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<blockquote data-quote="vantexan" data-source="post: 717204" data-attributes="member: 24302"><p>If wages are at $50hr 10 years from now it'll be due to high inflation. If inflation continues as is wages most likely will be closer to $35hr if that much. I think most UPS employees realize there must be a balance between wages and profits to keep their company healthy. A healthy company means continued well paid employment. It may have taken a couple of strikes to get there, but from this outsider's view it appears to be working. One thing I don't think FedEx gets...higher pay translates into happy career employees. FedEx seems to think they can maintain profits with high turnover. When the long time employees are gone I think they will see much higher turnover as newhires soon realize there's no future there. I'm seeing some of that now but the company still has a core of long time employees who have either already earned a 20 something year pension or like me are stuck, being older in a bad economy. We'll all be gone soon enough, and appears the company thinks they can continue to attract new people by raising starting pay. And if they leave in say 5 years, not much harm done, the portable pension payout for a relative few years is minimal, and a cheaper newhire can save them some bucks on payroll. A union will certainly throw a monkeywrench into their plans. The thing is word will get around, especially with the internet, and it'll be hard to find enough people, let alone quality people, to deliver all those pkgs. I remember many years ago that UPS had a terrible reputation as an employer and FedEx was the place to be. What the hell happened?</p></blockquote><p></p>
[QUOTE="vantexan, post: 717204, member: 24302"] If wages are at $50hr 10 years from now it'll be due to high inflation. If inflation continues as is wages most likely will be closer to $35hr if that much. I think most UPS employees realize there must be a balance between wages and profits to keep their company healthy. A healthy company means continued well paid employment. It may have taken a couple of strikes to get there, but from this outsider's view it appears to be working. One thing I don't think FedEx gets...higher pay translates into happy career employees. FedEx seems to think they can maintain profits with high turnover. When the long time employees are gone I think they will see much higher turnover as newhires soon realize there's no future there. I'm seeing some of that now but the company still has a core of long time employees who have either already earned a 20 something year pension or like me are stuck, being older in a bad economy. We'll all be gone soon enough, and appears the company thinks they can continue to attract new people by raising starting pay. And if they leave in say 5 years, not much harm done, the portable pension payout for a relative few years is minimal, and a cheaper newhire can save them some bucks on payroll. A union will certainly throw a monkeywrench into their plans. The thing is word will get around, especially with the internet, and it'll be hard to find enough people, let alone quality people, to deliver all those pkgs. I remember many years ago that UPS had a terrible reputation as an employer and FedEx was the place to be. What the hell happened? [/QUOTE]
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