MrFedEx
Engorged Member
Much has been made of last years UAW contract which established what is essentially a two-tiered wage system. Senior employees keep the old much higher wage, and new hires work for about half that amount, performing exactly the same job.
With the current 22-year wage topout at Express, Fred already has it in place, and has now for quite a few years. Think about it. A new hire comes in at about $15-$16 per hour, depending on market level, and an topped-out courier is somewhere in the mid 20's, which varies according to the market level as well. Add-in the fact that the senior courier had the Traditional Pension Plan for most of their career, and you've got a wage and benefit disparity that probably averages around 40%. What a deal...for Fred.
Fred knows that most of the couriers walking in the door today will walk right back out in less than 5 years because the job sucks and there is absolutely no future in it. That means that few, if any, of the new hires will ever stay long enough to reach top scale.
So there you have it. A defacto two-tiered wage system that greatly benefits FedEx and totally screws the Express employee. With the new review system the only incentives to do a good job are your personal pride and the fear they beat you over the head with every day that failing to make numbers equals termination.
FedEx really does suck. It is a lousy company with piss-poor management and increasingly bad customer service. WalMart is the benchmark, and Fred is hitting the target. We have become the working poor, which is exactly Fred's plan. Nice guy.
With the current 22-year wage topout at Express, Fred already has it in place, and has now for quite a few years. Think about it. A new hire comes in at about $15-$16 per hour, depending on market level, and an topped-out courier is somewhere in the mid 20's, which varies according to the market level as well. Add-in the fact that the senior courier had the Traditional Pension Plan for most of their career, and you've got a wage and benefit disparity that probably averages around 40%. What a deal...for Fred.
Fred knows that most of the couriers walking in the door today will walk right back out in less than 5 years because the job sucks and there is absolutely no future in it. That means that few, if any, of the new hires will ever stay long enough to reach top scale.
So there you have it. A defacto two-tiered wage system that greatly benefits FedEx and totally screws the Express employee. With the new review system the only incentives to do a good job are your personal pride and the fear they beat you over the head with every day that failing to make numbers equals termination.
FedEx really does suck. It is a lousy company with piss-poor management and increasingly bad customer service. WalMart is the benchmark, and Fred is hitting the target. We have become the working poor, which is exactly Fred's plan. Nice guy.
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