President Joe Biden congratulated UPS and the Teamsters on the tentative deal and stated, “While this agreement still awaits final ratification by Teamsters members, today’s announcement moves us closer to a better deal for workers that will also add to our economic momentum.”Ī strike could have cost the economy $7 billion, according to an analysis from Anderson Economic Group.
This contract sets a new standard in the labor movement and raises the bar for all workers.”Ĭarol Tomé, CEO of UPS, called the deal a “win-win-win agreement.” We’ve changed the game, battling it out day and night to make sure our members won an agreement that pays strong wages, rewards their labor, and doesn’t require a single concession. Teamsters General President Sean O’Brien said in a statement, “UPS has put $30 billion in new money on the table as a direct result of these negotiations. UPS drivers have been demanding better protections for working in the heat after instances where workers have been hospitalized, and in some cases died, on the job. UPS also agreed to workplace safety protections such as air conditioning in vehicles purchased after January 2024, and to stop the practice of requiring overtime on days off. The five-year contract includes a wage increase to bring part-time workers’ pay to at least $21 an hour immediately and full-time workers to an average top rate of $49 an hour. Representatives of the UPS Teamsters locals will meet to review the deal on July 31 and members will vote on it between Aug. economy billions by disrupting supply chains and upending distribution to both large and small businesses, hospitals and homes. 1 strike of 340,000 union members at the package carrier. UPS and its workers, represented by the Teamsters, reached a tentative deal on Tuesday to prevent an Aug.
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