You might want to allow for the very real possibility of deflation. And I pretty certain I didn't average 4% over the last 7 years. While the current plan stinks, the choice between it and what we've been getting lately makes it at least a plan with results. I'm not worried about them doing better than this because I know it's not going to happen. I'm concerned about them sticking with it instead of pulling the rug out yet again. Sucks for newer couriers, but for me if I can get some 5 and 6% raises I'd finally be up to enough to sock away some money. I want them to know that if they back out of this I will make it my life's work to let as many people know as possible that FedEx is a bad deal and should only be considered for employment if nothing else is available. I don't see much point in trying to scare people already working for FedEx into quitting because where are they going to go. But if the B.S. continues, and most likely it will, I'd be remiss to not warn others. We deserve better than what we have gotten, and are getting. If it continues, FedEx needs to face consequences for messing with the lives of so many people who've given so much and got little in return.
Deflation will never happen. The national debt is too large and they are printing money to keep the economy afloat. Check out "quantative easing" and get back to me on the possibility of deflation. The only thing keeping US inflation in relative check right now is the European meltdown (investors are fleeing to the dollar). Once they finally kick Greece out of the Euro, Italy and Spain get their house in order, then US inflation will kick into high gear as the dollar is sold off for Euros.
Last year you were breathing fire about "if FedEx doesn't give us a decent pay raise, I'll............."
Well guess what, they didn't give you a decent pay raise. What are you doing about it?
So you're going to let people know that FedEx is a rotten outfit to work for.
Fred is shaking in his boots.
So how you go about getting what "you deserve".
You organize.
That is how you let Fred know that FedEx is a bum deal.
Idle threats never cause Fred any loss of sleep. The possibility of 15,000 signed union representation cards gives Fred nightmares.