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Employee 1100.00 pension goes to 10 cents a month...
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<blockquote data-quote="FedExRookie" data-source="post: 1288319" data-attributes="member: 44400"><p>I</p><p></p><p></p><p>His 2012 payout was performance based, this was 2 years after FedEx posted less than a billion dollar profit and 1 year before they posted 1.6 billion in profits (2013) . </p><p></p><p></p><p>Why was his 2008 non performance based? Because the company was doing fine before that, once profits tumbled (great recession) his payouts became performance based. As a stockholder in other companies I see no problem with that. </p><p></p><p>Considering the executives got top of the line payments in 2012, that irks me, since handlers got not raises and couriers got small raises if any in 2012. Reward the executives for growing profits again, but don't shove it up the labor forces you know what at the same time.</p></blockquote><p></p>
[QUOTE="FedExRookie, post: 1288319, member: 44400"] I His 2012 payout was performance based, this was 2 years after FedEx posted less than a billion dollar profit and 1 year before they posted 1.6 billion in profits (2013) . Why was his 2008 non performance based? Because the company was doing fine before that, once profits tumbled (great recession) his payouts became performance based. As a stockholder in other companies I see no problem with that. Considering the executives got top of the line payments in 2012, that irks me, since handlers got not raises and couriers got small raises if any in 2012. Reward the executives for growing profits again, but don't shove it up the labor forces you know what at the same time. [/QUOTE]
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Employee 1100.00 pension goes to 10 cents a month...
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