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2005-02-06 17:30:11
United Press International
FedEx pilots union prevents members voting
MEMPHIS, Jun 02, 2005 (United Press International via COMTEX) -- Leaders of the pilots union for Memphis-based FedEx Corp. let a deadline to vote on a contract offer expire, saying it doesn't address their main concerns.
The proposals included more than $500 million in raises and signing bonuses, but a union spokesman said members were worried about work rules, job security, retirement security and healthcare issues, the Memphis Commercial Appeal reported Thursday.
Union leaders did not give members an opportunity to vote on the proposal, which would have raised the average pilot's pay to $200,000 by 2010, FedEx said. The average FedEx pilot currently earns $175,817 and its most senior captain works 11 days per month.
The sides have been negotiating since March 2004. Negotiations are to resume in the week of June 13.
Copyright 2005 by United Press International.
Life must be rough working a whopping 11 days a month for $175,000 per year...
United Press International
FedEx pilots union prevents members voting
MEMPHIS, Jun 02, 2005 (United Press International via COMTEX) -- Leaders of the pilots union for Memphis-based FedEx Corp. let a deadline to vote on a contract offer expire, saying it doesn't address their main concerns.
The proposals included more than $500 million in raises and signing bonuses, but a union spokesman said members were worried about work rules, job security, retirement security and healthcare issues, the Memphis Commercial Appeal reported Thursday.
Union leaders did not give members an opportunity to vote on the proposal, which would have raised the average pilot's pay to $200,000 by 2010, FedEx said. The average FedEx pilot currently earns $175,817 and its most senior captain works 11 days per month.
The sides have been negotiating since March 2004. Negotiations are to resume in the week of June 13.
Copyright 2005 by United Press International.
Life must be rough working a whopping 11 days a month for $175,000 per year...