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WOW!! A Fully-Funded Pension
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<blockquote data-quote="vantexan" data-source="post: 736802" data-attributes="member: 24302"><p>When they announced in early 2007 that the traditional pension would be terminated in mid-2008 i realized that I had one calender year left to affect my pension. I volunteered for whatever I could get, worked a lot of 6 day weeks even though I was a 4X10(mgr classified me as 5X8 to avoid double time issues). Managed $48k, best year ever with company, had to live and breathe FedEx for a year. Not so easy to make $50k for mid-range couriers, especially if in station with low payscale and especially if work isn't there. I was only courier in that station volunteering like that, most felt it wasn't worth the effort.</p><p></p><p>Please show me how with 6% raises(a 7 review) you can catch topped out couriers getting 3% raises(on higher pay), making up close to $7hr, in 10 years? Not to mention the company choosing to not pay raises or give a smaller raise. And I don't believe for a second that mgrs can't affect raises. I ran 2 rts to help a mgr out when we were shorthanded in Kingman, AZ. He assured me lates wouldn't affect me at all. Got off many nights after 2100, but limited myself to 12 hrs a day, 55 a week to make him happy. At review time I got a 5.9 because of all the lates, but he "generously" bumped it up to a 6.1. I was a swing too, posting better numbers than those I covered except for 1 route. You may honestly believe that mgrs are professionals with the highest ethics, but I've been all over the country and have run into too many who are trying to game the system to accelerate their career. And they are willing to use and abuse couriers to do that.</p><p></p><p>Say what you want about how much senior couriers can make, mid-range couriers are the future of the company. Eventually senior couriers will be gone, and then everyone will be on a long, slow line of pay progression. It's obviously what the company wants, and if they were at all concerned about how much less we are making they would've come up with a better system by now. They are very happy with the rate we progress, it holds costs down and helps maximize profits. And if we don't vote for a union and negotiate they will be happy to keep things as is. Might very well result in a part-time workforce. Then again, if a part-time workforce is optimal for maximizing profits why are they fighting so hard to keep a union out? Based on their track record they would've made us all part-timers by now if that was the most profitable thing they could do. And if we did top out in 10 years and still had the traditional pension we wouldn't be discussing a union now. But rather than settle for a lower stock price, lower profits, and no dividends they took things away from us to make themselves even wealthier than they already were. So please don't tell us how they are looking hard at mid-range pay, looking to see how they can make it better. Not happening, or if anything happens it'll be like that tiny bonus they give while touting how wonderful it is that they are doing that for us.</p><p></p><p>Should add that if a union gets in and we negotiate $30hr, which results in us getting 25-30 hrs a week max, I'll take it. I've been at this a long time, may not get any further ahead with less hrs, but I'll have more time to myself. Will make it possible to stay until I'm 60, which with the pension situation I'm realizing I don't have much choice but to continue to work. You say if couriers put in the hours they can make X amount. I'm saying after decades of this company with few rewards the last thing I want to do is work 55 hrs a week, even if it was available. When you are older you will understand. If you are scoffing and snorting at that statement then you don't yet have a grasp of the physical toll this work takes on you. I can still work harder than most, but I feel it much more now, and I'm asking myself why go the extra mile and work harder when there's no reward for doing so?</p></blockquote><p></p>
[QUOTE="vantexan, post: 736802, member: 24302"] When they announced in early 2007 that the traditional pension would be terminated in mid-2008 i realized that I had one calender year left to affect my pension. I volunteered for whatever I could get, worked a lot of 6 day weeks even though I was a 4X10(mgr classified me as 5X8 to avoid double time issues). Managed $48k, best year ever with company, had to live and breathe FedEx for a year. Not so easy to make $50k for mid-range couriers, especially if in station with low payscale and especially if work isn't there. I was only courier in that station volunteering like that, most felt it wasn't worth the effort. Please show me how with 6% raises(a 7 review) you can catch topped out couriers getting 3% raises(on higher pay), making up close to $7hr, in 10 years? Not to mention the company choosing to not pay raises or give a smaller raise. And I don't believe for a second that mgrs can't affect raises. I ran 2 rts to help a mgr out when we were shorthanded in Kingman, AZ. He assured me lates wouldn't affect me at all. Got off many nights after 2100, but limited myself to 12 hrs a day, 55 a week to make him happy. At review time I got a 5.9 because of all the lates, but he "generously" bumped it up to a 6.1. I was a swing too, posting better numbers than those I covered except for 1 route. You may honestly believe that mgrs are professionals with the highest ethics, but I've been all over the country and have run into too many who are trying to game the system to accelerate their career. And they are willing to use and abuse couriers to do that. Say what you want about how much senior couriers can make, mid-range couriers are the future of the company. Eventually senior couriers will be gone, and then everyone will be on a long, slow line of pay progression. It's obviously what the company wants, and if they were at all concerned about how much less we are making they would've come up with a better system by now. They are very happy with the rate we progress, it holds costs down and helps maximize profits. And if we don't vote for a union and negotiate they will be happy to keep things as is. Might very well result in a part-time workforce. Then again, if a part-time workforce is optimal for maximizing profits why are they fighting so hard to keep a union out? Based on their track record they would've made us all part-timers by now if that was the most profitable thing they could do. And if we did top out in 10 years and still had the traditional pension we wouldn't be discussing a union now. But rather than settle for a lower stock price, lower profits, and no dividends they took things away from us to make themselves even wealthier than they already were. So please don't tell us how they are looking hard at mid-range pay, looking to see how they can make it better. Not happening, or if anything happens it'll be like that tiny bonus they give while touting how wonderful it is that they are doing that for us. Should add that if a union gets in and we negotiate $30hr, which results in us getting 25-30 hrs a week max, I'll take it. I've been at this a long time, may not get any further ahead with less hrs, but I'll have more time to myself. Will make it possible to stay until I'm 60, which with the pension situation I'm realizing I don't have much choice but to continue to work. You say if couriers put in the hours they can make X amount. I'm saying after decades of this company with few rewards the last thing I want to do is work 55 hrs a week, even if it was available. When you are older you will understand. If you are scoffing and snorting at that statement then you don't yet have a grasp of the physical toll this work takes on you. I can still work harder than most, but I feel it much more now, and I'm asking myself why go the extra mile and work harder when there's no reward for doing so? [/QUOTE]
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