Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
The Competition
FedEx Discussions
Pay Raises are now Official
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="SmithBarney" data-source="post: 951849" data-attributes="member: 709"><p>Yes its a flat 3% across the board, then depending on where you end up(what percentile) you get the additional percentile.</p><p>So the middle of the roaders essentially get a bonus, while the bottom and ever the top get screwed.</p><p></p><p>Here is a fun 5 year chart using estimations based on variable market levels using 2012 pay actions.(3% year over year)</p><p>(my midrange # are off since the math changes as they cross percentiles)</p><p>Year Bottom-Top (Differential) -Mid range(5%)</p><p>2012 15.00 22.00 (7.00) 20.00</p><p>2013 15.45 22.66 (7.21) 21.00</p><p>2014 15.91 23.34 (7.43) 22.05</p><p>2015 16.39 24.04 (7.65) 23.15</p><p>2016 16.88 24.76 (7.88) 24.31</p><p></p><p>Moral of the story, you will never top out if you are in the bottom, and you'll still be in the same percentile.</p><p></p><p>They toyed around with the idea of real performance based bonuses, I think they should go for it.</p><p>Meaning say you hit you VAN/POD compliance goals you get $X, if you hit 100% you get X</p><p>Reward drivers who go out with more stops, there are plenty of guys who skate at the many stations</p><p>I've been at, it might encourage them to work harder, or at the very least let those who are hungry for </p><p>more $$, go after it.</p></blockquote><p></p>
[QUOTE="SmithBarney, post: 951849, member: 709"] Yes its a flat 3% across the board, then depending on where you end up(what percentile) you get the additional percentile. So the middle of the roaders essentially get a bonus, while the bottom and ever the top get screwed. Here is a fun 5 year chart using estimations based on variable market levels using 2012 pay actions.(3% year over year) (my midrange # are off since the math changes as they cross percentiles) Year Bottom-Top (Differential) -Mid range(5%) 2012 15.00 22.00 (7.00) 20.00 2013 15.45 22.66 (7.21) 21.00 2014 15.91 23.34 (7.43) 22.05 2015 16.39 24.04 (7.65) 23.15 2016 16.88 24.76 (7.88) 24.31 Moral of the story, you will never top out if you are in the bottom, and you'll still be in the same percentile. They toyed around with the idea of real performance based bonuses, I think they should go for it. Meaning say you hit you VAN/POD compliance goals you get $X, if you hit 100% you get X Reward drivers who go out with more stops, there are plenty of guys who skate at the many stations I've been at, it might encourage them to work harder, or at the very least let those who are hungry for more $$, go after it. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
The Competition
FedEx Discussions
Pay Raises are now Official
Top