FedEx to give employees bonuses, raises, 401k

[MemphisHubFedExer]

Alright everybody, I can' be the only one suspicious about this. It's April 1st. Any one else thinking Fred and Bronczek are pulling a big April fools on us?

 

[MAKAVELI]

Alright everybody, I can' be the only one suspicious about this. It's April 1st. Any one else thinking Fred and Bronczek are pulling a big April fools on us?

I predict mass sick calls April 2 if it is.

 

[Oldfart]

Alright everybody, I can' be the only one suspicious about this. It's April 1st. Any one else thinking Fred and Bronczek are pulling a big April fools on us?

Go back to sleep. You are hallucinating.

 

[Jkloc420]

I predict mass sick calls April 2 if it is.

i plead 1 2 3 4 5th

 

[abused.crr]

I heard about this last night on the news so I had to hop on browncafe and see what the chatter was. I see once again Fedex is throwing a bone, and nothing more to it’s underpaid workforce. I’m sure it’ll be a 10k bonus like management gets. Haha. Anyway; there is a way out guys and gals. I spent over 22 years busting my crr butt to try and make unattainable goals, pissing in Gatorade bottles, spending my lunch break organizing stops, and you know the rest... but there is a way out! Use X to get your CDL and move on! Local townships, suburbs, and state DOTs will snatch you up! It’s kinda like being a dog that gets beat every day but it keeps going back cause it needs food. Then one day that dog runs away and another family takes it in, and that family loves it, appreciates its, and even feeds it! You just gotta run away! Enjoy the bonus guys, I hope you all get 10k. You deserve it.

 

[MassWineGuy]

First, how much do managers get as a bonus?

And...

If anyone feels terrible about a raise in April I’m certain that they can refuse it.

 

[Oldfart]

I heard about this last night on the news so I had to hop on browncafe and see what the chatter was. I see once again Fedex is throwing a bone, and nothing more to it’s underpaid workforce. I’m sure it’ll be a 10k bonus like management gets. Haha. Anyway; there is a way out guys and gals. I spent over 22 years busting my crr butt to try and make unattainable goals, pissing in Gatorade bottles, spending my lunch break organizing stops, and you know the rest... but there is a way out! Use X to get your CDL and move on! Local townships, suburbs, and state DOTs will snatch you up! It’s kinda like being a dog that gets beat every day but it keeps going back cause it needs food. Then one day that dog runs away and another family takes it in, and that family loves it, appreciates its, and even feeds it! You just gotta run away! Enjoy the bonus guys, I hope you all get 10k. You deserve it.

If you were envious of the bonus management got, why didn't you become a manager?

Just because you must have been a poor courier and couldn't handle the job, don't be so bitter. The job isn't for everyone. Such as in your case.

 

[59 Dano]

Murray vs. Curlett has stood for 55 years and after 55 years I believe that it's safe to say that it's finished law.

Who said it wasn't?

So tell me something. What does school prayer have to do with this morning's Fedex announcement?.

About as much as you have to do with anything: nothing.

 

[59 Dano]

Already there.

Not sure what you're referring to.

 

[59 Dano]

First, how much do managers get as a bonus?

Their bonus is the AIC, which is similar to the FPP. It depends on a bunch of things, just like the FPP. The people I knew who were getting them were getting $3000 or so a couple of years ago.

 

[abused.crr]

If you were envious of the bonus management got, why didn't you become a manager?

Just because you must have been a poor courier and couldn't handle the job, don't be so bitter. The job isn't for everyone. Such as in your case.

I did one better... I used Fedex to pay for 100% if my CDL. Almost 5 months of training, classes, and waiting on a test date. I was a great a courier, to good actually. That’s what caused me to wanna leave. Anyway, I come up with about 20-30k in my cost over those 5 months. I’m loving it

 

[abused.crr]

Anyway; I think about you guys occasionally. Best of luck to ya. But, there is a better family out there. You just gotta leave.

 

[Maui]

First, how much do managers get as a bonus?

And...

If anyone feels terrible about a raise in April I’m certain that they can refuse it.

On average managers are eligible for 8k-10k. Seniors on average are eligible for 15-20k. Most years it's about half that if lucky.
MDs can get 6 figure bonuses.

 

[DriveInDriveOut]

How does ANY of this have to do with the announced raises?

Six month advancement of previously planned raises you mean.

 

[SmithBarney]

So uh.... how about those raises? 10+ yr employees get bumped 1/2 way to step 10...
Step 10(topped out) stay right where they are since they already make too much and do too little.

 

[Oldfart]

Actually you didn't mention taxes, you were speaking of the percentage that was withheld bonus vs raise. They aren't actually taxes until paid. When they become taxes it will be at the rate you fall in. Until that point the higher withholding would just mean potential loss or gain if invested via time value of money. Or it could mean the delay of a purchase. But I hate to say this, if someone is concerned, do as DIDO said, change your withholding.

I said more money will go in your pocket the week the check is cut with a raise than a bonus. That is true no matter how many exemptions you claim. The more exemptions you claim, the bigger the difference the amount you will put in your pocket.

 

[Oldfart]

Says the guy who overpays his taxes on purpose lmao.
Wheel of fortune is over gramps go to bed.

My plan is to put the money in my pocket on a weekly basis, do my taxes in February and buy the needed IRA's to break even come April 15. Works for me.

 

[DriveInDriveOut]

My plan is to put the money in my pocket on a weekly basis, do my taxes in February and buy the needed IRA's to break even come April 15. Works for me.

cool story
I prefer to dollar cost average my contributions.
Good luck with your yearly gamble, hope it works out for you.

 

[floridays]

I said more money will go in your pocket the week the check is cut with a raise than a bonus. That is true no matter how many exemptions you claim. The more exemptions you claim, the bigger the difference the amount you will put in your pocket.

Not slow, got it all. You've been all over the lot with this one. The quote I tagged you mentioned TAXES again, thus my response. If you want to negate higher withholding of bonus offset it by having no money withheld on regular payroll. You'll never under stand, your mind is stuck on one rail.

 

[BakerMayfield2018]

I have family that counts on enormous tax returns to go on vacation, pay property taxes and other expenses. That's their yearly plan. They don't have the discipline to save money on their own so they count on the government to save it for them.

That is sad.