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FedEx Discussions
Premiums Rise= More Profit for Fred
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<blockquote data-quote="fdxsux" data-source="post: 885271" data-attributes="member: 36946"><p>Whether its an increase in premiums, a decrease in benefits, or both its a decrease in our overall compensation. Fedex is is always reminding us that our compensation is not only our hourly wage but also all the benefits we receive. This is true. So every time they increase our benefits or decrease the premiums (never) its an <strong>increase</strong> in compensation. Every time they decrease benefits or increase the premiums (every year) its a <strong>decrease</strong> in compensation. Deductible goes up, decrease in compensation. Copay goes up, decrease in compensation. Out of pocket max goes up decrease in compensation. Traditional pension changes to portable pension, decrease in compensation. By the time its all said and done the employees end up subsidizing if not completely paying for our merit increases each year.</p></blockquote><p></p>
[QUOTE="fdxsux, post: 885271, member: 36946"] Whether its an increase in premiums, a decrease in benefits, or both its a decrease in our overall compensation. Fedex is is always reminding us that our compensation is not only our hourly wage but also all the benefits we receive. This is true. So every time they increase our benefits or decrease the premiums (never) its an [b]increase[/b] in compensation. Every time they decrease benefits or increase the premiums (every year) its a [b]decrease[/b] in compensation. Deductible goes up, decrease in compensation. Copay goes up, decrease in compensation. Out of pocket max goes up decrease in compensation. Traditional pension changes to portable pension, decrease in compensation. By the time its all said and done the employees end up subsidizing if not completely paying for our merit increases each year. [/QUOTE]
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