pageoneresults - 4:53 am on Jul 31, 2009 (gmt 0)

What percentage of USPS overhead is employee cost?

According to the pdf...

First, in regard to compensation and benefits, which compose about 80 percent of costs, USPS has a window of opportunity to reduce the cost and size of its workforce, through attrition and the large number of upcoming retirements, to minimize the need for layoffs. To make changes in this area, USPS will need to negotiate with its four largest unions on collective bargaining agreements that will expire in 2010 and 2011. These agreements cover about 85 percent of postal employees and include items such as cost-of-living adjustments, work rules, and layoff protections. USPS also consults on pay and benefits with three management associations representing most of its other employees.

Do I see the phrase four largest unions up there? Weren't they also involved in the auto industry? What gives with this Union stuff. They seem to be involved in most things failing these days.

If you look at the decline of USPS revenues and the increase in debt, there really is only one thing left to do. The Detroit Reboot.

Maybe my mailman will be one of the first to get nixed. The schmuck spends most of his time in here bullcrapping with the neighbors while people are waiting for him to arrive at their mailboxes.