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FedEx Discussions
FedEx to give employees bonuses, raises, 401k
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<blockquote data-quote="!Retired!" data-source="post: 3330650" data-attributes="member: 24309"><p>Agreed.....but, that goes for every job, no matter how much you make.</p><p></p><p>Yup....I wouldn't expect another raise in October, even though that money was already budgeted for separate from the extra money FedEx got from the new tax plan. </p><p></p><p>The way I read it, we will get a raise in April '18 (just hope it's at least a step progression raise), no raise October '18 and the next in October '19. So, the company is giving us a bonus in the form of</p><p>(your new hourly rate - your old hourly rate) X 35 (min pay) hrs X 24 weeks.</p></blockquote><p></p>
[QUOTE="!Retired!, post: 3330650, member: 24309"] Agreed.....but, that goes for every job, no matter how much you make. Yup....I wouldn't expect another raise in October, even though that money was already budgeted for separate from the extra money FedEx got from the new tax plan. The way I read it, we will get a raise in April '18 (just hope it's at least a step progression raise), no raise October '18 and the next in October '19. So, the company is giving us a bonus in the form of (your new hourly rate - your old hourly rate) X 35 (min pay) hrs X 24 weeks. [/QUOTE]
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FedEx to give employees bonuses, raises, 401k
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