After getting pay raises for workers, the UPS union drops its plan to go on strike.
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After averting what would have been the greatest strike in U.S. history, the Teamsters union announced that it had successfully negotiated pay rises for United Parcel Service employees. "UPS has put $30 billion in new money on the table as a direct result of these negotiations," said Teamsters general president Sean O'Brien in a statement. "This agreement raises the bar for all workers and establishes a new norm in the labor movement." The proposed five-year agreement calls for a $2.75 raise in hourly pay for current full- and part-time UPS Teamsters in 2023, and a $7.50 raise for the duration of the contract. According to a statement released by the Teamsters, the minimum wage for current part-time employees has been increased to $21. Source: npr UPS's starting hourly wage for new part-time employees is $21, increasing to $23 per hour. On July 31, the current collective bargaining agreement will have served its full five years. About 340,000 UPS employees...