UPS' Economic Counterproposal Rejected by Teamsters

The Teamsters union has rejected UPS's first economic counterproposal, which included minimal raises and overall wage cuts to workers' cost-of-living adjustments. The union presented its own proposal, which includes wage increases for each year of the five-year contract, additional holidays and more paid time off, pension increases, and the end of a two-tier wage system. The union has demanded a "realistic and respectful economic offer" from UPS and has warned of consequences if the company wants to negotiate a contract for 1997 working conditions.