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Labor shortage concern at Fedex
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<blockquote data-quote="Basement Dweller" data-source="post: 4920065" data-attributes="member: 90653"><p>10 years ago you were paid top dollar for a basic out of high school job ($13 an hour when most places were min wage). The work was absolutely worth it. Not so much anymore. For people who just care about wages, would you pick groceries in a controlled environment or sweat/freeze away while breaking your back for the same pay? Before Covid bailed Fedex, shift weren't longer than 4-6 hours unless you load planes, so part time gigs were comfortable to most people. Now it's 10-12 hours for everyone as several late flights land one hour late.</p><p></p><p></p><p>That is never going to happen, proper staffing that is. My Senior Manager said people are lining up to work because unemployment benefits ended for the state. Before that he said people are lining up to work because mask mandates ended. Instead the opposite is happening, as long time employees are dropping out and their positions are not getting filled by actual employees but temps some of which just have a work visa and just thankful to have any job. Turnover is never going to go down until freight goes down, but the push for more volume coensides with stock price, any time it drops below $300 results in a 30% volume increase for that day.</p></blockquote><p></p>
[QUOTE="Basement Dweller, post: 4920065, member: 90653"] 10 years ago you were paid top dollar for a basic out of high school job ($13 an hour when most places were min wage). The work was absolutely worth it. Not so much anymore. For people who just care about wages, would you pick groceries in a controlled environment or sweat/freeze away while breaking your back for the same pay? Before Covid bailed Fedex, shift weren't longer than 4-6 hours unless you load planes, so part time gigs were comfortable to most people. Now it's 10-12 hours for everyone as several late flights land one hour late. That is never going to happen, proper staffing that is. My Senior Manager said people are lining up to work because unemployment benefits ended for the state. Before that he said people are lining up to work because mask mandates ended. Instead the opposite is happening, as long time employees are dropping out and their positions are not getting filled by actual employees but temps some of which just have a work visa and just thankful to have any job. Turnover is never going to go down until freight goes down, but the push for more volume coensides with stock price, any time it drops below $300 results in a 30% volume increase for that day. [/QUOTE]
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