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The US Postal Service (www.usps.com) is the nation’s second largest employer-the Federal government being the first. With an estimated delivery of 200 billion pieces of mail per year, it’s understandable why they are the most workforce-intensive agency in government. The postman has been a regular part of our lives from the time we were conscious enough to recognize them in their uniforms that they have also been immortalized in the songs that we sing. That leads many to wonder: Why should I-like so many others- work for the US Postal Service?
Well, there are actually a lot of perks for working with the USPS. If you want a job that gives you the chance to travel then this is one of those agencies that will allow you to do that. Another advantage of working in this industry is that it connects you in a tangible way to the people around you. Without you, mails and parcels won’t be delivered and there’s satisfaction in knowing that you are acting as a real bridge between families, individuals, and businesses.
But aside from the emotional contentment, there are also many practical reasons for working with the USPS. There’s the pay, for starters. The compensation package offers highly competitive pay rates with regular salary increases given to employees. In addition, the USPS offers overtime pay, nigh shift differential, and premium pay which is pegged at 25 percent for work scheduled on Sunday.
The Postal Service also gives its employees’ health insurance through the Federal Employees Health Benefits Program. Most of the cost is shouldered by the USPS even as employee premiums are not subject to most taxes. This insures Postal workers that their health needs are taken care of. In addition, the Postal Service also bears the cost of basic life insurance coverage in full. Should an employee wish to purchase additional coverage, they may do so via payroll deduction.
Social Security and Medicare coverage is given even to new hires. After a year of service, career employees can join in the Flexible Spending Accounts (FSA) program. FSA contributions are tax-free and can be used to cover not only-out-of-pocket healthcare costs but dependent care as well.
The USPS also participates in the Federal retirement program and also has a Thrift Savings Plan which allows employees to contribute to their retirement savings on a tax-deferred basis.
Depending on how long you have served the USPS, employees earn vacation and sick leaves. Full time employees earn 13 days of annual leave per year for the first three years of service. This increases to 20 days per year after three years of service and to 26 days per year after 15 years of service. There are 10 holidays on the Postal Service calendar each year.
Indeed, there are a lot of reasons to work for the USPS. From the emotional benefits to the comprehensive compensation package, you get to have all that when you become a Postal Service worker.