, a tentative agreement was reached for additional deals in Louisville and Northern California.
“I think we’re going very positive. This is probably for the best,” said Joe Sexson, union steward and local negotiator for Teamsters Local89. [supplement] It’s been 23 years since I came here. “
Why experts say a strike is unlikely
Negotiations between Teamsters and UPS are tense, with the unions declaring: Nationwide strike ‘imminent’ June 28th.
On the same day, Teamsters Local 89, a union representing approximately 10,000 UPS workers in Louisville, held a practice picket outside the Worldport facility. The move was replicated nationwide by Teamsters union stores.
But despite the strike declaration, Deutsche Bank experts “are reassured that a strike will not occur,” according to Deutsche Bank’s risk analysis.
In May, Deutsche Bank predicted a tentative agreement to reclassify its flexible drivers and estimated that the change would cost UPS about $140 million, less than 0.2% of the company’s current cost structure.
A strike risk analysis authored by Amit Melotra and Chris Robertson said, “This is an incredibly small amount for what appears to be the teamster’s main demand.”
Merotra and Robertson noted that the Teamsters’ strike fund will reach $346 million by the end of 2022. This represents a 20% decline from 2013, even though the number of active members remains a constant. Bankers estimated that a strike would cut salaries for all UPS employees by about 70% and would dry up strike funds within three weeks.
“In our view, Teamster’s financial preparedness for a strike appears limited, but besides that, we also look at the significant benefits that UPS Teamster enjoys,” said Melotra and Robert. Song writes. “The bottom line is that becoming a UPS Teamster is superior to other comparable jobs and the Teamsters organization has benefited greatly from his UPS growth.”
Contact Olivia Evans at firstname.lastname@example.org or on Twitter at @oliviamevans_..
#UPS #Teamsters #return #negotiating #table #avoid #strike