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FedEx Discussions
FedEx mounts big-money push to head off unionization by US workers
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<blockquote data-quote="vantexan" data-source="post: 4334449" data-attributes="member: 24302"><p>What are they grossing these days? Awhile back it was close to $60 Billion with almost half going to payroll. They have other fixed expenses too, like fuel. Jet fuel isn't cheap. So they pull out how much in profit? They're going to spend some of that profit on dividends. Some will be spent on acquisitions. Whatever they spend it on there won't be anywhere near enough to give you the kind of pay and benefits you want. A couple billion won't go nearly far enough when you have several hundred thousand employees or however many there are. You want to believe the worst because their poor behavior in the past reinforces that. But math is math. Show me the money.</p></blockquote><p></p>
[QUOTE="vantexan, post: 4334449, member: 24302"] What are they grossing these days? Awhile back it was close to $60 Billion with almost half going to payroll. They have other fixed expenses too, like fuel. Jet fuel isn't cheap. So they pull out how much in profit? They're going to spend some of that profit on dividends. Some will be spent on acquisitions. Whatever they spend it on there won't be anywhere near enough to give you the kind of pay and benefits you want. A couple billion won't go nearly far enough when you have several hundred thousand employees or however many there are. You want to believe the worst because their poor behavior in the past reinforces that. But math is math. Show me the money. [/QUOTE]
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FedEx mounts big-money push to head off unionization by US workers
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