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ISP contract with the Company.....
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<blockquote data-quote="MrFedEx" data-source="post: 1039713" data-attributes="member: 12508"><p>I think it's quite possible that Ground drivers will eventually become employees, but that would only be the undoing of the contractors. not Ground itself. If Fred cuts-out the contractors and has to raise pay to $15-$16 per hour, Ground is still viable. He has to buyout the contractors and their vehicles only, since he already owns the facilities. Expensive, but within Fred's means. Of course, he'd like to keep it the way it is, but that might not be possible long-term.</p><p></p><p>FedEx Express has already started the downgrading of employees to Ground level. They are doing their best to eliminate senior employees and have a bunch of $15-$16 per hour PT employees be the bulk of staffing. Benefits are already being slashed, perhaps on their way to being eliminated entirely at some point in the future. </p><p></p><p>It's just like the <em>Forbes </em>article said, that FedEx will lean-out the workforce and pay lower wages to maximize profitability. In other words, Express is moving toward where Ground is and vice versa.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 1039713, member: 12508"] I think it's quite possible that Ground drivers will eventually become employees, but that would only be the undoing of the contractors. not Ground itself. If Fred cuts-out the contractors and has to raise pay to $15-$16 per hour, Ground is still viable. He has to buyout the contractors and their vehicles only, since he already owns the facilities. Expensive, but within Fred's means. Of course, he'd like to keep it the way it is, but that might not be possible long-term. FedEx Express has already started the downgrading of employees to Ground level. They are doing their best to eliminate senior employees and have a bunch of $15-$16 per hour PT employees be the bulk of staffing. Benefits are already being slashed, perhaps on their way to being eliminated entirely at some point in the future. It's just like the [I]Forbes [/I]article said, that FedEx will lean-out the workforce and pay lower wages to maximize profitability. In other words, Express is moving toward where Ground is and vice versa. [/QUOTE]
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