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<blockquote data-quote="beentheredonethat" data-source="post: 1017563" data-attributes="member: 4886"><p>TechGrrl, Really? how many employees don't get paid? The more a company can reduce it's cost, the more profit it has to grow the business. Jim Casey did quite well for himself back in the early 1900's. He could have taken those profits and paid his employees more and rest on his laurels, keeping a tidy sum for himself to live comfortably. Instead, he reinvested profit of his company and expanded. He reinvested and reinvested all the while paying his employees a good wage. If he didn't keep his overhead low, he would not have had the profit to do this. So.. do you think Jim Casey is wrong? Should he just paid his employees a bit more way back then and not have expanded? </p><p></p><p>I don't get why people get upset when their company makes a profit. Profit is good. I'd much rather work for a company that makes a profit then for one that loses money. Am I in favor of CEO's making ten's of millions of dollars? NO.. Do I like how Scott's total pay has gone up in the last few years? No. However, keep this in mind, we pay our drivers the highest rate in the industry. After the raises Scott has had, he still is no where near the highest paid CEO of a fortune 500 company. </p><p></p><p>The UAW member made a great pay rate for many years. However, their pay rate, and poor management dragged down the auto industry. The thought was, what will the consumer do, they only have a choice of 3 companies all with bad management all with UAW employees. Then what happened, they got competition and they are hurting. Tens of thousands of employees were let go. The pay rate is not as good as it was, the pension they had is reduced. </p><p></p><p>Yet, it seems many in the teamsters don't want to learn the lesson of the UAW. FDX is a good company. They offer good services. They have been growing at a much faster rate then UPS. They had revenue of 42 billion dollars last fiscal year. UPS had 53 Billion dollars in revenue the last fiscal year. FDX drivers don't make the same amount of money that a UPS driver makes. (Especially their ground contract drivers). Somehow, people want to deny it.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1017563, member: 4886"] TechGrrl, Really? how many employees don't get paid? The more a company can reduce it's cost, the more profit it has to grow the business. Jim Casey did quite well for himself back in the early 1900's. He could have taken those profits and paid his employees more and rest on his laurels, keeping a tidy sum for himself to live comfortably. Instead, he reinvested profit of his company and expanded. He reinvested and reinvested all the while paying his employees a good wage. If he didn't keep his overhead low, he would not have had the profit to do this. So.. do you think Jim Casey is wrong? Should he just paid his employees a bit more way back then and not have expanded? I don't get why people get upset when their company makes a profit. Profit is good. I'd much rather work for a company that makes a profit then for one that loses money. Am I in favor of CEO's making ten's of millions of dollars? NO.. Do I like how Scott's total pay has gone up in the last few years? No. However, keep this in mind, we pay our drivers the highest rate in the industry. After the raises Scott has had, he still is no where near the highest paid CEO of a fortune 500 company. The UAW member made a great pay rate for many years. However, their pay rate, and poor management dragged down the auto industry. The thought was, what will the consumer do, they only have a choice of 3 companies all with bad management all with UAW employees. Then what happened, they got competition and they are hurting. Tens of thousands of employees were let go. The pay rate is not as good as it was, the pension they had is reduced. Yet, it seems many in the teamsters don't want to learn the lesson of the UAW. FDX is a good company. They offer good services. They have been growing at a much faster rate then UPS. They had revenue of 42 billion dollars last fiscal year. UPS had 53 Billion dollars in revenue the last fiscal year. FDX drivers don't make the same amount of money that a UPS driver makes. (Especially their ground contract drivers). Somehow, people want to deny it. [/QUOTE]
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