Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
An Appeal To UPSer's From FedEx Drivers
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="quadro" data-source="post: 270362" data-attributes="member: 12850"><p>I have worked for FedEx for 20+ years and am very familiar with the old plan, the new plan, and to some extent why the law was changed. I'm not an executive, just one of the employees. I have been able to provide a very comfortable life for my family thanks to my job.</p><p> </p><p>Would I like more pay and benefits? I challenge you to show me someone who doesn't. But it's not just about the bottom line. Could I get a better paying job with better overall benefits? Maybe, maybe not. Also, most companies don't have a pension plan and a 401K. It's one or the other. In those situations, either one might be better than the one FedEx offers, but the two combined are better. Most companies are shifting more and more of the burden to save on to the employee. It's not specific to FedEx. Just do some research and you'll see the number of traditional plans are getting less and less. Companies simply cannot afford to fund those plans in today's market. Especially with the new law. Does that make it right, wrong, good, bad? Depends on your perspective and your personal situation.</p><p> </p><p>To say that FedEx has a stranglehold over its employees is ridiculous. Everyone is free to leave and get that better paying job. Contrary to your experience, I don't see people leaving in droves.</p><p> </p><p>You want FedEx to be like UPS but you chastise them for doing the same thing that UPS does with PAC contributions???? Not sure I follow your logic there.</p><p> </p><p>There are a lot of employees who are in the position to get a second pension as they've been employed 20+ years. For those just getting hired, they're not losing much if they go work at a better company.</p><p> </p><p>I think you need to check both companies financial statements if you believe that FedEx has large cash reserves like UPS. You do realize that FedEx is making about 8 - 9 cents on the dollar? If that's more profitable since adding freight, ground, etc (which it is) then it's probably lucky that executive management had the foresight to acquire those companies. I'd hate to think where we'd be if 8 - 9 cents is better than it would have been.</p><p> </p><p>If you believe that FedEx employees would be better off with a union, I'm simply encouraging you to look at everything, get the facts, and remember that everything is negotiated. You could very easily end up with less than you have now. I hope you get satisfaction in whatever you do, just be informed.</p></blockquote><p></p>
[QUOTE="quadro, post: 270362, member: 12850"] I have worked for FedEx for 20+ years and am very familiar with the old plan, the new plan, and to some extent why the law was changed. I'm not an executive, just one of the employees. I have been able to provide a very comfortable life for my family thanks to my job. Would I like more pay and benefits? I challenge you to show me someone who doesn't. But it's not just about the bottom line. Could I get a better paying job with better overall benefits? Maybe, maybe not. Also, most companies don't have a pension plan and a 401K. It's one or the other. In those situations, either one might be better than the one FedEx offers, but the two combined are better. Most companies are shifting more and more of the burden to save on to the employee. It's not specific to FedEx. Just do some research and you'll see the number of traditional plans are getting less and less. Companies simply cannot afford to fund those plans in today's market. Especially with the new law. Does that make it right, wrong, good, bad? Depends on your perspective and your personal situation. To say that FedEx has a stranglehold over its employees is ridiculous. Everyone is free to leave and get that better paying job. Contrary to your experience, I don't see people leaving in droves. You want FedEx to be like UPS but you chastise them for doing the same thing that UPS does with PAC contributions???? Not sure I follow your logic there. There are a lot of employees who are in the position to get a second pension as they've been employed 20+ years. For those just getting hired, they're not losing much if they go work at a better company. I think you need to check both companies financial statements if you believe that FedEx has large cash reserves like UPS. You do realize that FedEx is making about 8 - 9 cents on the dollar? If that's more profitable since adding freight, ground, etc (which it is) then it's probably lucky that executive management had the foresight to acquire those companies. I'd hate to think where we'd be if 8 - 9 cents is better than it would have been. If you believe that FedEx employees would be better off with a union, I'm simply encouraging you to look at everything, get the facts, and remember that everything is negotiated. You could very easily end up with less than you have now. I hope you get satisfaction in whatever you do, just be informed. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
An Appeal To UPSer's From FedEx Drivers
Top