Company description "UPS"
Founded in 1907 as a messenger company in the United States, UPS has grown into a $42.6 billion corporation by clearly focusing on the goal of enabling commerce around the globe. Today UPS is a global company with one of the most recognized and admired brands in the world. We have become the world's largest package delivery company and a leading global provider of specialized transportation and logistics services. Every day, we manage the flow of goods, funds, and information in more than 200 countries and territories worldwide. As the world's largest package delivery company and a leading global provider of specialized transportation and logistics services, UPS continues to develop the frontiers of logistics, supply chain management, and e-Commerce . . . combining the flows of goods, information, and funds.
In an annual FORTUNE magazine survey, UPS has been rated "America's Most Admired" company in its industry for 19 consecutive years and the "World's Most Admired" company in its industry for four consecutive years. The company ranks in the Top 10 among all companies on seven of the nine attributes evaluated, including quality of management; quality of products and services; innovation; long-term investment value; financial soundness; ability to attract, develop and retain talent; responsibility to the community and environment; wise use of corporate assets, and global business acumen. Whether you are looking for a professional career or a part-time position to pay for college, UPS is right for you
Benefits (U.S. Only) UPS believes its people are its most valuable asset. Recruiting and retaining a winning team of employees dedicated to the company's mission and purpose is critical to UPS's ability to serve its customers' needs on a day-to-day and long term basis. That's why we offer one of the most comprehensive total compensation packages available. For two consecutive years, UPS has been ranked highly in MONEY magazine's annual survey of America's best benefits packages - the company currently ranks 8th out of 200 companies surveyed. UPS offers its management employees a complete menu of benefit options in which to create programs that fit their personal and family needs. In addition, the company's hourly employees receive world class benefits. In fact, UPS is one of only a few companies offering its part-time employees full benefits, from medical/dental coverage to tuition assistance. Health and Welfare UPS offers world class health and welfare benefits to its workforce. Benefits are an important part of an employee's total compensation at UPS. In addition, benefits demonstrate UPS's commitment to its employees and retirees and their families. UPS administers several benefit plans to meet the health and wellness needs of various employee groups. In addition, UPS makes contributions on behalf of employees in union administered plans. While there are variations in available plans, following is an overview of the company's award winning benefits: - Medical - Dental - Vision - 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 It can be difficult to balance work with home and family. UPS understands this and makes resources available to help its employees balance conflicting needs. Compensation & Savings Programs UPS currently ranks 8th on MONEY magazine's list of "Corporate America's Best Benefits". The magazine ranked Fortune 200 companies based on defined contribution plans, like 401(k) and profit-sharing program; defined benefit pension plans; and health care options, vacations and stock options. Overview of UPS's Compensation and Savings Programs Employee discounted stock purchase plan UPS believes that long-term ownership of our company by UPS people is an important contributor to our future success. Sharing in the risks and rewards of ownership promotes the commitment of our people, full-time and part-time, management and non-management, union and union free, which is critical to our ability to enable global commerce. Employees can purchase stock through the Discounted Employee Stock Purchase Program and their 401K plan. 401(k) savings plan with 100 percent match of first 3 percent contributed UPS offers three 401(k) plans for employees: the UPS Savings Advantage, the Teamster-UPS National 401(k) Tax Deferred Savings Plan, and the UPS/Independent Pilots Association 401(k) Savings Plan. Defined benefit pension plan UPS offers pension plans for both management and non-management employees. Pension plans are based on years of service, among other factors. Competitive salaries UPS offers highly competitive hourly wages, salaries and total compensation plans. From its drivers to its IT professionals, UPS employees are among the best paid in the industry. Managers Incentive Plan (profit sharing)
UPS has been recognized by government agencies, non-profit organizations, media, and others for its innovative workforce initiatives and its dedication to employees. Read what others are saying about how the company is making a difference as an employer of choice. In March 2004 for the fifth consecutive year, UPS was named among America’s Top Corporations for Women Business Enterprises by the Women’s Business Enterprise National Council (WBENC), the leading third-party certifier of businesses owned and operated by women. The recognition from WBENC highlights the efforts of the company and its supplier diversity program, which aims to increase business partnerships and opportunities for minority and women-owned businesses. In November 2003, UPS received the "Corporate Leadership Award" for the company's overall commitment to the National Urban League and its affiliates around the country. UPS's relationship with the Urban League dates back to 1962. In September 2003 for the second year, UPS was added to the Dow Jones Sustainability Indexes (DJSI), which includes more than 300 companies from 23 countries that lead their industry in terms of sustainability. Sustainability indexes evaluate corporations based on economic, environmental, and social criteria. The DJSI annual review influences the investment decisions of 40 asset managers who use this index as an objective benchmark for sustainability portfolios. In a regional survey of more than 300 companies in Asia , UPS Taiwan recently ranked tenth in the "Best Employers in Asia" list for 2003. The study was conducted by Hewitt Associates Inc. in partnership with The Asian Wall Street Journal and the Far Eastern Economic Review. The survey questioned 84,000 employees from all levels regarding people practices in each company and included eight countries in the region. An independent panel of business leaders, Human Resources professionals, and academics reviewed the results to determine the best employers. In July 2003, UPS was named to FORTUNE magazines "50 Best Companies for Minorities" for the fifth straight year. UPS received the inaugural American Business Award for "Most Innovative Company" for the technological advancements of its Worldports global air hub in Louisville , Ky. in April 2003. UPS was selected from 18 finalists for its outstanding leadership, innovation, perseverance, creativity, teamwork, and integrity at companies of all sizes. In March 2003, the Native American Business Alliance (NABA) named UPS "Corporation of the Year". NABA cited UPS's strong commitment to supplier diversity and support of Native American business initiatives. Computerworld magazine ranked UPS 20 in its annual list of 100 Best Places to Work in IT. The ranking, up from No. 60 in 2002, cited UPS for increased employee satisfaction, proper training and development, and the use of modern technologies that offer employees exciting challenges. Div2000.com ranked UPS among top organizations for multicultural business opportunities in its 13th in its annual "America's Top Organizations for Multicultural Business Opportunities" listing. UPS has been included in the listing for three consecutive years. UPS named among Chief Executive Magazine’s list of Top 20 Companies for Leaders. The company was chosen from a survey of several hundred major companies by a panel of judges from the magazine and Hewitt Associates. The US Chamber of Commerce selected UPS Airlines as 1 of 5 companies to receive the 2002 Secretary of Defense Employer Support Freedom Award. The award recognizes the nation's top employers who have provided outstanding support to their National Guard and Reserve employees. BestJobsUSA.com ranked UPS No. 12 in its annual "Employer of Choice 500" survey in July 2002. The survey ranked more than 10,000 companies, evaluating businesses from the perspective of employees and corporate peers, looking at criteria such as benefits, training, diversity, innovation, and financial stability. In 2002, United Way of America recognized UPS with the 15th annual Spirit of America® Award, United Way 's highest national honor for corporate involvement and commitment to building better communities. "The entire UPS family has long been a staunch supporter of United Way 's efforts to focus resources on the most important needs in communities," said Ellie Ferdon, United Way of America 's Board Chair. "This prestigious award is a tribute to UPS's generosity and commitment to improving the lives of people in need." Citing UPS's commitment to help build strong communities nationwide, the NAACP presented the company with its coveted Corporate Citizen of the Year Award in February 2002. "For more than three decades, UPS has worked with the NAACP to expand educational and economic opportunities for minorities and other citizens," said Kweisi Mfume, president and chief executive officer of the National Association for the Advancement of Colored People. "We salute the company for its commitment, and applaud its employees across the nation who are working every day to help build strong communities." In 2001, Hispanic magazine profiled UPS as a leader in its 13th annual Corporate 100 list, "a list of the top U.S. companies that excel in creating business and job opportunities for Hispanic Americans, as well as donating to philanthropies that target Latino communities." In May 2001, UPS received the Ron Brown Award for Corporate Leadership for the company's leadership efforts on welfare to work issues. It is the first Presidential award to honor companies for the exemplary quality of their relationships with employees and communities. The annual award is presented to companies that have demonstrated a deep commitment to innovative initiatives that not only empower employees and communities but also advance strategic business interests. For more information, contact: UPS Corporate Public Relations 404-828-7123
Diversity and UPS People UPS’s workforce is multicultural, multidimensional, and reflective of the broad attributes of our global communities. In fact, each year since 1999, UPS has been consecutively ranked by FORTUNE® magazine as one of the "50 Best Companies for Minorities." UPS understands that diversity encompasses more than ethnicity, gender, and age. It’s how employees think, the ideas they contribute, and their general attitude toward work and life. Diversity is encouraged by recognizing the value of people’s different experiences, backgrounds, and perspectives. Diversity is a valuable, core component of UPS because it brings a wider range of resources, skills, and ideas to the business. Long-standing company policies - such as employee ownership, equal opportunity, promotion from within, and teamwork - have helped make UPS a preferred employer. Diversity impacts UPS’s business from many perspectives, whether it’s in meeting the needs of a diverse customer base, working with a diverse supplier network, or gaining momentum from the varied contributions of our diverse workforce. African-Americans, Hispanics, Asian-Pacific Americans and other minorities make up 35 percent of the company’s 317,000 employees in the United States. Minorities accounted for half of UPS’s new employees in 2003. Women represent 27 percent of the U.S. management team and 21 percent of the overall workforce, holding jobs from package handlers, to drivers, to senior management and to the UPS Board of Directors. Among the company’s 58,000 U.S. managers, minorities hold nearly 30 percent of those executive positions. Positions held include district managers, the UPS Management Committee, and UPS’s Board of Directors. UPS Diversity Steering Council UPS expects diversity to be fostered and encouraged by every UPSer in their daily commitment to the company. UPS also has a Diversity Steering Council whose vision is to "ensure that workforce, customer, and supplier diversity remain a visible core value that is integral to our business, our community relationships, and The UPS Charter." The UPS Diversity Steering Council is co-chaired by Chairman and CEO Mike Eskew, and Senior Vice President, Human Resources Lea Soupata. This cross-functional council consists of internal and external representatives. Employer of Choice UPS is frequently recognized for its commitment to diversity. Since 1999, UPS has been consecutivelyranked by Fortune magazine as one of 50 Best Companies for Minorities. UPS was profiled as a leader in Hispanic magazine’s 13th annual Corporate 100 list, "a list of the top U.S. companies that excel in creating business and job opportunities for Hispanic Americans, as well as donating to philanthropies that target Latino communities." Since 2000, UPS has been consecutively named a top corporation for Women’s Business Enterprises (WBEs) by the Women’s Business Enterprise National Council (WBENC). UPS was honored with the coveted NAACP (National Association for the Advancement of Colored People) Corporate Citizen of the Year Award. UPS placed third in DiversityInc.com’s Diversity Top 30 poll. The poll rates corporations on a range of criteria from employment and advancement of people of color to advertising in ethnic media.
Education and training are core values of UPS's unique culture. Whether the employee is a high school student, a college student or an individual who is making the transition from welfare to work, UPS offers a variety of initiatives that help employees attain their educational and career goals. The company's strong promotion from within policy develops today's part-time employees into tomorrow's executives. Because of this, UPS provides opportunities for employees to pursue higher education as well as training programs that prepare them for current and future jobs within the company. Several members of UPS's management committee started in part-time positions. Since 1999, UPS has paid out more than $47 million in tuition assistance and has helped more than 30,000 student employees attend college. In addition to providing generous tuition assistance and loan benefits, UPS spends about $300 million a year on employee training programs. Earn and Learn How can you earn up to $20,000 towards your college education? Simply by working part-time at UPS. Available in 51 UPS locations across the country, the UPS Earn and Learn program offers $3,000 per calendar year with a lifetime maximum of $15,000 in assistance. For part-time management employees, the benefits are increased to $4,000 per calendar year with a lifetime maximum of $20,000. In addition to tuition assistance, part-time employees are eligible for forgivable student loans of $2,000 per calendar year with an $8,000 lifetime maximum. Students are eligible for Earn and Learn the day they are hired and benefits are pro-rated accordingly if a student is hired mid-semester. Earn and Learn is only available at certain locations
Company rating "UPS"
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