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Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
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United Parcel (UPS) to Hire 95,000 for Holiday Season Rush
United Parcel Services Inc. (UPS - Free Report) recently announced its plans to hire around 95,000 seasonal workers for this year’s holiday season. Each year, UPS hires additional employees during the holiday season to cater to the sharp incline in package volumes. Holiday season will commence from November this year and continue through Jan 2017.
Holiday Hire Details
The company is expected to appoint personnel for both full-time and part-time positions for the holiday season. The various positions include package handlers, drivers and driver-helpers. Interestingly, being hired to work seasonally can also result in being offered a full-time position at United Parcel. In fact, the company’s Chief Executive Officer (CEO), David Abney, was himself a part-time employee once. Moreover, three other executives, who are currently part of United Parcel’s management committee, had initially started working with it as part-time employees. Notably, the company has hired more than 37% of the holiday season package handlers for full-time positions between 2012 and 2014.
United Parcel offers a range of benefits to its employees. These include good salary packages, healthcare and retirement benefits. Furthermore, at certain locations the company’s part-time employees who attend college are also eligible to receive up to $25,000 in tuition assistance. This is part of the company’s “Earn and Learn” program. The company invests a lot of time and effort in training its employees to ensure their development and to offer one of the best customer services in the industry.
Zacks Rank and Stocks to Consider
United Parcel currently carries a Zacks Rank #3 (Hold). A better-ranked stock from the wider transportation sector is Copa Holdings SA (CPA - Free Report) with a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Some other well-ranked stocks in the sector inlcude ANA Holdings Inc. (ALNPY - Free Report) and SkyWest Inc. (SKYW - Free Report) . Both these stocks carry a Zacks Rank #2 (Buy).
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