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 to give employees bonuses, raises, 401k
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="bacha29" data-source="post: 3329291" data-attributes="member: 58386"><p>Let's take a closer look at this thing.</p><p></p><p>1. Pay raise. All they're doing is front loading you're raise but in doing so they're extending the timeline between raises.</p><p></p><p>2. Pension contribution: In all likelihood all they're doing is prepaying their future pension obligations for the benefit of future hires much in the same way the USPS is currently doing.</p><p></p><p>3. Expansion and modernization of hubs. The key here is modernization which likely means more automation and while they do plan to expand the automation they plan to introduce takes the luster off the expansion plans. The end result could mean a net loss of jobs.</p><p></p><p>4: The takeaway: In keeping with past practice X again gives you one thing and takes it back someplace else. In addition it would appear this action is indeed designed to avoid giving high profile bonus's the hourly X employees in order to avoid putting ground contractor's in a position of having to do the same for their employee drivers thereby keeping Ground's double digit margins in place. You can't help but be impressed by their cleverness.</p></blockquote><p></p>
[QUOTE="bacha29, post: 3329291, member: 58386"] Let's take a closer look at this thing. 1. Pay raise. All they're doing is front loading you're raise but in doing so they're extending the timeline between raises. 2. Pension contribution: In all likelihood all they're doing is prepaying their future pension obligations for the benefit of future hires much in the same way the USPS is currently doing. 3. Expansion and modernization of hubs. The key here is modernization which likely means more automation and while they do plan to expand the automation they plan to introduce takes the luster off the expansion plans. The end result could mean a net loss of jobs. 4: The takeaway: In keeping with past practice X again gives you one thing and takes it back someplace else. In addition it would appear this action is indeed designed to avoid giving high profile bonus's the hourly X employees in order to avoid putting ground contractor's in a position of having to do the same for their employee drivers thereby keeping Ground's double digit margins in place. You can't help but be impressed by their cleverness. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
FedEx to give employees bonuses, raises, 401k
Top