MassWineGuy
Well-Known Member
Yes, that’s what I would expect to happen.
Still, I’m going back to my former pickup route. And I’m not unhappy about it.
Still, I’m going back to my former pickup route. And I’m not unhappy about it.
My manager tries that about once a year every time pay comes up. He cries about the 2008 era when managers were given a 5% pay cut and it took forever to make it up. I have to keep reminding him that at the same time I was cut from 44 hours/week to 36-37 hours and that was a fawk of a lot more than a 5% pay cut for me. I have never been scheduled to work over 40 hours since then, as they adjusted routes to give others hours.One ops mgr told me that a few years back the company cut mgrs pay about four percent. He said it took two years for him to make up for it. Just how strong is that Kool Aid?
If they ever changed anything with the 401k which is really good btw, that would be more cause for alarm then even a temporary pay freeze.I’d only speculate in times of dire cuts, one could not only speak of no raises. But no 401k match, PPA not being funded. In addition to Managers taking a pay cut.
I’d tend to agree with you. Like hey, we offered you to leave PPA for a higher match a few months ago, and now we can’t fund it all together?!If they ever changed anything with the 401k which is really good btw, that would be more cause for alarm then even a temporary pay freeze.
Really only need to do 6% to get the full company match, unless I’m remembering incorrectly. But I’d agree that most young/new hires don’t even do 6% so it’s saving the company money.That’s good but still doubt many young folks under 30 are maxing out,too concerned about having a flashy ride etc
If it’s too good of a deal for FedEx employees, it’ll come to an abrupt end. Fat Freddy will see to that.Yeah you put in 6 percent and they match 8, so they are matching over 100 percent dollar for dollar, which isn't very common and not bad at all as far as 401ks go.
We've lost about 20% of our couriers since the start of the fiscal year. They won't let us replace any of them but for some weird reason they forced our management to hire some casuals. It's taking forever for them to get the training they need so they are almost useless to us at this point. Now that peak is over I'm sure they will be the first ones sent home every day which will likely cause them to quit when they realize they have to show up every day and not get any hours.
I kept the PPA option for now so I’ve forgotten the details.