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FedEx to give employees bonuses, raises, 401k
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<blockquote data-quote="SmithBarney" data-source="post: 3367934" data-attributes="member: 709"><p>I am not in Miami.. <img src="/community/styles/default/xenforo/smilies/wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /></p><p>I'll just call it the Bump and Drag. Bumped up 6months, then drag 18 for your next one. Remember a few years back when they moved the raises from April to Oct(we went 18months without pay actions, or 08 when there were no raises due to the economy, but million dollar bonus and options were still paid out, and profits were still pretty good.)</p><p></p><p>Fun little page...doesn't go back to 08 that I can find... </p><p><a href="http://insiders.morningstar.com/trading/executive-compensation.action?t=FDX&region=usa&culture=en-US" target="_blank">FDX FedEx Corp Executive Compensation</a></p><p></p><p>Yes you'll make a little bit more for 6months and I'll never turn down $ or OT 15hrs this week... <img src="/community/styles/default/xenforo/smilies/wink.png" class="smilie" loading="lazy" alt=";)" title="Wink ;)" data-shortname=";)" /></p><p></p><p>I imagine you are a relatively young/new employee and these wages are great for those, in fact</p><p>I imagine being a new hire making a couple bucks less than 10-15yr employees must feel pretty great.</p><p>But those 10-15yr employees are still 5-7 years from top range, so many are a bit bitter, that new hires are being "treated" better than senior employees.</p></blockquote><p></p>
[QUOTE="SmithBarney, post: 3367934, member: 709"] I am not in Miami.. ;) I'll just call it the Bump and Drag. Bumped up 6months, then drag 18 for your next one. Remember a few years back when they moved the raises from April to Oct(we went 18months without pay actions, or 08 when there were no raises due to the economy, but million dollar bonus and options were still paid out, and profits were still pretty good.) Fun little page...doesn't go back to 08 that I can find... [URL="http://insiders.morningstar.com/trading/executive-compensation.action?t=FDX®ion=usa&culture=en-US"]FDX FedEx Corp Executive Compensation[/URL] Yes you'll make a little bit more for 6months and I'll never turn down $ or OT 15hrs this week... ;) I imagine you are a relatively young/new employee and these wages are great for those, in fact I imagine being a new hire making a couple bucks less than 10-15yr employees must feel pretty great. But those 10-15yr employees are still 5-7 years from top range, so many are a bit bitter, that new hires are being "treated" better than senior employees. [/QUOTE]
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