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FedEx Discussions
two pay raises this year??
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<blockquote data-quote="vantexan" data-source="post: 2067449" data-attributes="member: 24302"><p>Okay, let's say you make $25 hr, averaging 45 hrs a week. That'll get about $60k I think. I was at $18.17hr when I quit just shy of 15 years in 2013. And they terminated the pension plan I worked a long time to get in 2008, replacing it with a much less generous plan. You're 26, probably aren't thinking about retirement. The job may work for you, but for those of us who were promised top pay in 7 to 8 years and lied to, it hasn't worked that great. You see topped out guys doing well, and you may very well catch them if FedEx keeps their word, but many of us worked 10, 15, even more years and never got the good pay. We not only lived within our means, we did without. Those with decently paid spouses did fine. FedEx will have to clean up it's act and depend on us old grumps to leave soon before you start seeing a much happier workforce. We were expected to sacrifice for the good of the company, i.e. keep the profiits up so our exec's could cash in on their stock options.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2067449, member: 24302"] Okay, let's say you make $25 hr, averaging 45 hrs a week. That'll get about $60k I think. I was at $18.17hr when I quit just shy of 15 years in 2013. And they terminated the pension plan I worked a long time to get in 2008, replacing it with a much less generous plan. You're 26, probably aren't thinking about retirement. The job may work for you, but for those of us who were promised top pay in 7 to 8 years and lied to, it hasn't worked that great. You see topped out guys doing well, and you may very well catch them if FedEx keeps their word, but many of us worked 10, 15, even more years and never got the good pay. We not only lived within our means, we did without. Those with decently paid spouses did fine. FedEx will have to clean up it's act and depend on us old grumps to leave soon before you start seeing a much happier workforce. We were expected to sacrifice for the good of the company, i.e. keep the profiits up so our exec's could cash in on their stock options. [/QUOTE]
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