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FedEx Discussions
No Raise this Year?
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<blockquote data-quote="Throwaway7757731" data-source="post: 2337937" data-attributes="member: 64038"><p>This is what I got today. October 2016 Pay Actions. Implementing the Step Progression plan. As we communicated last year, FedEx Express will implement a step progression pay plan for hourly pay codes 7I and above in October 2016. The first increases from the new plan will be effective oct 2nd and be reflected in your oct 14th paycheck. All employees will receive at least a 3% increase this year, including employees at top of the range. A step progression pay plan creates a regular schedule of raises. Pay rates increase with time-in-the-job as you move through your pay range. Step progression will reduce the amount of time it takes to reach the maximum of your pay range. The next half of the paper is Estimating October Increases which I don't feel like typing out. [MEDIA=imgur]a/TfPJs[/MEDIA]<img src="http://imgur.com/a/TfPJs" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="Throwaway7757731, post: 2337937, member: 64038"] This is what I got today. October 2016 Pay Actions. Implementing the Step Progression plan. As we communicated last year, FedEx Express will implement a step progression pay plan for hourly pay codes 7I and above in October 2016. The first increases from the new plan will be effective oct 2nd and be reflected in your oct 14th paycheck. All employees will receive at least a 3% increase this year, including employees at top of the range. A step progression pay plan creates a regular schedule of raises. Pay rates increase with time-in-the-job as you move through your pay range. Step progression will reduce the amount of time it takes to reach the maximum of your pay range. The next half of the paper is Estimating October Increases which I don't feel like typing out. [MEDIA=imgur]a/TfPJs[/MEDIA][IMG]http://imgur.com/a/TfPJs[/IMG] [/QUOTE]
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