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10 step pay raises
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<blockquote data-quote="vantexan" data-source="post: 2896548" data-attributes="member: 24302"><p>Except one little detail...I have said a number of times on here that I made a mistake quitting in '97. That was after 4.5 years of no raises, got a 39 cent raise finally, and mgr told me I better enjoy that raise, it was the last I was going to see for a long time. As I was a domicile I wasn't aware of company plans to make significant upgrades to top out in about a year. I quit in frustration. Bought a truck and delivered travel trailers. That's a joke so came back to FedEx 17 months later. Yes after finding out they had eliminated my payscale and top out was now $16.11hr I very much regretted quitting. But they're telling me 7-8 years to top out. So figured I made a mistake, but will eventually be back on track. It was about 5 years later when it was looking like they had no intention to top us out ever. Seriously it could take 30+ years. I decided if I could get my pension it would be worth it. I wanted to travel, the pension makes that possible. But then they up and gave us a choice whether we stayed in the traditional or go into the portable pension. I stayed in the traditional. And about a year later they announced they were going to terminate the traditional plan. And for 5 years give us extra "transition credits" meaning more money into our portable plan to "make up" some of what we lost with the traditional(if we were 40 or older). Guess what? Remember that choice they gave us? The ones who chose to go into the portable plan at that time didn't get the transition credits. A topped out employee making $60k lost $12k over 5 years. That was the reason for our "choice." Another scam. And the theme I get from you is we should just take it, no complaining. If the company lies to us it's our fault for believing them. We deserve to get fleeced. As long as I'm alive every time someone comes on here and says how wonderful the company has been to us I'm going to point this stuff out. I'm defending honest workers who were cheated. You're defending the cheaters.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2896548, member: 24302"] Except one little detail...I have said a number of times on here that I made a mistake quitting in '97. That was after 4.5 years of no raises, got a 39 cent raise finally, and mgr told me I better enjoy that raise, it was the last I was going to see for a long time. As I was a domicile I wasn't aware of company plans to make significant upgrades to top out in about a year. I quit in frustration. Bought a truck and delivered travel trailers. That's a joke so came back to FedEx 17 months later. Yes after finding out they had eliminated my payscale and top out was now $16.11hr I very much regretted quitting. But they're telling me 7-8 years to top out. So figured I made a mistake, but will eventually be back on track. It was about 5 years later when it was looking like they had no intention to top us out ever. Seriously it could take 30+ years. I decided if I could get my pension it would be worth it. I wanted to travel, the pension makes that possible. But then they up and gave us a choice whether we stayed in the traditional or go into the portable pension. I stayed in the traditional. And about a year later they announced they were going to terminate the traditional plan. And for 5 years give us extra "transition credits" meaning more money into our portable plan to "make up" some of what we lost with the traditional(if we were 40 or older). Guess what? Remember that choice they gave us? The ones who chose to go into the portable plan at that time didn't get the transition credits. A topped out employee making $60k lost $12k over 5 years. That was the reason for our "choice." Another scam. And the theme I get from you is we should just take it, no complaining. If the company lies to us it's our fault for believing them. We deserve to get fleeced. As long as I'm alive every time someone comes on here and says how wonderful the company has been to us I'm going to point this stuff out. I'm defending honest workers who were cheated. You're defending the cheaters. [/QUOTE]
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