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New teamsters contract includes “substantial” pay raises.
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<blockquote data-quote="MrFedEx" data-source="post: 1127733" data-attributes="member: 12508"><p>Here's the reality. You make essentially double what we do, and in terms of retirement, 3 times as much. Our RTD's (feeder drivers) top out in major markets at around $27 per hour...it takes over 20 years to get there, so many of them are working for far less. I know a bunch of RTDs, and used to be one myself. Currently, they are struggling to even get 40 hrs in most locations, and OT is usually hard-capped at 50.</p><p></p><p>With a wife and a couple of kids, we are in at about $400 per month for Medical and Dental. Both have high co-pays and deductibles and the Dental was recently cut so restorative work (crowns, bridges etc) is paid at only 50%. Our insurance is a joke.</p><p></p><p>Pension? Try around $1800-$1900 per month for a 25-years of service retiree. And that is for someone maxed-out under the old plan, which no longer exists. Under the PPP, newer employees get a cash annuity, and a puny monthly payout that might fill your gas tank once or twice. So, someone who started as an RTD today and worked 25 years would really have just the annuity, with no meaningful pension coming-in.</p><p></p><p>Most RTD's I know made between $45-55,000 last year, and the $55,000 is only attainable if you are near top-of-range, which takes basically forever. Also, this is a job that is directly comparable at both companies. The FedEx RTD works just as hard as the UPS feeder driver. Same skill set, same level of work. I was a seasonal feeder driver for several years at UPS and easily did the job as well as their people, so I know the jobs are essentially the same.</p><p></p><p>Bottom line: We will never match your wages and benefits.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 1127733, member: 12508"] Here's the reality. You make essentially double what we do, and in terms of retirement, 3 times as much. Our RTD's (feeder drivers) top out in major markets at around $27 per hour...it takes over 20 years to get there, so many of them are working for far less. I know a bunch of RTDs, and used to be one myself. Currently, they are struggling to even get 40 hrs in most locations, and OT is usually hard-capped at 50. With a wife and a couple of kids, we are in at about $400 per month for Medical and Dental. Both have high co-pays and deductibles and the Dental was recently cut so restorative work (crowns, bridges etc) is paid at only 50%. Our insurance is a joke. Pension? Try around $1800-$1900 per month for a 25-years of service retiree. And that is for someone maxed-out under the old plan, which no longer exists. Under the PPP, newer employees get a cash annuity, and a puny monthly payout that might fill your gas tank once or twice. So, someone who started as an RTD today and worked 25 years would really have just the annuity, with no meaningful pension coming-in. Most RTD's I know made between $45-55,000 last year, and the $55,000 is only attainable if you are near top-of-range, which takes basically forever. Also, this is a job that is directly comparable at both companies. The FedEx RTD works just as hard as the UPS feeder driver. Same skill set, same level of work. I was a seasonal feeder driver for several years at UPS and easily did the job as well as their people, so I know the jobs are essentially the same. Bottom line: We will never match your wages and benefits. [/QUOTE]
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New teamsters contract includes “substantial” pay raises.
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