FedEx or UPS? compare what you have to this.

[DRAisawesome]

http://www.teamster.org/sites/teamster.org/files/5713UPSHighlightsfinal_0.pdf

starting pay 18.75. no premiums for health insurance for the next 5 years. i bet fedex will follow this contract to a tee also. look at those pay raises after you are topped out. so depressing that one company wants to take care of their employees while the other one sits back. Express can hardly turn a profit. mismanaged or just couriers giving up? both. sad

 

[FUFred]

Wow, I left fedex making less then that and thats after working almost 11 years.

 

[hypo hanna]

http://www.teamster.org/sites/teamster.org/files/5713UPSHighlightsfinal_0.pdf

starting pay 18.75. no premiums for health insurance for the next 5 years. i bet fedex will follow this contract to a tee also. look at those pay raises after you are topped out. so depressing that one company wants to take care of their employees while the other one sits back. Express can hardly turn a profit.....

ups doesn't want to take care of its employees, the union insures that they do. If it werent for the threat of a work stoppage, they wouldnt give a single concession to those drivers. And look again, FedEx is plenty profitable. They just dont want to share that profit with the front line employees.

 

[fedupped]

FDX Annual Income Statement - FedEx Corp. Annual Financials

please forward to NET INCOME...after all is paid off...pure profit. Forget the 1% out of every dollar bullchit

 

[Nick9075]

http://www.teamster.org/sites/teamster.org/files/5713UPSHighlightsfinal_0.pdf

starting pay 18.75. no premiums for health insurance for the next 5 years. i bet fedex will follow this contract to a tee also. look at those pay raises after you are topped out. so depressing that one company wants to take care of their employees while the other one sits back. Express can hardly turn a profit. mismanaged or just couriers giving up? both. sad

I have asked many times how is this 'model' going to survive as the economy continues to recover, the unemployment rate continues to fall, job growth is averaging 200,000 + a year..... In 2008-2010 -- yes this second tier labor model was viable but it was not in the late 1990s or prior to 2008 (unemployment rate was 5% or less for ten years from 1997-2007)... As the labor market continues to tighten, corporations are going to have to put more $$$$ to the employees at the expense of the bottom line

 

[Nick9075]

ups doesn't want to take care of its employees, the union insures that they do. If it werent for the threat of a work stoppage, they wouldnt give a single concession to those drivers. And look again, FedEx is plenty profitable. They just dont want to share that profit with the front line employees.

well the 'higher ups' are going to have to rethink that strategy as the unemployment rate continues to fall. Plenty profitable or beyond Obscenly Profitable?

 

[MrFedEx]

FDX Annual Income Statement - FedEx Corp. Annual Financials

please forward to NET INCOME...after all is paid off...pure profit. Forget the 1% out of every dollar bullchit

That's why Express can go completely in the toilet (we are well on our way), and FDX will still be just fine. IMO, we still need to do everything we can to make Express a money-loser, but it's an exercise in principle because overall, the Ground opco will carry the day and stuff Fred's pants with even more cash.

 

[bbsam]

I have asked many times how is this 'model' going to survive as the economy continues to recover, the unemployment rate continues to fall, job growth is averaging 200,000 + a year..... In 2008-2010 -- yes this second tier labor model was viable but it was not in the late 1990s or prior to 2008 (unemployment rate was 5% or less for ten years from 1997-2007)... As the labor market continues to tighten, corporations are going to have to put more $$$$ to the employees at the expense of the bottom line

It worked at Ground before the recession. Why not at Express?

 

[hypo hanna]

Also the company is well known for misleading prospective employees on pay , hours, benefits and what the job entails.

 

[Nick9075]

Also the company is well known for misleading prospective employees on pay , hours, benefits and what the job entails.

Yup and people who tell it the way it is are targeted and the subject of personal attacks. Positive thinking and the touchy feely BS seems to be the only accepted way of thinking. Do people actually believe the spin and BS in the interviews you see with the higher ups on CNBC ?

 

[MrFedEx]

Yup and people who tell it the way it is are targeted and the subject of personal attacks. Positive thinking and the touchy feely BS seems to be the only accepted way of thinking. Do people actually believe the spin and BS in the interviews you see with the higher ups on CNBC ?

So true. Anyone who speaks up is targeted for harassment and eventually...elimination. If you aren't part of the groupthink "rahrah FedEx" crowd, you are the enemy.

 

[fedupped]

That's why Express can go completely in the toilet (we are well on our way), and FDX will still be just fine. IMO, we still need to do everything we can to make Express a money-loser, but it's an exercise in principle because overall, the Ground opco will carry the day and stuff Fred's pants with even more cash.

Actually no, if express goes under, so does 60 % of that figure.