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<blockquote data-quote="vantexan" data-source="post: 4001871" data-attributes="member: 24302"><p>In previous threads some were talking as if FedEx was going to give top out a raise or bonus every year too. I've pointed out that in years past they gave bigger raises to topped out couriers while giving minimal to midrange. Instead of catching top out midrange was falling behind. Result was a huge amount of turnover. Then FedEx came up with a new pay plan to address this. It's always been their MO in the past to take from other groups when they gave to a particular group. Don't expect any different this time. But some here have been saying FedEx will give top out a COLA. Last year instead of a raise they gave topped out a bonus. This year they're not happy about their numbers. Doubtful they'll give a bonus this year. And people need to realize with this new plan people are getting a generous raise every year to get them to top out. To expect FedEx to give them a COLA on top of that to keep up with inflation, essentially 9% or more a year, is an awfully high expectation from a company that historically has been extremely tight fisted. And when you hit top out you're topped out. If you get anything at all it'll be a bonus. And the company has no obligation to pay a bonus and when things get tight it's almost 100% guaranteed that you won't get one. I was surprised after more than a decade of crap raises for midrange that people here were talking as if FedEx suddenly became very generous with pay and COLA's. Either they hadn't gone through all the lean times or they have a lot of faith in the company to do right by them. The only reason the company is being more generous now is turnover. If people weren't quitting in droves, content with pay, highly doubtful the company would have created this new pay plan.</p></blockquote><p></p>
[QUOTE="vantexan, post: 4001871, member: 24302"] In previous threads some were talking as if FedEx was going to give top out a raise or bonus every year too. I've pointed out that in years past they gave bigger raises to topped out couriers while giving minimal to midrange. Instead of catching top out midrange was falling behind. Result was a huge amount of turnover. Then FedEx came up with a new pay plan to address this. It's always been their MO in the past to take from other groups when they gave to a particular group. Don't expect any different this time. But some here have been saying FedEx will give top out a COLA. Last year instead of a raise they gave topped out a bonus. This year they're not happy about their numbers. Doubtful they'll give a bonus this year. And people need to realize with this new plan people are getting a generous raise every year to get them to top out. To expect FedEx to give them a COLA on top of that to keep up with inflation, essentially 9% or more a year, is an awfully high expectation from a company that historically has been extremely tight fisted. And when you hit top out you're topped out. If you get anything at all it'll be a bonus. And the company has no obligation to pay a bonus and when things get tight it's almost 100% guaranteed that you won't get one. I was surprised after more than a decade of crap raises for midrange that people here were talking as if FedEx suddenly became very generous with pay and COLA's. Either they hadn't gone through all the lean times or they have a lot of faith in the company to do right by them. The only reason the company is being more generous now is turnover. If people weren't quitting in droves, content with pay, highly doubtful the company would have created this new pay plan. [/QUOTE]
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