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FedEx Needs To Step UP
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<blockquote data-quote="Fred&#039;s Myth" data-source="post: 4125243" data-attributes="member: 55587"><p>I'll estimate the math.</p><p></p><p>425,000 Express employees. Say 10% management=382,500 hourlies. Say 1 part-timer for every full-timer. $1 per hour raise for minimum hours= just over $10 million per week. Add another $1.5 per week if full employment. Or, in other words, roughly $600 million per year. That's about $.67 per package at current volume. Delete the unknown Amazon volume, and the per package cost rises significantly.</p><p></p><p>96 out of 100 businesses fail within 10 years, especially those who don't advertise (Nascar, Stadiums, Golf tournament, etc.). ALL major corporations compensate their executives excessively. Lobbying (bribing) Congress is a fact of life.</p><p></p><p>Any company that fails to protect its bottom line will eventually fail. Only the Treasury is allowed to print money. Controlling expenses is what responsible companies do.</p><p></p><p>That's the beauty of the American Promise. You are (assumedly) not a prisoner. You are not forced to work for any particular company. You are free to sell your labor to the highest bidder. You are free to relocate to a higher job market. You are free to make the choice of establishing yourself financially before starting a family, buying a new car, buying a house. Blaming an employer for your failure to consider all your options is deflecting.</p></blockquote><p></p>
[QUOTE="Fred's Myth, post: 4125243, member: 55587"] I'll estimate the math. 425,000 Express employees. Say 10% management=382,500 hourlies. Say 1 part-timer for every full-timer. $1 per hour raise for minimum hours= just over $10 million per week. Add another $1.5 per week if full employment. Or, in other words, roughly $600 million per year. That's about $.67 per package at current volume. Delete the unknown Amazon volume, and the per package cost rises significantly. 96 out of 100 businesses fail within 10 years, especially those who don't advertise (Nascar, Stadiums, Golf tournament, etc.). ALL major corporations compensate their executives excessively. Lobbying (bribing) Congress is a fact of life. Any company that fails to protect its bottom line will eventually fail. Only the Treasury is allowed to print money. Controlling expenses is what responsible companies do. That's the beauty of the American Promise. You are (assumedly) not a prisoner. You are not forced to work for any particular company. You are free to sell your labor to the highest bidder. You are free to relocate to a higher job market. You are free to make the choice of establishing yourself financially before starting a family, buying a new car, buying a house. Blaming an employer for your failure to consider all your options is deflecting. [/QUOTE]
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