logo

United Parcel Service

   

Added on  2023-01-12

9 Pages1422 Words44 Views
Running Head: United Parcel Service
Subject Name:
Student Name:
University Name:
Compensation Management
1
United Parcel Service_1
United Parcel Service
Contents
United Parcel Service (UPS)...................................................................................3
References............................................................................................................. 8
2
United Parcel Service_2
United Parcel Service
United Parcel Service (UPS)
United Parcel Service (UPS), provides the compensation to employee of $17.06 per/hr. The
compensation provided by UPS varies from $10.64 to $28.35 per hour (Teamster, n.d.).
Part time employees at UPS are given $10 salary per hour. For seasonal Package Handler
employee salaries range from $8 - $16. If an employee work 400 hours or more in a fixed
determined period, the compensation provided will be as full time employees for the
corresponding three months period (Teamstercare, n.d.).
The performance and benefits offered by UPS all Package Drivers who are senior and in
progression on August 1, 2013 receive the contractual Wage increases and remain in the
2008-2013 thirty-six month wage progression. Some of the calculated examples are given.
UPS employees in Louisville could earn $250 bonuses each week this summer just for
showing up (Wdrb, 2018).
The bonuses are for part-time package handlers at the Worldport Air Hub who were hired
after Jan. 1. Part-time employees usually work 20 hours a week. Day shift workers can earn
a $150 bonus, while night shift workers are eligible to earn a $200 bonus. Employees who
work Sunday shifts can earn an extra $50.
The bonuses are on top of the regular pay rate of $10.35 an hour. UPS says the extra
incentive helps attract the best workers. "We need employees -- we know it's a competitive
job market," said UPS Public Relations Manager Jim Mayer. "This is a way to make a good
deal even better to bring those people in to come work for us." The bonus program starts this
weekend and goes through July 29 (UPS, n.d.).
United Parcel Service (UPS), employees has various benefits related to welfare and
retirement. United Parcel Service (UPS) provide health insurance of which premiums are
3
United Parcel Service_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
Compensation System of UPS
|8
|1457
|37

Total Reward Compensation .
|4
|736
|233

Tim Hortons Employee Benefits
|5
|705
|172

Things that matters to software engineers
|5
|1025
|19

Key challenges in attracting and retaining a workforce in the manufacturing sector
|13
|3676
|328

Research in Accounting Practice: Agency Theory and Compensation Packages
|18
|4529
|281