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The Competition
FedEx Discussions
Buyout Q&A, Jan.22nd Update
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<blockquote data-quote="vantexan" data-source="post: 1085708" data-attributes="member: 24302"><p>The problem is that the older employees who get paid better will probably prefer to hang on until they can get a max pension at 60 or until Social Security starts at 62. Think about it, you are 54, at the top of your pay range, and there's little hope of getting a similar paid job out there. You've got 5 weeks of vacation plus personal days. Why would you leave for total uncertainty? And yet I bet these higher paid folk are the ones FedEx would like to get rid of. A 35 yr old with 8 years with the company costs them a lot less.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1085708, member: 24302"] The problem is that the older employees who get paid better will probably prefer to hang on until they can get a max pension at 60 or until Social Security starts at 62. Think about it, you are 54, at the top of your pay range, and there's little hope of getting a similar paid job out there. You've got 5 weeks of vacation plus personal days. Why would you leave for total uncertainty? And yet I bet these higher paid folk are the ones FedEx would like to get rid of. A 35 yr old with 8 years with the company costs them a lot less. [/QUOTE]
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