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Buyout Q&A, Jan.22nd Update
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<blockquote data-quote="vantexan" data-source="post: 1086007" data-attributes="member: 24302"><p>For many the future would be bleaker without Express, that's why. You are in the enviable position of being near full retirement age and got most of a 25 yr pension coming to you. Plus a tidy lump sum at 13% for the last 5 years in the PPP. Many have no choice but to hang on because 35 hrs a week, especially at top pay, is better than nothing. And it's almost certain that if they do offer buyouts to couriers only a few per station, relative to the station's size, will be allowed to take a buyout. I have about 6 or 7 ahead of me in seniority in this small station and none are willing. If the company were to clear out the willing with a buyout the end result would be larger areas for the remaining to cover, and they'd get their hours. Might not get much OT, but they'll do better than 35. If they don't offer buyouts the result will be the same. We'll get 35 until a few get frustrated and quit, then we'll be back to 40. This job is always in flux, and anyone that says it will always be this way or that way is either inexperienced or disingenuous. There's not much of a future true, but until someone can show me where 10's of thousands of older couriers are going to find nearly as good jobs, forget better, in this economy I'll take my chances.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1086007, member: 24302"] For many the future would be bleaker without Express, that's why. You are in the enviable position of being near full retirement age and got most of a 25 yr pension coming to you. Plus a tidy lump sum at 13% for the last 5 years in the PPP. Many have no choice but to hang on because 35 hrs a week, especially at top pay, is better than nothing. And it's almost certain that if they do offer buyouts to couriers only a few per station, relative to the station's size, will be allowed to take a buyout. I have about 6 or 7 ahead of me in seniority in this small station and none are willing. If the company were to clear out the willing with a buyout the end result would be larger areas for the remaining to cover, and they'd get their hours. Might not get much OT, but they'll do better than 35. If they don't offer buyouts the result will be the same. We'll get 35 until a few get frustrated and quit, then we'll be back to 40. This job is always in flux, and anyone that says it will always be this way or that way is either inexperienced or disingenuous. There's not much of a future true, but until someone can show me where 10's of thousands of older couriers are going to find nearly as good jobs, forget better, in this economy I'll take my chances. [/QUOTE]
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