MAKAVELI
Well-Known Member
That's a pretty good return for FedEx.The profit margin for the health insurance industry is less than 5%.
Try again.
That's a pretty good return for FedEx.The profit margin for the health insurance industry is less than 5%.
Try again.
Your daughter needs to relocate then. Plenty of demand out west.My daughter just got her Pharmacist license, and is over $200,000 in debt. The pharmacy she’s worked at for the last 8 years let her go once she graduated, company policy. Over 300 resumes sent out with no job offers in the last 3 months.
That’s what happens when you crank out doctors without regard for demand.
That's a pretty good return for FedEx.
Would have to see how many employees that Fortune 50 company has. Much easier to pay those kind of benefits if your workforce is much smaller and the field they're in is very profitable. You said yourself he had a very specialized job. FedEx on the other hand has how many truckers, let alone all the couriers and other staff?I'm going to make a few posts before I disappear again, but I have to say something about FedEx "insurance", which is horrible, an insult to employees, and a "benefit" mostly in the arena of catastrophic coverage.
I'll use my friend Ken again as an example. He drives for a unionized Fortune 50 company with a trucking component. It's a pretty specialized job. He is married, with 3 kids, and for the YEAR, his family deductible is $300. He pays zero premiums because his union contract provides him with a lump sum check the first pay period of every new year that covers every penny of the premiums.
Ken had his knee replaced 2 years ago, and his entire out of pocket was approximately $500. About 5 years ago, he had an inner ear operation with a similar out of pocket total. There are no referrals needed to specialists, and there are no weak areas of coverage except Vision, which is similar to FedEx crap coverage.
So, FedEx screws you on your wages, top-out times, and especially, insurance. If Trump and the GOP get the boot, which seems likely, 2021 will be the year Express employees need to organize. You have the leverage, and probably will have a politically favorable playing field.
I'll use my friend Ken again as an example.
Would have to see how many employees that Fortune 50 company has. Much easier to pay those kind of benefits if your workforce is much smaller and the field they're in is very profitable. You said yourself he had a very specialized job. FedEx on the other hand has how many truckers, let alone all the couriers and other staff?
Says a lot about his friends and clientele.What a coincidence that the people you "know" always illustrate the most extreme examples of whatever point you're trying to make!
"The imaginary Trumper in my imaginary real estate office believes the moon landing was faked, the speed of light CHANGES, etc. And my imaginary friend Ken who works as a trucker for a union Fortune 50 company only has a $300 deductible for his whole family, no premiums, and gets major surgeries for less than a grand."
Like Rick from Pawn Stars, you just happen to know whoever you need to know at any moment
I can only take him at his word. My point is just because one company can do that doesn't mean every company can. Read of a company years ago, don't remember their name, that had 10,000 employees and was netting $10 billion in profit annually. That allows them to be pretty generous and still keep the shareholders happy. I suspect it FedEx was netting $10 billion the employees would be a lot happier with their pay and benefits. And I'm sure there are people reading this who vehemently disagree but I was there when the workforce was much smaller and growth was through the roof. A totally different environment.Geez, van. He's making it up.
"It always seems impossible until someone does it".
You're making this too difficult. If there was a company with that kind of deal, he'd name the company. Not worth your time trying to make sense of it.I can only take him at his word. My point is just because one company can do that doesn't mean every company can. Read of a company years ago, don't remember their name, that had 10,000 employees and was netting $10 billion in profit annually. That allows them to be pretty generous and still keep the shareholders happy. I suspect it FedEx was netting $10 billion the employees would be a lot happier with their pay and benefits. And I'm sure there are people reading this who vehemently disagree but I was there when the workforce was much smaller and growth was through the roof. A totally different environment.
Apparently worth your time to control what everyone else is doing.You're making this too difficult. If there was a company with that kind of deal, he'd name the company. Not worth your time trying to make sense of it.
Please don't leave.I'm going to make a few posts before I disappear again, but I have to say something about FedEx "insurance", which is horrible, an insult to employees, and a "benefit" mostly in the arena of catastrophic coverage.
I'll use my friend Ken again as an example. He drives for a unionized Fortune 50 company with a trucking component. It's a pretty specialized job. He is married, with 3 kids, and for the YEAR, his family deductible is $300. He pays zero premiums because his union contract provides him with a lump sum check the first pay period of every new year that covers every penny of the premiums.
Ken had his knee replaced 2 years ago, and his entire out of pocket was approximately $500. About 5 years ago, he had an inner ear operation with a similar out of pocket total. There are no referrals needed to specialists, and there are no weak areas of coverage except Vision, which is similar to FedEx crap coverage.
So, FedEx screws you on your wages, top-out times, and especially, insurance. If Trump and the GOP get the boot, which seems likely, 2021 will be the year Express employees need to organize. You have the leverage, and probably will have a politically favorable playing field.
I see that you and Old Falcon Fart are once again duking it out for the "Apologist Of The Year " award .Would have to see how many employees that Fortune 50 company has. Much easier to pay those kind of benefits if your workforce is much smaller and the field they're in is very profitable. You said yourself he had a very specialized job. FedEx on the other hand has how many truckers, let alone all the couriers and other staff?
And I see when faced with reality you still just make up your own.I see that you and Old Falcon Fart are once again duking it out for the "Apologist Of The Year " award .
I agree with @vantexan on most he says, I disagree on this.I see that you and Old Falcon Fart are once again duking it out for the "Apologist Of The Year " award .
I'm still out looking for the world you and Old Falcon Fart are living in because it isn't the one the rest of us live in. I guess I'll just have to chalk you up to the list of academy casualties .And I see when faced with reality you still just make up your own.
If you can show me where FedEx has the money to give UPS comparable pay and benefits to employees I'll support it 100% just as everyone else would. Please detail after what it pays now in payroll and all other expenditures the money they have left over to pay that well and also give employees great healthcare and retirement. I have said from the get go that they can do better than they were and they came up with a new pay plan that is light years better than what they were doing. And I've been critical of their not sticking to that plan. But you won't accept anything less than employees making $80k a year plus a very nice pension and company paid healthcare for not only employees but their families too. OK, great, show us where the money is coming from. Be the hero you truly believe you are and expose all the lies and greed and put FedEx on notice that you're as mad as hell, and you're not going to take it anymore! Sic'em Fido!I'm still out looking for the world you and Old Falcon Fart are living in because it isn't the one the rest of us live in. I guess I'll just have to chalk you up to the list of academy casualties .
Your comments are a complete 100% validation of what I said earlier . They can't do this and they can't do that and they can't do something else is all we keep hearing out of you and Old Falcon Fart. UPS compensation package represents conclusive proof that the market can and does bear that package and has done so for decades . But you and Old Falcon Fart continue to wring your hands and apologize in behalf of Fat Freddy for the growing disparity in pay and benefits between the workers of both companies despite the fact that both do the same type of work.If you can show me where FedEx has the money to give UPS comparable pay and benefits to employees I'll support it 100% just as everyone else would. Please detail after what it pays now in payroll and all other expenditures the money they have left over to pay that well and also give employees great healthcare and retirement. I have said from the get go that they can do better than they were and they came up with a new pay plan that is light years better than what they were doing. And I've been critical of their not sticking to that plan. But you won't accept anything less than employees making $80k a year plus a very nice pension and company paid healthcare for not only employees but their families too. OK, great, show us where the money is coming from. Be the hero you truly believe you are and expose all the lies and greed and put FedEx on notice that you're as mad as hell, and you're not going to take it anymore! Sic'em Fido!
UPS handles more than double the volume of packages that FedEx does, with an average daily rate of approximately 15.8 million units; FedEx delivered 6.9 million units.Your comments are a complete 100% validation of what I said earlier . They can't do this and they can't do that and they can't do something else is all we keep hearing out of you and Old Falcon Fart. UPS compensation package represents conclusive proof that the market can and does bear that package and has done so for decades . But you and Old Falcon Fart continue to wring your hands and apologize in behalf of Fat Freddy for the growing disparity in pay and benefits between the workers of both companies despite the fact that both do the same type of work.
Fat Freddy along with his corporate minions, henchmen and greedy contractors are out to get everything they can get off the poor slugs down in the trenches.
And they'll continue to take everything for as long as you continue to let them get away with it.