Originally Posted by WatchThis!
It depends on how you read the headline I suppose. I think it's right on.
FedEx is making a big bet (betting big?) that it's pilot's won't be capable of public math in determining that the offer comes up short. Everyone likes a check for $20K, but cost it over the duration of the contract and FedEx pilots would be selling themselves WAY short...in my humble opinion.
If the FEDEX pilots accept that offer they are in for a big surprise!! Just wait and see how much of that bonus money you receive after Uncle Sam takes his bite. Bonus money is always taxed at a higher rate than your salary. Granted you may recoup some of that money after you file.....but a pay raise and improved working conditions. ie retirement are worth more in the long run!!