Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
FedEx Anti-union Games
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="FedEx2000" data-source="post: 816020" data-attributes="member: 13621"><p>That depends on various things, but getting a 10% raise once will make your pay, for example, 17.50 x 1.1 = $19.25. So for the next 6 months you are making $19.25 instead of $18.37 had you gotten a 5% raise now and another later, which would only be a $0.04 difference, $19.29. So, in the long run the compounding effect of the two raises is greater, but the fact that you are making that extra 5% for the entire 6 months earlier can make up for that depending on the variables. This will also increase your 401k contributions by the same percentage over those 6 months since your wage is higher over that time. A dollar today is worth more than a dollar tomorrow as they say.</p><p></p><p>Swings in my station (Market Level E) range from $17.16-$25.68 vs. a regular courier at $16.08-$23.67.....so anywhere from a $1.08 to $2.01 difference here.</p></blockquote><p></p>
[QUOTE="FedEx2000, post: 816020, member: 13621"] That depends on various things, but getting a 10% raise once will make your pay, for example, 17.50 x 1.1 = $19.25. So for the next 6 months you are making $19.25 instead of $18.37 had you gotten a 5% raise now and another later, which would only be a $0.04 difference, $19.29. So, in the long run the compounding effect of the two raises is greater, but the fact that you are making that extra 5% for the entire 6 months earlier can make up for that depending on the variables. This will also increase your 401k contributions by the same percentage over those 6 months since your wage is higher over that time. A dollar today is worth more than a dollar tomorrow as they say. Swings in my station (Market Level E) range from $17.16-$25.68 vs. a regular courier at $16.08-$23.67.....so anywhere from a $1.08 to $2.01 difference here. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
FedEx Anti-union Games
Top