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No Raise this Year?
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<blockquote data-quote="FedexCares" data-source="post: 2352874" data-attributes="member: 50129"><p>I think you guys are thinking about market level increases incorrectly, at least in my experience. About a year ago, my station went up 2 market levels, from 16.05 starting pay to 18.27 start for new hires. That's a 2+ dollar increase, so you would think all couriers at the station would get this 2+ dollars added to their pay rate for the market level increase. This is not what Fedex did though. They gave everyone a flat 3.3% increase for the two market levels (no idea how they arrived at this number) which ended up being about a 65 cent raise for me, since I was about a 1.50 over the 16.05 base pay rate when the 2 market level increase hit. Thus, after the market level increases, I went to being just barely over new-hire pay rate again, and the only reason I was over new high rate is because they did the market levels increase at the same time as we got the 6% raise, so that was enough to get me into the mid 18$ an hour, and so im about 40-50 cents over a new hire now when I was about a 1.50 over a fresh newbie. </p><p></p><p>Long story short, market level increases are nice, but have never been as good as most people here think I dont believe.</p></blockquote><p></p>
[QUOTE="FedexCares, post: 2352874, member: 50129"] I think you guys are thinking about market level increases incorrectly, at least in my experience. About a year ago, my station went up 2 market levels, from 16.05 starting pay to 18.27 start for new hires. That's a 2+ dollar increase, so you would think all couriers at the station would get this 2+ dollars added to their pay rate for the market level increase. This is not what Fedex did though. They gave everyone a flat 3.3% increase for the two market levels (no idea how they arrived at this number) which ended up being about a 65 cent raise for me, since I was about a 1.50 over the 16.05 base pay rate when the 2 market level increase hit. Thus, after the market level increases, I went to being just barely over new-hire pay rate again, and the only reason I was over new high rate is because they did the market levels increase at the same time as we got the 6% raise, so that was enough to get me into the mid 18$ an hour, and so im about 40-50 cents over a new hire now when I was about a 1.50 over a fresh newbie. Long story short, market level increases are nice, but have never been as good as most people here think I dont believe. [/QUOTE]
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