Upcoming 401(k) Changes

[59 Dano]

I know there are centuries of evidence that prove otherwise; up to the start of the labour movement.

Those who benefit most from union membership are workers who work in monopsonistic and oligopsonistic labor markets. Populations shifted away from rural areas and technological advances became more frequent and more pronounced, both of which increased workers' skillsets, working conditions, and job opportunities.

 

[floridays]

Those who benefit most from union membership are workers who work in monopsonistic and oligopsonistic labor markets. Populations shifted away from rural areas and technological advances became more frequent and more pronounced, both of which increased workers' skillsets, working conditions, and job opportunities.

Gotta be a cut and paste.
In your own words, exactly what did you just say?
Bust my intelligence at your own expense, Chico.
You're on the clock.

 

[59 Dano]

On here much

He and MF were separated at birth. Both of them thought highly of the "old" FedEx, both are rabidly anti-management and anti- anyone who rose above the rank of courier, both played the "I hate working for FedEx BUT I'm going to stay for this specific benefit" card when asked "Why do you stay with FedEx if you hate it so much" question before abruptly announcing their imminent departures, and both continued their high-volume of posts after quitting.

I think they're scared of one another because one starts posting less as the other starts posting more.

 

[59 Dano]

Gotta be a cut and paste.

They call it an education.

In your own words, exactly what did you just say?
Bust my intelligence at your own expense, Chico.
You're on the clock.

Monopsonistic and oligopolistic labor markets are, respectively, labor markets with one or few employers and both are rarely in competition for labor as they exist in captive markets. Most of the jobs require little to no education or skill. Hence, there is rarely an economic incentive to offer much more than a labor market's reservation wage and the absolute minimum in terms of working conditions to attract and retain employees in those labor markets.

HENCE, there is a greater incentive (not to mention need) for those workers to enter into collective bargaining agreements as opposed to someone living in an urban/suburban area where the labor market it much more diverse and competitive and where an employee has many more options for employment.

Hope that cleared it up!

 

[floridays]

They call it an education.


Monopsonistic and oligopolistic labor markets are, respectively, labor markets with one or few employers and both are rarely in competition for labor as they exist in captive markets. Most of the jobs require little to no education or skill. Hence, there is rarely an economic incentive to offer much more than a labor market's reservation wage and the absolute minimum in terms of working conditions to attract and retain employees in those labor markets.

HENCE, there is a greater incentive (not to mention need) for those workers to enter into collective bargaining agreements as opposed to someone living in an urban/suburban area where the labor market it much more diverse and competitive and where an employee has many more options for employment.

Hope that cleared it up!

Right, Monopsonistic and oligopolistic are terms you use daily.

I quote you:

"respectively, labor markets with one or few employers and both are rarely in competition for labor as they exist in captive markets. Most of the jobs require little to no education or skill. Hence, there is rarely an economic incentive to offer much more than a labor market's reservation wage and the absolute minimum in terms of working conditions to attract and retain employees in those labor markets."

Where does FEDEX, hub, ramp and station ops reside?

 

[AB831]

No one expects you to be impressed, so I don't understand where you got the idea that you should be impressed.

The fact that you're bringing up the prestige (or lack thereof) of my job and why you should/shouldn't be impressed with me says more about you than me, because you're the only one who ever cared about either.

I tell you assuredly that I don’t care about you or your job and would really prefer it if you never posted on here again. Most everyone else feels the same way.

 

[falcon back]

I tell you assuredly that I don’t care about you or your job and would really prefer it if you never posted on here again.

Many on here feel the same about you. It is really sad that you continue to stay here day and night instead of looking after your loved one.

 

[AB831]

Many on here feel the same about you. It is really sad that you continue to stay here day and night instead of looking after your loved one.

Welcome to my ignore list.

 

[falcon back]

Welcome to my ignore list.

That's the same thing your girlfriend told you.

 

[59 Dano]

Right, Monopsonistic and oligopolistic are terms you use daily.

I quote you:

"respectively, labor markets with one or few employers and both are rarely in competition for labor as they exist in captive markets. Most of the jobs require little to no education or skill. Hence, there is rarely an economic incentive to offer much more than a labor market's reservation wage and the absolute minimum in terms of working conditions to attract and retain employees in those labor markets."

Where does FEDEX, hub, ramp and station ops reside?

None of the above have much of anything to do with captive labor markets.

 

[59 Dano]

I tell you assuredly that I don’t care about you or your job and would really prefer it if you never posted on here again. Most everyone else feels the same way.

That's why you don't have me on ignore. That's why you keep responding to me, telling me that you don't care. That's why your contributions to any discussion here are only marginally more valuable than the tripe we get from Cactus.

 

[MassWineGuy]

I don’t understand that chart, but I’m not getting much anyway.

 

[Cactus]

That's why you don't have me on ignore. That's why you keep responding to me, telling me that you don't care. That's why your contributions to any discussion here are only marginally more valuable than the tripe we get from Cactus.*

In this case, tripe means the truth that you can’t handle.

And that’s Mr. Cactus to you.

 

[Cactus]

So you actually believe the FDX planes fly empty and everything is trucked? WOW

No, but we sure believe your head is empty.

 

[falcon back]

No, but we sure believe your head is empty.

You cant do any better than that? You better stick to your custodial job. You are much better qualified for that.

 

[Cactus]

You cant do any better than that? You better stick to your custodial job. You are much better qualified for that.

I'd rather have a custodial job than pretend to have a "sweet retirement" or a "sweet spouse's winning lottery ticket."

 

[AB831]

I'd rather have a custodial job than pretend to have a "sweet retirement" or a "sweet spouse's winning lottery ticket."

Most beautiful sight

 

[falcon back]

I'd rather have a custodial job than pretend to have a "sweet retirement" or a "sweet spouse's winning lottery ticket."

Enjoy that mop and broom. Retirement is so sweet. Too bad you didn't better prepare for retirement. Don't feel too bad, it happens to lots of people.

 

[fedx]

The unions and most employees see things differently. The employees who are most unhappy will just leave for something better and the unions aren't going to fight for the support of employees who have the option of finding better work (which is most people).

You're right. Most chumps will leave for something better, but those that were promised the 10 step pay progression that got stopped after 2 years will stay and fight. Everyone has the option to find better work. Unions seems to stick around even though people can go find work elsewhere. If FedEx Express had a union, you'd see the same kind of working conditions that existed at FedEx decades ago such as people topping out in 3 years instead of 30, a traditional pension plan, etc. Back then a union wasn't needed, but it is needed today. If FedEx kept taking care of their employees, a union wouldn't be needed, but that's not the case anymore. I'm sure you'll bring up the $1K bonus and you're right to do so. However, it will be used as an excuse next year for another 2% raise. It will be "we already gave you a bonus, so we aren't going to give more than 2% again in 2021." If FedEx gives you $1,000, they'll take it away somewhere else.

 

[59 Dano]

You're right. Most chumps will leave for something better, but those that were promised the 10 step pay progression that got stopped after 2 years will stay and fight.

They weren't promised anything. The company made it clear that progression advancements were subject to the company's ability to implement them.

Those that you speak of aren't fighting for anything.

If FedEx Express had a union, you'd see the same kind of working conditions that existed at FedEx decades ago such as people topping out in 3 years instead of 30, a traditional pension plan, etc. Back then a union wasn't needed, but it is needed today. If FedEx kept taking care of their employees, a union wouldn't be needed, but that's not the case anymore.

If you say so. UPS has had a union forever and the UPSers are complaining that the benefits of being IBT aren't as strong as they were just a few years ago and the new hires are getting royally screwed compared to the others.

If FedEx had a union, anything the employees gained would be offset by something taken away somewhere else.