With all the talk recently on wages and benefits, I was thinking about the last major corp. that I work at. Wow! employed from `86 to `05 Large publicly traded, multi national semiconductor mfg. Non-union except for operations in Italy. Very good major medical, dental and vision at a reasonable cost and ded's. I started as a production operator (entry level) at near nothing. 4.42 an hour, within 6 months I was making $8 and change. Promote from within company ranks based on skills and knowledge. At the 5 year mark I was near $15 and hour as a QA tech. Still a grunt for the most part. Profit sharing like I have never seen else where. It started w/ a monthly bonus check that could be equal to or greater than a months wages. Some times there were no profits so no bonus. You made sure that next month or qtr. was different. Eventually went to qtr payments at same % of profits (weather Wall St liked it or not) Stock options for all employees. Of course they were tiered base on time of service and pay level, but this created an employee owner work place. With discounted stock vesting over 5 years, folks worked hard and stuck around. Sure the CEO and top management benefited the most as with all options programs. But I was not complaining. Raises: I don't think I ever saw a raise of less than 10%yr. I can remember some years with promotions that were closer to 25%. When I left to start my own business my base salary as a non-degreed engineer/supervisor was in the 6 figures before stock options or profit sharing. FedEx will never come close nor have the employee loyalty of other major companies. end of rant!