Originally Posted by
Busboy
So, let's see...There are about 15,000 "independent contractor" drivers. And you say, five years ago it would cost $1.3 billion a year to make these 15,000, employees?
My calculator says that would be about $87,000 each, annually, in additional costs.
That doesn't sound right.
I believe this includes a tax hit of over 350 million a year. FedEx would have to buy and maintain the trucks, health, retirement, and better wages. Many of the drivers make very little for the work that is done and want better wages. This is the reasoning behind the lawsuit. The number of 1.3 Billion is not my number and the article is to old on yahoo to pull up. This was the main reason that I chose to fly for UPS vs FedEx. I will post the article if I can locate it.