Originally Posted by
hindsight2020
where is it coming out of? Diluted retirement benefits?
Increased productivity for one. They now have 6 week bid months. The entire holiday season will be covered by one bid.
Also they're years past their amenable date. The increase pay should've happened a while ago so without nuking out the math they're losing money if they'd ratified this same contract on time.
Originally Posted by
DashTrash
Over 96% participation, 57%/43%... FedEx management hit the ball out of the park!!!
5 year delay to a 57% ratification. Their mgmt def won this round.