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Anyone see official Buyout letter today ?
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<blockquote data-quote="Ricochet1a" data-source="post: 1008496" data-attributes="member: 22880"><p>May I ask, why do you believe that the system instituted in March of 2012 will continue in force after that date?</p><p></p><p>Is there a screen in PRISM, that states pay raises for wage employees based on progression?</p><p></p><p>With the threat of unionization gone from Express (it wasn't back when they cooked up the 2012 raises back in January), why do you think those at 50%+ progression will get anything above anyone else?</p><p></p><p>Companies that have pulled out the guillotine DON'T go around and start offering pay raises to everyone that is left. Wage employees aren't at the chopping block, but take a "step back" and look at things from the perspective of the salaried staff employees (not trying to get one to shed tears for them, but take a realistic look at the HR implications of what is happening). </p><p></p><p>If Express does offer the wage employees anything above a 3% raise, AFTER chopping salaried staff and presumably holding their compensaton back - what will the salaried employees do? What risks does FedEx face from "discontented" salaried employees who feel that THEY are getting the screwing this time around? FedEx is still feeling the fury of chopping the pension plan back 4 years ago. They only dare tread so far - they know that they had not better not alienate those in a position to REALLY screw things up should they feel "slighted".</p></blockquote><p></p>
[QUOTE="Ricochet1a, post: 1008496, member: 22880"] May I ask, why do you believe that the system instituted in March of 2012 will continue in force after that date? Is there a screen in PRISM, that states pay raises for wage employees based on progression? With the threat of unionization gone from Express (it wasn't back when they cooked up the 2012 raises back in January), why do you think those at 50%+ progression will get anything above anyone else? Companies that have pulled out the guillotine DON'T go around and start offering pay raises to everyone that is left. Wage employees aren't at the chopping block, but take a "step back" and look at things from the perspective of the salaried staff employees (not trying to get one to shed tears for them, but take a realistic look at the HR implications of what is happening). If Express does offer the wage employees anything above a 3% raise, AFTER chopping salaried staff and presumably holding their compensaton back - what will the salaried employees do? What risks does FedEx face from "discontented" salaried employees who feel that THEY are getting the screwing this time around? FedEx is still feeling the fury of chopping the pension plan back 4 years ago. They only dare tread so far - they know that they had not better not alienate those in a position to REALLY screw things up should they feel "slighted". [/QUOTE]
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Anyone see official Buyout letter today ?
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