This post got buried in another thread. And was off topic.
That is not true.
They will easily recoup there $10 million
Well the IBT has spent over $10 M trying to organize Overnite/UPS Freight over the last 14 years....IF...everyone one of you that was eligible to be members (12,600) were to join and pay dues.....you would pay approx. $3,465,000 over the next 5 years.....
meaning it would take 15 years to recover the money spent....but that also means the dues that would be taken during those 15 years would be returned back to ALL members by way of representation and bargaining..........
so the IBT will never get its intital costs returned....so that bucket holds no water here.....KK
That is not true.
3,465,000 / 12,600 = $275 is what each employee would pay over 5 years that is $55 a year. according to you.
Come on kk, the average ups freight employee will pay about $4300 over 5 years
$4300 * 12,600 = $54,180,000 <-- is about what the teamsters will receive over 5 years.
amount of dues per------- year Hourly rate
$663---------------------------22.10
$684---------------------------22.80
$706---------------------------23.55
$730---------------------------24.35
$756---------------------------25.20
$783---------------------------26.10
They will easily recoup there $10 million