No, industry observer.
Now go away? As if you own all opinion, lol. Cute.
All I see from you is venom on anything Fedex here. That is undeniable. And what is strange is this is a UPS site, did you take a wrong turn somewhere? Perhaps it's a indication of your overall views, left field.
Walmart does this bad thing and you take it straight to Fedex. Do you do that with every bad thing you see? "My drink spilled in my car, ya know Fedex trucks have stiff suspension on purpose to get back at the driver!"
As to rate hikes in medical, as we all go along, struggling, the medical field is still happily raising their prices like the world around them isn't happening. Face it, it cannot be fixed because after 25 years someone finally comes up with a plan (doesn't matter what plan) the other political side and medical lobbyists will sell fear to the public at historical levels to make us hate it. The medical industry doesn't want change. So we will get nervous about change, cancel that and stay with the status quo which we've known for decades is out of control medical costs. We were just mind-friend'd. So Walmart's premiums have gone up, most likely Fedex's to, most likely mosts will go up. Medical costs are insane. We lost millions of jobs to China over our medical costs alone. But fear wins again, fear on health is king.
I'm with you in many ways overall, overall meaning everything. Your focus is so much just Fedex, it's the way the corporate world is turning right now. Fedex won't take action because of Walmart, Fedex will take action based on corporate trends.
Unless you've actually worked for FedEx, you don't understand FedEx. As an "industry observer", you're not qualified to say what is positive about FedEx and what isn't. Sure, medical costs are rising, and FedEx is passing the costs along to employees, just like they do whenever the costs of
anything go up.
Federal Express used to be a premier company to work for, mainly because they treated their employees with respect. At FedEx, unless you're a pilot or manager, that isn't the case today. Here are just a few of the benefits and policies they've stripped away over the years, mainly because Fred S has a special deal that allows him to keep hourlies non-union. He commands, and we jump, with no recourse.
* Profit-sharing....long gone
* Jumpseat...gone since 9-11, except for business.
* Retirement Plan...the PPP doesn't even qualify as "retirement". It's a puny annuity.
* Regular Raises
* 2 years to top wage...try 22 years now. What other company requires 22+ years of service to reach top wage? Nobody.
* P-S-P...it used to mean something. Now, it's simply meaningless.
* FT work =FT status. Now, part-timers can be worked full-time hours indefinitely without ever being upgraded to FT status.
And so much more. FedEx will take always take action to maximize it's profit, regardless of ethical or moral considerations. Profit-Profit-Profit. No People and no Service.
Like I said, you don't "get" FedEx.