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FedEx Discussions
Hmm Crossing over to fedex express?....
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<blockquote data-quote="MondayLates" data-source="post: 2267437" data-attributes="member: 59705"><p>There is a pay range difference of about $10 between starting and max pay but you will never top out. Raises come at company discretion (last year was 6%, years before that were 2-3% with two years of no raises).</p><p></p><p>Health benefits are high deductible plans. About $125/mo single and $400-some for married/family.</p><p></p><p>Traditional pension plan is gone. Current plan is a 5-8% (depending on years of service) matching contribution of your pay is set aside in a 1% interest-bearing account that you can either take as a lump sum or a small annuity when you leave. Mine is approx $25k after 11 years (or $60-some per month). There is a 401k match of 6%.</p><p></p><p>It is less of a physical workload than UPS but it's just as much pressure. There are daily threats and intimidation by management because there is no union to protect you. Also because of no union, there are takeaways every year. Since I've started, we've lost split shift pay, shift differential pay, performance based raises, the traditional pension plan, and the "purple promise" profit sharing payout for frontline employees.</p><p></p><p>It feels like a totally different company than when I started and I haven't even been here that long compared to a lot of people.</p></blockquote><p></p>
[QUOTE="MondayLates, post: 2267437, member: 59705"] There is a pay range difference of about $10 between starting and max pay but you will never top out. Raises come at company discretion (last year was 6%, years before that were 2-3% with two years of no raises). Health benefits are high deductible plans. About $125/mo single and $400-some for married/family. Traditional pension plan is gone. Current plan is a 5-8% (depending on years of service) matching contribution of your pay is set aside in a 1% interest-bearing account that you can either take as a lump sum or a small annuity when you leave. Mine is approx $25k after 11 years (or $60-some per month). There is a 401k match of 6%. It is less of a physical workload than UPS but it's just as much pressure. There are daily threats and intimidation by management because there is no union to protect you. Also because of no union, there are takeaways every year. Since I've started, we've lost split shift pay, shift differential pay, performance based raises, the traditional pension plan, and the "purple promise" profit sharing payout for frontline employees. It feels like a totally different company than when I started and I haven't even been here that long compared to a lot of people. [/QUOTE]
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Hmm Crossing over to fedex express?....
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