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FedEx Discussions
18 months without a raise
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<blockquote data-quote="MAKAVELI" data-source="post: 3759764" data-attributes="member: 43825"><p>You're missing the point. When top gets a cola 3%, steps 1 -9 also get a bump somewhere between 2-3%. So instead of getting a standard step raise we would get the step + 2-3%. That 2-3% compounds over time and is worth more than just receiving a standard step 6months early. It's the same scenario for topped out drivers. Capping step 10 hurts their future earnings. Like [USER=23671]@fedex_rtd[/USER] said, FedEx is actually saving money doing this. It's nothing more than a shell game.</p></blockquote><p></p>
[QUOTE="MAKAVELI, post: 3759764, member: 43825"] You're missing the point. When top gets a cola 3%, steps 1 -9 also get a bump somewhere between 2-3%. So instead of getting a standard step raise we would get the step + 2-3%. That 2-3% compounds over time and is worth more than just receiving a standard step 6months early. It's the same scenario for topped out drivers. Capping step 10 hurts their future earnings. Like [USER=23671]@fedex_rtd[/USER] said, FedEx is actually saving money doing this. It's nothing more than a shell game. [/QUOTE]
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