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Buyout Q&A, Jan.22nd Update
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<blockquote data-quote="vantexan" data-source="post: 1085818" data-attributes="member: 24302"><p>There's the right thing to do, then there is the law. There is legal precedent. Have you not noticed all the little things that FedEx has required us to do differently? I've heard quite a few mgrs say it's due to lawsuits in California. Fact is they can't layoff senior employees and keep low paid employees. They'd end up paying each of the laid off several hundred thousand most likely. Same goes for torturing people into quitting. Think things exist in a vacuum? Who would work for FedEx or buy their stock once it gets out they are making people take 5 hr splits with no split pay and only 7 hrs on the clock? People would have to be out of their minds to work for such a company. About all they can do is work us 35 hrs a week and take away what few benefits we have left. By the way I have to work about 42hrs and 20 mins to make what a topped out employee makes on 35 on the lowest payscale. And I don't get that many hours. So who's worse off? The mid-range employees, many of whom have worked many years for squat. So in the who would take the buyout scenario I'll stick with my prediction that it'll primarily be 10-18 year employees who've been completely, totally shafted.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1085818, member: 24302"] There's the right thing to do, then there is the law. There is legal precedent. Have you not noticed all the little things that FedEx has required us to do differently? I've heard quite a few mgrs say it's due to lawsuits in California. Fact is they can't layoff senior employees and keep low paid employees. They'd end up paying each of the laid off several hundred thousand most likely. Same goes for torturing people into quitting. Think things exist in a vacuum? Who would work for FedEx or buy their stock once it gets out they are making people take 5 hr splits with no split pay and only 7 hrs on the clock? People would have to be out of their minds to work for such a company. About all they can do is work us 35 hrs a week and take away what few benefits we have left. By the way I have to work about 42hrs and 20 mins to make what a topped out employee makes on 35 on the lowest payscale. And I don't get that many hours. So who's worse off? The mid-range employees, many of whom have worked many years for squat. So in the who would take the buyout scenario I'll stick with my prediction that it'll primarily be 10-18 year employees who've been completely, totally shafted. [/QUOTE]
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