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<blockquote data-quote="vantexan" data-source="post: 5877857" data-attributes="member: 24302"><p>FedEx grossed over $90 billion last year and netted about a $4 billion dollar profit.&nbsp; FedEx has about 530,000 employees now.&nbsp; If the percentages that I cited earlier, about 52% going to payroll, are the same how much farther will $4 billion in profit get 530,000 employees after over $45 billion was already given them in pay?&nbsp; And do you think that the company will give employees all of their profit?&nbsp; No dividends to shareholders?&nbsp; No using money for buying back stock?&nbsp; Do you know why they spend the money to buy back stock?&nbsp; To keep the stock price up.&nbsp; I hate to tell you this but they&#039;re in business to make money for the shareholders.&nbsp; Their first priority isn&#039;t to pay you well.&nbsp; If you want to do better within the company then move up in the organization.&nbsp; Because they&#039;ve made it clear they intend to pay couriers as little as they can and keep people working.&nbsp; I didn&#039;t create this situation.&nbsp; Don&#039;t shoot the messenger.</p></blockquote><p></p>

[QUOTE="vantexan, post: 5877857, member: 24302"] FedEx grossed over $90 billion last year and netted about a $4 billion dollar profit. FedEx has about 530,000 employees now. If the percentages that I cited earlier, about 52% going to payroll, are the same how much farther will $4 billion in profit get 530,000 employees after over $45 billion was already given them in pay? And do you think that the company will give employees all of their profit? No dividends to shareholders? No using money for buying back stock? Do you know why they spend the money to buy back stock? To keep the stock price up. I hate to tell you this but they're in business to make money for the shareholders. Their first priority isn't to pay you well. If you want to do better within the company then move up in the organization. Because they've made it clear they intend to pay couriers as little as they can and keep people working. I didn't create this situation. Don't shoot the messenger. [/QUOTE]

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