UPS driver pay deal in US to be worth $170,000 a year, firm says
Business reporter, New York
The threat of a strike by the Teamsters union hit UPS in recent weeks, as customers diverted about one million packages per day to rival companies, costing the company about $200m in sales. UPS has the biggest unionised workforce of any company in the US and is known for its relatively strong compensation offering. Drivers discussing their hourly pay of $40 or more routinely makePrior to the new deal, the company said drivers earned about $95,000 in pay annually on average or about $42 an hour, and another $50,000 in benefits.
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