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Rule of 80? 70?
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<blockquote data-quote="SmithBarney" data-source="post: 981331" data-attributes="member: 709"><p>Lets see in 1988 -Minimum wage was $3.35/hr -Gas was $.99/gal -a gallon of Milk was ~$1.50</p><p>And Now in 2012 - Minimum wage is $7.67/hr - Gas is 3.50/gal -a gallon of milk is $3.69</p><p></p><p>So in 1988 you got 10.85/hr in 2012 a new hire makes ~14.00 Depending on market.(That's ~30%)</p><p></p><p>Minimum wage has increased almost 100%</p><p>Gas Costs increaded over 300%</p><p>Milk is over 100%</p><p>And top out has gone from 2 years to infinity since with the current pay schedule ~85% will never top out.</p><p></p><p>Guess what my wife got sick last year and I had to spend nearly 1/3 of what I made for out of pocket expenses because our "insurance" isn't really that good.</p><p>You can go to cigna's home page and actually get a better deal(but that's another story for another time)</p><p></p><p>So will they offer a buy out... for Couriers, maybe in the form of saying "we will give you 30 year pension at 25 years" or "25 at 20"</p><p>You bet junior Couriers are peeved, because day in and day out they see what the company is doing.</p><p>And unfortunately eventually all these "crusty's" as you call them will eventually go away and retire, but then you will be stuck</p><p>with people still not topped out, still carrying a chip on their shoulder, and with the incredibly high turnover at Express you will have</p><p>a bunch of $14 employees who don't give a crap about the company. </p><p></p><p>I do believe that senior employees are a value to the company, unfortunately most cannot realize how hard it is to work</p><p>at these wages, because today's $1 doesn't go as far as 1988's $1</p><p></p><p>Maybe Express will have a internal "workforce" service and Job placement with Ground Contractors so displaced couriers have </p><p>somewhere to work... LOL</p></blockquote><p></p>
[QUOTE="SmithBarney, post: 981331, member: 709"] Lets see in 1988 -Minimum wage was $3.35/hr -Gas was $.99/gal -a gallon of Milk was ~$1.50 And Now in 2012 - Minimum wage is $7.67/hr - Gas is 3.50/gal -a gallon of milk is $3.69 So in 1988 you got 10.85/hr in 2012 a new hire makes ~14.00 Depending on market.(That's ~30%) Minimum wage has increased almost 100% Gas Costs increaded over 300% Milk is over 100% And top out has gone from 2 years to infinity since with the current pay schedule ~85% will never top out. Guess what my wife got sick last year and I had to spend nearly 1/3 of what I made for out of pocket expenses because our "insurance" isn't really that good. You can go to cigna's home page and actually get a better deal(but that's another story for another time) So will they offer a buy out... for Couriers, maybe in the form of saying "we will give you 30 year pension at 25 years" or "25 at 20" You bet junior Couriers are peeved, because day in and day out they see what the company is doing. And unfortunately eventually all these "crusty's" as you call them will eventually go away and retire, but then you will be stuck with people still not topped out, still carrying a chip on their shoulder, and with the incredibly high turnover at Express you will have a bunch of $14 employees who don't give a crap about the company. I do believe that senior employees are a value to the company, unfortunately most cannot realize how hard it is to work at these wages, because today's $1 doesn't go as far as 1988's $1 Maybe Express will have a internal "workforce" service and Job placement with Ground Contractors so displaced couriers have somewhere to work... LOL [/QUOTE]
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