DRAisawesome
Well-Known Member
I think you guys may have hit on this. I haven't been watching my checks close. We didn't get right?
Purple promise payout?
- Thread starter DRAisawesome
- Start date
MAKAVELI
Well-Known Member
You wouldn't have noticed it anyway.
Operational needs
Virescit Vulnere Virtus
My manager has told us we will definitely not be getting a payout.
I also asked him about the raises, as recently as last week. He's pretty on top of stuff and said he has heard nothing.
DRAisawesome
Well-Known Member
Thanks. Yes it's really not much to notice. I'm sure they are calculating a nice sized raids for everyone. I mean the stock is at an all time high. That will equate to no raise because we do not want ruin the momentum for Wall Street.
Cactus
Just telling it like it is
And of course the customer loses too.
Customer???? We don't care about no stinking customer.....When was the last time you heard anything about keeping our customers happy? It's always about keeping the share holders happy!
hypo hanna
Well-Known Member
Not all customers are created equal. Amazon, Apple and the big pharmacy shippers are to be taken care of at all cost. The packages of small companies or private shippers.... Tuff luck.
Cactus
Just telling it like it is
Including the ones that ship illegal drugs. "Hey, we need that volume."
MrFedEx
Engorged Member
Management fails miserably (except for stock prices), and they get a bonus. We are set-up to fail, do what we can with the
hand we are dealt, and then they act like it's our fault. Typical.It's Obama's fault.
Then he is not on top as much as you think he is. Its was announced to us last week that there will be an announcement coming soon about the upcoming pay action. Or no action.
hypo hanna
Well-Known Member
Company realized a 6.17% profit margin last quarter. Hasn't been that high since 2007.
http://ycharts.com/companies/FDX/profit_margin
So yea, expect another song and dance about how we are "struggling with these trying economic headwinds, blah blah, Fuel cost, blah blah, health care, blah, labor a big expense, blah blah blah, volume shifting to other streams, blah blah". But because we value our employees so much, here is another anemic 2% cost of living increase. (Never mind that the COL is hitting 4% in many areas).
http://ycharts.com/companies/FDX/profit_margin
So yea, expect another song and dance about how we are "struggling with these trying economic headwinds, blah blah, Fuel cost, blah blah, health care, blah, labor a big expense, blah blah blah, volume shifting to other streams, blah blah". But because we value our employees so much, here is another anemic 2% cost of living increase. (Never mind that the COL is hitting 4% in many areas).
Cactus
Just telling it like it is
And one of Fred's favorites, "the softening of the market in China." Blah, blah, blah.
MrFedEx
Engorged Member
Expect van to come on here and tell all of us why FedEx cannot afford any payouts, especially a raise. Kool-Aid, the preferred beverage of Jim Jones, the clueless, and Frederick Weasel Smith.
Why would I do that? But if it'll make you happy, I'd be surprised to see a raise if the Feds actually force that big a fine on them. And if that issue is unresolved by October, I wouldn't be surprised to see raises reduced or canceled as long as that issue is hanging over them.
