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Pension takeaway
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<blockquote data-quote="MrFedEx" data-source="post: 1139564" data-attributes="member: 12508"><p>I like what both R1a and bbsam said. Even as Fred continues to take, the vast majority of employees sit on their asses waiting to be hand-held to a union card signing table, presented a gold pen, and hand-held away from the table. Although the Teamsters have certainly been of little help, we really have nobody to blame but ourselves. I have been advocating for a union since the mid 90's, and although I hear lots of complaining, when I ask most to sign a card or step-up, they shirk away liked the whipped dogs they are. Collectively, we have stood idly by while Fred has picked our pockets nearly clean and then pissed on us as he walked away. </p><p></p><p>Current employees need to really take a look at exactly what FedEx isn't offering in the PPA/PPP. When you're 20 or even 30, retirement seems light years away, and then Bam!, you are there. Maybe you need to look at R1a's analysis of what you're getting (essentially nothing) and then realize that when you hit your late 40's or 50, what are you going to have in the bank? With the current low pay, how many employees are contributing the max to their 401k? FedEx offers a pathetic match, but Vanguard is an excellent place to invest. I have maxed my 401k since I was eligible, and with the recent run-up in the market, I'm making in the high 4 figures per month off my investments there. </p><p></p><p>While it's true that labor has been "sold out", UPS proves it doesn't have to be that way. Yes, Mr. Smith has built himself an iron house made of RLA and compliant politicians, but if enough lemmings turned away from the cliff, we could still organize and tell this rat bastard to shove his crap sandwich straight up his cheap ass. In fact, we could make him "eat" the sandwich...every last bite. But that requires risk, courage, and effort...none of which seem to be in evidence among the general employee population. They take it in the ass over and over again, hating every minute but unwilling to turn on their oppressor and stick the knife in his ribs. Organizing is a dirty business. Fred plays dirty and always has, so that means playing the game the way he does. </p><p></p><p>Nothing will change until talk turns to action.</p></blockquote><p></p>
[QUOTE="MrFedEx, post: 1139564, member: 12508"] I like what both R1a and bbsam said. Even as Fred continues to take, the vast majority of employees sit on their asses waiting to be hand-held to a union card signing table, presented a gold pen, and hand-held away from the table. Although the Teamsters have certainly been of little help, we really have nobody to blame but ourselves. I have been advocating for a union since the mid 90's, and although I hear lots of complaining, when I ask most to sign a card or step-up, they shirk away liked the whipped dogs they are. Collectively, we have stood idly by while Fred has picked our pockets nearly clean and then pissed on us as he walked away. Current employees need to really take a look at exactly what FedEx isn't offering in the PPA/PPP. When you're 20 or even 30, retirement seems light years away, and then Bam!, you are there. Maybe you need to look at R1a's analysis of what you're getting (essentially nothing) and then realize that when you hit your late 40's or 50, what are you going to have in the bank? With the current low pay, how many employees are contributing the max to their 401k? FedEx offers a pathetic match, but Vanguard is an excellent place to invest. I have maxed my 401k since I was eligible, and with the recent run-up in the market, I'm making in the high 4 figures per month off my investments there. While it's true that labor has been "sold out", UPS proves it doesn't have to be that way. Yes, Mr. Smith has built himself an iron house made of RLA and compliant politicians, but if enough lemmings turned away from the cliff, we could still organize and tell this rat bastard to shove his crap sandwich straight up his cheap ass. In fact, we could make him "eat" the sandwich...every last bite. But that requires risk, courage, and effort...none of which seem to be in evidence among the general employee population. They take it in the ass over and over again, hating every minute but unwilling to turn on their oppressor and stick the knife in his ribs. Organizing is a dirty business. Fred plays dirty and always has, so that means playing the game the way he does. Nothing will change until talk turns to action. [/QUOTE]
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