So, I am guessing that since the contract language is almost identical (with the exception of the 3% and 3.5% difference) that it will be figured the same way. Below is the comparisons using the 0.2=1-cent formula and the CPI-W Index to compare. I sure hope I am right as you guys definitely need some good news for a change. If this does turn out to be correct, thank Homesick as he is the one that brought it to my attention.
So that is the actual cola that UPS received last year?So, I am guessing that since the contract language is almost identical (with the exception of the 3% and 3.5% difference) that it will be figured the same way. Below is the comparisons using the 0.2=1-cent formula and the CPI-W Index to compare. I sure hope I am right as you guys definitely need some good news for a change. If this does turn out to be correct, thank Homesick as he is the one that brought it to my attention.
In post #20, I posted a picture of the actual TDU article talking about the COLA raise that UPS package got using that same formula per their contract language based on May 2020 to May 2021 to be paid in August 2021 per their contract. It came up to a 33-cent COLA raise for them. The Yellow COLA formula is from January 2021 to January 2022 to be paid in April per the contract. Please go back and look at post#13, #19, #20, and #21. You will then see what I am talking about. I certainly hope that this is correct. Based on what UPS package got using the same formula, I don’t see how YRC can get around not paying it. But, stranger things have happened with contract language. Kind of like the language on the ABF COLA formula specifically stating that there is a maximum 5-cent pay out for COLA on any given year (post #2) and the Yellow and UPS package contract language left that sentence out.
I did go back and see your other posts and looked up on teamster.org and they did actually get that raise( ups package). I haven't compared the language word for word but appears to be the same. Very nice work on this sir, appreciate the effort.
Let’s hope that Yellow does not find a way to weasel out on it. Homesick is the one that deserves the credit for it as he was the one that brought it to my attention. Let’s keep our fingers crossed that it does happen As stated contractually.
Yes it'll be interesting. In one hand I can't imagine YRC ponying up $0.60 an hour. But also, that language reads like UPS language it seems pretty cut and dried. The question is will the union push it? I have my doubts.
The "Union" is us, remember that.
I wish more people would realize this....
Ahhh , yeah sure .
Having a defeatist attitude doesn't help. Get involved, go to meetings, make your voice heard. It can be done. But hey, it's much easier to just complain on the computer right?
Here at the Rock, we have a kick-ass business agent to help us out. A good business agent can make all the difference in the world.
The UPS COLA raise last year is what I used to check my math to calculate the ABF and YRC COLA. ABF employees are screwed with the $.05 cap but I very much hope YRC employees get the full COLA. I hope Sean O'Brien stands up for you!So, I am guessing that since the contract language is almost identical (with the exception of the 3% and 3.5% difference) that it will be figured the same way. Below is the comparisons using the 0.2=1-cent formula and the CPI-W Index to compare. I sure hope I am right as you guys definitely need some good news for a change. If this does turn out to be correct, thank Homesick as he is the one that brought it to my attention.
Thanks Steward. If the IBT will back the employees at YRC then we have a good chance of getting a fair contract in 16 months. IMO, it may be worth sticking around a few years longer.
Fingers crossed….Now that Hoffa is gone I actually think we have a chance at a decent one….
