- If it was a private entity, the USPS would be the 29th-largest company in the Fortune 500
- Average daily mail volume is 563 million pieces, 40% of total worldwide volume
- With 571,566 full-time employees, it is the nation's second-largest employer behind Wal-Mart
- Its 31,871 total post offices are greater than the number of domestic McDonald's, Starbucks, and Wal-Mart stores, combined
It may be tempting to blame some of USPS's problems on ever-soaring oil prices, but in reality the problems in the mail business are remarkably similar to the problems of many other bureaucratic organizations--80% of total USPS operating expenses go toward salaries and benefits, a staggering figure for just about any business. Like teachers' unions and other publicly-funded (or semi-publicly funded) institutions, it's likely that the USPS will be forced to take a hard look at their compensation strategies if they are going to remain competitive going forward.
Can you cite the source of the statistics you referenced please? I need those for a thesis.
ReplyDeleteThey're all from the BusinessWeek article linked in the first paragraph. http://www.businessweek.com/magazine/content/11_23/b4231060885070.htm
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