this post was submitted on 10 Aug 2023
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GenZedong

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UPS also has a market cap of 156B$ vs Fedex's 66B$. Both average around 90B$ in revenue. Fedex drivers maker an average of 52k$ a year. Fedex doesn't have any unions.

In summary, it seems that having a union helps workers earn a lot more, but also help the company have significantly better stock market performance.

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[โ€“] DanteFlame@lemmy.sdf.org 0 points 1 year ago (1 children)

So in other words their take home annual pay would be $85k pre tax?

[โ€“] spectre@hexbear.net 1 points 1 year ago

It's a rule of thumb, so not necessarily