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FedEx Discussions
Should It Come As A Surprise?
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<blockquote data-quote="fedx" data-source="post: 5300973" data-attributes="member: 64891"><p>UPS' margins went from 9% a couple of years ago to now almost 14% (13.7). That's all while being company owned and union employees. That should be the model FedEx tries to copy. But I'm betting they'll do the contractor model with the "new and improved FedEx" (that's what they'll call the change) even though that contractor model doesn't work as intended. They think by not paying any benefits or 401K/pension will save them tons of money. But not getting anyone to work for a contractor because of their lack of benefits will end up being the death nail in FedEx and we will go away over a period of a few years. Why bust your ass sweating all day for a contractor for $15/hr and no benefits when you can work in an air conditioned fast food restaurant for the same pay?</p></blockquote><p></p>
[QUOTE="fedx, post: 5300973, member: 64891"] UPS' margins went from 9% a couple of years ago to now almost 14% (13.7). That's all while being company owned and union employees. That should be the model FedEx tries to copy. But I'm betting they'll do the contractor model with the "new and improved FedEx" (that's what they'll call the change) even though that contractor model doesn't work as intended. They think by not paying any benefits or 401K/pension will save them tons of money. But not getting anyone to work for a contractor because of their lack of benefits will end up being the death nail in FedEx and we will go away over a period of a few years. Why bust your ass sweating all day for a contractor for $15/hr and no benefits when you can work in an air conditioned fast food restaurant for the same pay? [/QUOTE]
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