United Parcel Service’s pilots rejected the company’s contract offer Wednesday, but both sides agreed no strike would be called this year, sparing consumers major holiday delivery tie-ups.
The primary point of contention is salary. The company in its latest offer - which only 39 of the company’s roughly 2,000 pilots voted to accept - agreed to raise the pilots’ pay by 19.8 percent over five years.
Under the company’s offer, a UPS spokesman said, captains would be earning an average $202,000, co-pilots $132,000 and flight engineers $94,000 by 2002.
The union has asked for a 21 percent increase over five years.
sponsored According to two 2015 surveys, 62 percent of Americans do not have enough savings to handle an unexpected emergency, much less any long-term plans.