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FedEx Discussions
Raises for 2019
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<blockquote data-quote="fedx" data-source="post: 4198076" data-attributes="member: 64891"><p>I had a feeling from my original March thread that FedEx would try to weasel their way out of it. All I know is peak has never ended at my location, so I don't know if it's that way anywhere else, but I find it hard to believe they are having problems. From what I've gathered, Express is hauling things so cheap for many businesses (to steal them away from UPS) that their profit margin is almost nothing. I would call that mismanagement. We also have employees who have been there 14 years and are on step 4, 12 years and on step 2. The 20 year top out plan never changed.</p></blockquote><p></p>
[QUOTE="fedx, post: 4198076, member: 64891"] I had a feeling from my original March thread that FedEx would try to weasel their way out of it. All I know is peak has never ended at my location, so I don't know if it's that way anywhere else, but I find it hard to believe they are having problems. From what I've gathered, Express is hauling things so cheap for many businesses (to steal them away from UPS) that their profit margin is almost nothing. I would call that mismanagement. We also have employees who have been there 14 years and are on step 4, 12 years and on step 2. The 20 year top out plan never changed. [/QUOTE]
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