Just keep promises made. Or don't make them.It’s a corporation. It’s purpose is to make a profit. The problems arise when workers expect it to care about them.
Just keep promises made. Or don't make them.It’s a corporation. It’s purpose is to make a profit. The problems arise when workers expect it to care about them.
Once again, you have no idea what you are talking about. ALL permanent part time employees at Express have the same benefits as full time employees, minus short and long term disability. I am part time, I would know. There are a few casual employees that are being used as couriers but they are very few in numbers. They can only work a few hrs per week. You continue to show your ignorance with nearly every post you make about Express. No part timers at my station gets the minimum unless they request as few hrs as possible. Volume has exploded and hrs are plentiful. Maybe you should take your paranoid attitude and stick to a subject you know. Billiards, darts, air hockey or kiddie porn are most likely your favorite past times.Haven't been over to the job boards lately have you old fart? They are loaded with Fedex Express part time zero benefit driver jobs. Granted in among many dozens of these PT no benefit openings you might see one or two FT's but they are out numbered by the PT no benefits by a very wide margin.
Here's the problem with them. You won't make enough to survive on that 17 hours a week but you are still encumbered if not out and out burdened with having to be available to work whatever day of week and hour of day they demand as well as having to wait and see just what those days and hours are going to be.
And given the transformation to all or nearly all PT workforce the chances for getting full time will continue to diminish as well.
Who could predict the economic downturn of 2008? Who could predict the Intl. economy would tank in 2019? Who could predict a virus would shut down the world and it's economy like nothing the world has seen in decades? Despite this, the company reported much better financials than Wall Street anticipated a few weeks back and the stock has rebounded from about $90 to $166. Even the pilots endured the results of the bad economy, many being furloughed and others had their hrs cut. The volume increase of late ended that practice and now there are more flights than pilots. Policies and programs the company has announced over the years were made with the economic numbers that were in place at that time. Nobody has a crystal ball that can predict the future. A company can't spend itself broke when economic conditions don't permit the continuation of certain programs. Just ask Sears, K-Mart, JC Penny, Pier 1, etc etc.Just keep promises made. Or don't make them.
As I said, keep your promises or don't make them. And don't take away from your employees to build a new division. Everything was about the money, always has been. We were sacrificed so that the rich got richer. And don't kid yourself, they were planning ending the traditional pension long before 2008 hit. I just feel sorry for the folks who are going to lose the portable pension plan. It's not the best plan but better than nothing. Have to get a government job to get a pension these days.Who could predict the economic downturn of 2008? Who could predict the Intl. economy would tank in 2019? Who could predict a virus would shut down the world and it's economy like nothing the world has seen in decades? Despite this, the company reported much better financials than Wall Street anticipated a few weeks back and the stock has rebounded from about $90 to $166. Even the pilots endured the results of the bad economy, many being furloughed and others had their hrs cut. The volume increase of late ended that practice and now there are more flights than pilots. Policies and programs the company has announced over the years were made with the economic numbers that were in place at that time. Nobody has a crystal ball that can predict the future. A company can't spend itself broke when economic conditions don't permit the continuation of certain programs. Just ask Sears, K-Mart, JC Penny, Pier 1, etc etc.
6% match or whatever the new plan is can be very lucrative. People complain about the Portable and when the company suggests a plan that just might be better, you complain about the loss of the Portable. I believe the Traditional ended before 2008, but I could be wrong. I was long gone from it by then. You mention a government job is needed to have a pension. That is proof that if only the government can provide a pension, economic conditions has made it necessary for most companies to end their programs.As I said, keep your promises or don't make them. And don't take away from your employees to build a new division. Everything was about the money, always has been. We were sacrificed so that the rich got richer. And don't kid yourself, they were planning ending the traditional pension long before 2008 hit. I just feel sorry for the folks who are going to lose the portable pension plan. It's not the best plan but better than nothing. Have to get a government job to get a pension these days.
Shut up Oldfart.I am an "at will" employee and am free to leave when I want. Unlike many on here, I wouldn't work anywhere I didnt like. Most on here post about their hatred of the job and keep working there. Why?
Kinda how men were judged in my dad's day.Just keep promises made. Or don't make them.
Only because it's fashionable today I will use this.Most people here would say Ground has a terrible reputation and terrible turnover. Profit has been holding steady for decades.
The traditional ended May 31, 2008. The new plan can be lucrative if the company keeps it's word with pay raises and people can get OT. But the portable pension is a sure thing and you still have a 401k with a match. As for ending pensions, if everyone is just in a 401k then it's that much more that funds can use to buy stock, driving up share prices so exec's can get rich. Why do you think they want everyone to participate and offer a match as an incentive? Companies don't want to give employees sure things, they want them to invest as much as possible in 401k's.6% match or whatever the new plan is can be very lucrative. People complain about the Portable and when the company suggests a plan that just might be better, you complain about the loss of the Portable. I believe the Traditional ended before 2008, but I could be wrong. I was long gone from it by then. You mention a government job is needed to have a pension. That is proof that if only the government can provide a pension, economic conditions has made it necessary for most companies to end their programs.
For starters the defined benefit plan was terminated before 2008. Secondly do you have any idea how many hours pilots work a year, how they bid routes and how they are paid? Since you don't ask @59 Dano , he can ask someone.Who could predict the economic downturn of 2008? Who could predict the Intl. economy would tank in 2019? Who could predict a virus would shut down the world and it's economy like nothing the world has seen in decades? Despite this, the company reported much better financials than Wall Street anticipated a few weeks back and the stock has rebounded from about $90 to $166. Even the pilots endured the results of the bad economy, many being furloughed and others had their hrs cut. The volume increase of late ended that practice and now there are more flights than pilots. Policies and programs the company has announced over the years were made with the economic numbers that were in place at that time. Nobody has a crystal ball that can predict the future. A company can't spend itself broke when economic conditions don't permit the continuation of certain programs. Just ask Sears, K-Mart, JC Penny, Pier 1, etc etc.
I appreciate your fire Tex, not for me but the bodies that are left. You're a good man.As I said, keep your promises or don't make them. And don't take away from your employees to build a new division. Everything was about the money, always has been. We were sacrificed so that the rich got richer. And don't kid yourself, they were planning ending the traditional pension long before 2008 hit. I just feel sorry for the folks who are going to lose the portable pension plan. It's not the best plan but better than nothing. Have to get a government job to get a pension these days.
It smells like him.Shut up Oldfart.
It takes years to wrap up a pension plan by government regulation. Essentially Fedex ended the pension plan long before anyone was given notice.The traditional ended May 31, 2008. The new plan can be lucrative if the company keeps it's word with pay raises and people can get OT. But the portable pension is a sure thing and you still have a 401k with a match. As for ending pensions, if everyone is just in a 401k then it's that much more that funds can use to buy stock, driving up share prices so exec's can get rich. Why do you think they want everyone to participate and offer a match as an incentive? Companies don't want to give employees sure things, they want them to invest as much as possible in 401k's.
And they sent us nice glossy brochures every year detailing what we would get if we put in the time. Until they announced in January 2007 that they would be terminating the plan at the end of the fiscal year in 2008.It takes years to wrap up a pension plan by government regulation. Essentially Fedex ended the pension plan long before anyone was given notice.
Kinda like when your wife or girlfriend leaves, that decision was made long before you were given notice. With a woman it is tying up loose ends, with a Corporation it is meeting regulatory hurdles.
Either way you're in the dark until the hammer drops.
I've said it before, the smartest segment of the workforce decided they needed a contract.And they sent us nice glossy brochures every year detailing what we would get if we put in the time. Until they announced in January 2007 that they would be terminating the plan at the end of the fiscal year in 2008.
Without a union willing to step up pretty hard to get couriers together to get a contract. Like herding cats.I've said it before, the smartest segment of the workforce decided they needed a contract.
Contracts are a great thing, not just in employment. Without contracts civil society is a crap
shoot. I'm big on contracts.
Understood, class and craft, the push would have to be made at the World Hub, Memphis.Without a union willing to step up pretty hard to get couriers together to get a contract. Like herding cats.
If contracts are so great, why were they ONLY workforce in the company with a contract the 1st segment of the company to get furloughed and others have their hrs cut, I don't believe any couriers suffered those actions. Pilots are back to full force now, but for awhile, their situation wasn't so secure.I've said it before, the smartest segment of the workforce decided they needed a contract.
Contracts are a great thing, not just in employment. Without contracts civil society is a crap
shoot. I'm big on contracts.
Go over take a look for yourself and draw your own conclusions. You're obviously a good reader and one of the first conditions spelled out is NO BENEFITS.Unless something just changed, PT’ers get benefits, and the guarantee is 17.5 hours a week. Most of those PT positions are held by self employed workers, for the benefits. Many are college students.
On that date Barrack Obama inherited the Bush Recession at which time saving critical segments of the economy and just getting people back to work in any form of it was the top priority.We said that on 01/20/09.