YRC Directors First Move: Hike Their Own Pay

September 15, 2011: YRC Teamsters are outraged at the 50 percent pay raise for YRC Directors.

At the recent Teamster Convention, there were seven (!) presentations on how great Hoffa is for giving YRC concessions. To hear his PR script, you would think giving concessions to a company is really hard work.

There were zero speeches on building Teamster power in the freight industry.

One of the speeches, by Hoffa’s Freight Director Tyson Johnson, was about how great the members of the new Board of Directors of YRC are. He bragged that two of the eight were selected by the Hoffa administration.

YRC Teamsters are outraged that these same new directors, as one of their very first acts, raised their own pay 50 percent and boosted their bonuses to get at least $175,000 for serving as an outside member of the board. (They do not work for YRC, they just come to board meetings.)

Hoffa did nothing.

Sandy Pope announced where she comes down: “I stand with YRC Teamsters and join their call for a reversal of the big pay increase. This is an insult to hard working Teamsters who have given up 15 percent of their wages and over 75 percent of their pension contributions.”

“If Hoffa had any accountability to working Teamsters, he would have been raising this issue as soon as it came up.”

Freight Teamsters have a way to tell Hoffa just what they think of his 13 years of mis-leadership: Vote for Sandy Pope!

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