this post was submitted on 19 May 2025
1167 points (98.6% liked)

Funny

9641 readers
1405 users here now

General rules:

Exceptions may be made at the discretion of the mods.

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] SCmSTR@lemmy.blahaj.zone 36 points 2 days ago* (last edited 17 hours ago) (3 children)

UPS - Union, drivers are the MOST senior positions and get about $150k a year (I think they're hourly? With really really really good holiday and OT) with great benefits (afaik). Everything is insured, and drivers are generally held to incredibly high standards.

FedEx - ground delivery drivers are not union. They aren't even employees. They're independent contractors so that FedEx can save money with MINIMAL liability. Drivers own their own route and trucks, and have to pay for everything. It's basically a mini franchise and you do not make very much, there are no benefits.

These companies are NOT the same at all.

[–] sfled@lemm.ee 1 points 7 hours ago

There was a woman in her late 30s in one of my college classes back in 1999. She was a driver for UPS, and had nearly 20 years worth stock options. UPS went public that year, and her stock options were converted to Class A common stock. She decided to hang onto her shares. I found out a couple of years ago that she signed up for a DRIP (Dividend Reinvestment Plan), and will retire a millionaire.

[–] MutilationWave@lemmy.dbzer0.com 1 points 18 hours ago (2 children)

How are they salary and hourly at the same time? Those are opposites.

[–] odelik@lemmy.today 3 points 7 hours ago

I see you've never heard of salaried non-exempt.

Which is, grosely oversimplified, a guaranteed 40 hours of pay with an hourly rate attached for overtime pay.

I had no idea about FedEx! Whenever someone sends us a package via FedEx, it's always delayed 1-2 days from the delivery date, regardless of the service level. This explains a lot.