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The Competition
FedEx Discussions
FedEx to give employees bonuses, raises, 401k
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<blockquote data-quote="Oldfart" data-source="post: 3455574" data-attributes="member: 64407"><p>According to Fortune Magazine. 9% of Fortune 500 companies pay 100% of employees healthcare cost. For those that don't have a calculator handy, that is 45 companies. In 2001, 31% paid 100%. The average premium went up 4% this year. Insurance cost are not isolated to Fedex. Many companies are dropping a spouse if their job offers healthcare. Fedex has not started that YET. You never know what the future will bring. Now that Fedex is giving retirees a cash payout to buy their own insurance and not paying a portion of the premium, I am sure many other changes are on the horizon.</p></blockquote><p></p>
[QUOTE="Oldfart, post: 3455574, member: 64407"] According to Fortune Magazine. 9% of Fortune 500 companies pay 100% of employees healthcare cost. For those that don't have a calculator handy, that is 45 companies. In 2001, 31% paid 100%. The average premium went up 4% this year. Insurance cost are not isolated to Fedex. Many companies are dropping a spouse if their job offers healthcare. Fedex has not started that YET. You never know what the future will bring. Now that Fedex is giving retirees a cash payout to buy their own insurance and not paying a portion of the premium, I am sure many other changes are on the horizon. [/QUOTE]
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FedEx to give employees bonuses, raises, 401k
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