Are you looking for UPS Employee Benefits/Salary information? If yes, then this post is for you. Here we have updated all the details regarding UPS Employee Benefits/Salary. UPS provides full-time benefits to part-time employees as well. UPS is one such company which offers complete benefits to employees who work on an hourly basis. To know more details, read the complete post.
UPS Employee Benefits/Salary
UPSers offers various benefits to its employees. It provides a complete range of options for the employees to live their lives in balance with work, education, family, friends and nearly every other aspect that they can dream up. And all these benefits make work at UPS rewarding. It also offers competitive salaries to its employees. Few are also given the accommodation and a few can go for higher studies with the help of UPS Benefit Programs. Below, we have detailed each and every benefit program for your ease. Check it out in the below section.
UPS Employee Benefits
UPS Employee Benefits are:
- UPS Tuition Assistance Program (TAP)
- UPS Health and Wellness Programs
- UPS Savings Program
UPS Tuition Assistance Program (TAP):
In order to help the employees in furthering their educational development, UPS offers the UPS Tuition Assistance Program (TAP). Tuition Assistance Program (TAP) was started in the year 1999. Since the program has begun, UPS has invested $187 million in tuition assistance for approximately 113,000 college students. In 2010, UPS has provided $24 million in tuition support to approximately 14,000 students. UPS invests about $300 million approximately in a year on training programs in order to help the employees expand their careers within the company.
TAP is an ongoing effort of UPS to recruit, re-train and develop qualified individuals. TAP ensures that UPS will continue to grow as a company, prosper as a business and excel as a global service. In the United States, tuition assistance is available to:
- Full-time non-union employees
- Part-time management employees
- Part-time union employees
UPS Health and Wellness Programs:
UPS offers several benefit plans to fulfill the health and wellness needs of various employee groups. In addition to various health and wellness programs, UPS makes contributions on behalf of employees in union-administered plans. There are different variations in the plans available at UPS. Below, is an overview of the company’s award-winning plans/benefits:
- Prescription Drug Program
- Life Insurance
- Supplemental Group Universal Life Program
- Business Travel Accident Insurance
- Sickness & Accident Insurance
- Long-Term Disability with Inflation coverage
- Long-Term Care Insurance
- Child/Eldercare Spending Accounts
- Healthcare Spending Accounts
- Cancer Insurance
- Work-Life Balance Programs
UPS Savings Program:
As a part of retirement, UPSers offers various savings programs. These programs help the employees save money for the future. It allows employees to save and invest money over the long-term for a safe and secure future. They are:
- Employee Discounted Stock Purchase Plan
- Managers Incentive Plan /Profit Sharing
- 401(k) Plan/ Retirement Program
UPS Employee Salary
UPS provides competitive salaries to all its employees whether part time or full time. It offers highly competitive wages for hourly employees also. They are a few compensation plans to benefit employees. Right from its drivers to its IT professionals, UPS employees are recognized as best paid in the industry.
That’s all about the UPS Employee Benefits/Salary. We hope that this information was useful for you. If you still have any questions regarding this post, let us know them through your comments.
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