Postal News Blog--The idea that the US Postal Service is grossly overstaffed and desperately needs to get rid of employees is widely accepted among pundits and politicians. The service's own statistics, however, tell a different story. Ten months into the fiscal year, the USPS has spent $3.5 billion on employee overtime. For bargaining unit employees, that works out to an average overtime rate of 10.8%, roughly double what would be expected in order to cover absences and fluctuations in workload. The dollar total reflects an increase of over a half billion dollars compared with the same period last year (SPLY). Read more!
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Aug. 27 2013 08:23 AM
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