"...The U.S. Postal Service paid its top executives more in bonuses and perks this past year than in a decade, adding up to...The typical annual pay for all postal service employees, meanwhile, was $51,150 in 2020 ..."
"...Since executive salaries were frozen in 2010, the jump in the number of executives earning more than Cabinet secretaries was the result of performance-based bonuses. Last week, Postmaster General Patrick Donahoe defended the bonuses, saying they were awarded under the agency's pay-for-performance system ..."
"...The only lingering question, Potter told a House subcommittee, is which bills will get paid and which will not. He said ensuring the payment of workers' salaries comes first. But Potter also said other bills may have to wait...."
"... In their ongoing effort to shift wealth to the richest Americans...continually attack the pay and benefits earned by average workers. Over the past 20 years, the transfer of wealth has been dramatic. Despite significant increases in productivity, workers’ real wages have declined, while salaries, bonuses, dividends and “golden parachutes” for executives have skyrocketed.A recent glaring example was the demand that auto workers agree to lower their wages — which were established over 50 years of often turbulent struggle..."
"...By fall, the Postal Service won't have enough money to make payroll, Potter predicts. But big customers, regulators, lawmakers and organized labor still have to be won over. ..."
"...Is the PMG sending a message to mailers that the cost of service over the next 10 years will exceed rates in such alarming amounts and — in lieu of adjusting rates to the cost of service — he plans to take it from the hides of workers? If so, how cynical. ..."
"...Compensation and benefits constitute close to 80 percent of USPS costs--a percentage that has remained similar over the years despite major advances in technology and automating postal operations...."
