UPS has announced its plan to hire over 100,000 seasonal workers for the upcoming holiday shipping rush, and this year, these workers will receive higher pay rates.
UPS, which faces its busiest time during the holidays, said that it is offering “competitive wages and multiple shifts in hundreds of locations across the country.”
Following a contract agreement with the Teamsters union ratified in August, seasonal workers will start with pay rates ranging from $21 to $23 per hour, depending on their roles. Package handlers and driver helpers will earn $21 per hour, while delivery and tractor-trailer drivers will receive $23 per hour during the holiday season. This represents an increase compared to last year when package handlers started at $15.50 per hour, and delivery drivers earned a minimum of $21 per hour.
The company’s hiring effort coincides with its ongoing financial challenges resulting from the contentious labor negotiations that were settled in July and concluded last month. Firstly, its revenue declined in the second quarter due to a drop in package volume amidst labor negotiations.
In its quarterly earnings report from August, the company stated that it adjusted its full-year consolidated revenue projections downward to account for the effects of the labor negotiations on package volume and the associated costs of the tentative agreement reached.
UPS is offering both full-time and part-time positions, primarily for drivers and package handlers, and some permanent positions are also available. Approximately 80% of the seasonal positions at UPS do not require interviews.
In 2022, UPS hired the same number of seasonal workers.
(Source: Melina Khan | CNBC | Daniella Genovese | Fox Business)
