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<blockquote data-quote="Ricochet1a" data-source="post: 926870" data-attributes="member: 22880"><p>I should make one thing clear... The "plan" I put up would be a proposal or starting point for contract negotiations. FedEx isn't EVER going to give the wage employees ANYTHING it thinks it doesn't have to. I don't think FedEx in the lifetime of Fred or his successor would EVER think of such a plan without a union negotiator sitting across table staring at them.</p><p></p><p>It would take FedEx looking at a certified union, sitting across a table from them with strike authorizations pre-approved in order to get anything like I outlined done. What I outlined is indeed achievable for Express. The KoolAid drinkers won't believe it, since it would "pop" their view of the world as is (if they did believe it could happen, they'd know they were fooled by FedEx all these years - and they don't want to admit that to themselves - no one wants to admit they were fooled).</p><p></p><p>For the FY 10, Express made $20.5 Billion in revenue. By my costing analysis, the blueprint I put up would cost Express between $600 and $750 million (over what they are paying now). That works out to between 3 and 3.6% of annual revenues.</p><p></p><p>You can't tell me that it is impossible for FedEx to take the measures necessary (reduce executive compensation and perks, get rid of the executive jet fleet that is used to give special travel for Members of Congress at a loss to FedEx, trim the number of staff positions who shuffle paper in Memphis, extend the utilization time of equipment) and finally boost shipping rates by a puny 1% over planned "inflation" - to enable such a plan to be implemented.</p><p></p><p>The reason such a compensation plan doesn't exist is due to the fact that Fred is confident he can remain union free, and therefore not compelled to pay middle class wages to his wage work force.</p><p></p><p>You're not going to get UPS level compensation - but with a certified union, you'll come damn close.</p><p></p><p>Put the purple KoolAid down and THINK about what you can really get.</p><p></p><p>I'm out - but if you are for whatever reason still at FedEx, run the numbers - the cash is there. Fred wants to keep the status quo and as long as he has the RLA on one hand and plenty of KoolAid drinkers on the other - he'll be laughing at the end of each quarter when he reviews his profits and labor expenses.</p></blockquote><p></p>
[QUOTE="Ricochet1a, post: 926870, member: 22880"] I should make one thing clear... The "plan" I put up would be a proposal or starting point for contract negotiations. FedEx isn't EVER going to give the wage employees ANYTHING it thinks it doesn't have to. I don't think FedEx in the lifetime of Fred or his successor would EVER think of such a plan without a union negotiator sitting across table staring at them. It would take FedEx looking at a certified union, sitting across a table from them with strike authorizations pre-approved in order to get anything like I outlined done. What I outlined is indeed achievable for Express. The KoolAid drinkers won't believe it, since it would "pop" their view of the world as is (if they did believe it could happen, they'd know they were fooled by FedEx all these years - and they don't want to admit that to themselves - no one wants to admit they were fooled). For the FY 10, Express made $20.5 Billion in revenue. By my costing analysis, the blueprint I put up would cost Express between $600 and $750 million (over what they are paying now). That works out to between 3 and 3.6% of annual revenues. You can't tell me that it is impossible for FedEx to take the measures necessary (reduce executive compensation and perks, get rid of the executive jet fleet that is used to give special travel for Members of Congress at a loss to FedEx, trim the number of staff positions who shuffle paper in Memphis, extend the utilization time of equipment) and finally boost shipping rates by a puny 1% over planned "inflation" - to enable such a plan to be implemented. The reason such a compensation plan doesn't exist is due to the fact that Fred is confident he can remain union free, and therefore not compelled to pay middle class wages to his wage work force. You're not going to get UPS level compensation - but with a certified union, you'll come damn close. Put the purple KoolAid down and THINK about what you can really get. I'm out - but if you are for whatever reason still at FedEx, run the numbers - the cash is there. Fred wants to keep the status quo and as long as he has the RLA on one hand and plenty of KoolAid drinkers on the other - he'll be laughing at the end of each quarter when he reviews his profits and labor expenses. [/QUOTE]
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