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COLA raise in October? (Express Only)
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<blockquote data-quote="McFeely" data-source="post: 3725003" data-attributes="member: 60776"><p>Actually, I misspoke. </p><p></p><p>The fact that our increase in pay was 6 mos early was a result of the tax break that we got for 2018 and a PR move to make us look good to the public. Don't get me wrong, 6 mos earlier raise helped my pay a bit so I'm not complaining.</p><p></p><p>The raise itself, of course, would not have happened if the company wasn't profitable. I don't give much faith in FedEx giving us raises just because of inflation/COLA, however. I firmly believe that the only reason we're getting as good of raises (aka the step progression) is because of turnover and the resulting expense in missed on-time guarantees as well as training new people. The company would <em>love</em> to have a ton of $18/hr couriers and have them be brainless robots that follow DRA. Who cares about turnover when DRA is the guide? Turns out, this job doesn't just do itself and it costs the company money to have it done correctly.</p><p></p><p><strong>Here's the $64 million question: </strong>Do you think FedEx will give out raises early again in 2019 when they receive the SAME TAX BREAK as in 2018? How about 2020? 2021?</p></blockquote><p></p>
[QUOTE="McFeely, post: 3725003, member: 60776"] Actually, I misspoke. The fact that our increase in pay was 6 mos early was a result of the tax break that we got for 2018 and a PR move to make us look good to the public. Don't get me wrong, 6 mos earlier raise helped my pay a bit so I'm not complaining. The raise itself, of course, would not have happened if the company wasn't profitable. I don't give much faith in FedEx giving us raises just because of inflation/COLA, however. I firmly believe that the only reason we're getting as good of raises (aka the step progression) is because of turnover and the resulting expense in missed on-time guarantees as well as training new people. The company would [I]love[/I] to have a ton of $18/hr couriers and have them be brainless robots that follow DRA. Who cares about turnover when DRA is the guide? Turns out, this job doesn't just do itself and it costs the company money to have it done correctly. [B]Here's the $64 million question: [/B]Do you think FedEx will give out raises early again in 2019 when they receive the SAME TAX BREAK as in 2018? How about 2020? 2021? [/QUOTE]
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COLA raise in October? (Express Only)
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