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FedEx Portable Pension Plan Sucks vs. UPS Plan
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<blockquote data-quote="MrFedEx" data-source="post: 285139" data-attributes="member: 12508"><p>This is a good forum for FedEx people because our jobs are most comparable with yours. A lot of our issues with management are the same as yours as well.Unlike UPS, we have little to no capacity to fight back. In short, I try to highlight the shortcomings of our compensation by comparing them with your excellent programs. My hope is to try and get FedEx people to see how they are being short-changed and to encourage a move toward unionization. This is an excellent, well-run site that gets a lot of hits, including FedEx people from both the Ground and Express sides. We don't have a similar site, although I have approached your webmaster about a "Purple Cafe" concept. I really do think that us being Teamsters would also help UPS labor be a stronger presence. The fact that FedEx Ground has taken away a fair share of your ground business should be of concern to you as well. As long as FedEx can take advantage of their contractors the way they do, FedEx wins and you lose.</p><p> </p><p> They have not given us concrete figures as to how much our monthly benefits will rise proportionately over time.The enhanced 401k is better than nothing, but how does that compare to the loss of a true pension program? The old program was cheap, and this one is much worse. It's just the latest take-away in a long list of give-backs to FedEx management.</p><p> </p><p>I'm sorry if I've offended any of you with my concerns....I just think we're in the same boat. Whenever I see your trucks headed-back to the station at 8pm, or still stuffed full at 1000 am,I know you're going through the same crap we are. At least you get paid fairly for what you do...we don't.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 285139, member: 12508"] This is a good forum for FedEx people because our jobs are most comparable with yours. A lot of our issues with management are the same as yours as well.Unlike UPS, we have little to no capacity to fight back. In short, I try to highlight the shortcomings of our compensation by comparing them with your excellent programs. My hope is to try and get FedEx people to see how they are being short-changed and to encourage a move toward unionization. This is an excellent, well-run site that gets a lot of hits, including FedEx people from both the Ground and Express sides. We don't have a similar site, although I have approached your webmaster about a "Purple Cafe" concept. I really do think that us being Teamsters would also help UPS labor be a stronger presence. The fact that FedEx Ground has taken away a fair share of your ground business should be of concern to you as well. As long as FedEx can take advantage of their contractors the way they do, FedEx wins and you lose. They have not given us concrete figures as to how much our monthly benefits will rise proportionately over time.The enhanced 401k is better than nothing, but how does that compare to the loss of a true pension program? The old program was cheap, and this one is much worse. It's just the latest take-away in a long list of give-backs to FedEx management. I'm sorry if I've offended any of you with my concerns....I just think we're in the same boat. Whenever I see your trucks headed-back to the station at 8pm, or still stuffed full at 1000 am,I know you're going through the same crap we are. At least you get paid fairly for what you do...we don't. [/QUOTE]
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