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FedEx Discussions
Pathetic Purple FPP Payout
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<blockquote data-quote="Washu234" data-source="post: 668993" data-attributes="member: 10258"><p>Fedex Hour Employees received a "Frontline Performance Pay" of approximately 1% based on hours worked in December (or something like that). </p><p></p><p>Essentially its a christmas bonus. It usually comes as the PPP or Purple Promise Payout. Last year it was more of a fixed amount that was supposed to be disbursed every 6 months. When the recession hit the company hard they suspended the performance payout.</p><p></p><p>Word is hourly employees used to get a lot more of a 'bonus' each year but has been taken away along with a lot of other cuts. </p><p></p><p>I know its easy to hate FedEx. Its a push and pull with management and recently its been a lot more take then give. I don't fault MrFedEx for being angry, he's never posted a lie here. </p><p></p><p>Its important to remember - this is a huge company. $1 for every employee means $290,000 off the bottom line. Sucks but we're in the business of making money. Best bet for wealth? Start your own business.</p></blockquote><p></p>
[QUOTE="Washu234, post: 668993, member: 10258"] Fedex Hour Employees received a "Frontline Performance Pay" of approximately 1% based on hours worked in December (or something like that). Essentially its a christmas bonus. It usually comes as the PPP or Purple Promise Payout. Last year it was more of a fixed amount that was supposed to be disbursed every 6 months. When the recession hit the company hard they suspended the performance payout. Word is hourly employees used to get a lot more of a 'bonus' each year but has been taken away along with a lot of other cuts. I know its easy to hate FedEx. Its a push and pull with management and recently its been a lot more take then give. I don't fault MrFedEx for being angry, he's never posted a lie here. Its important to remember - this is a huge company. $1 for every employee means $290,000 off the bottom line. Sucks but we're in the business of making money. Best bet for wealth? Start your own business. [/QUOTE]
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