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Fred Smith in the WSJ

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Old 10-27-2008, 09:39 AM
  #31  
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Originally Posted by JustUnderPar View Post
You say that as if he has YOUR interests at heart. I doubt he would give a second thought at furloughing the bottom 300-400 pilots in your group. Especially if the trucker deal starts eating at the companies bottom line. With an administration change coming are you guys preparing?

Fred won't let pilots go unless the economy/regulation force him to-they are a valued source of income. It is always entertaining to listen to the reasoning that unions are somehow responsible for our jobs or our economic condition. Collective bargaining is a wonderful thing, but it doesn't create jobs and union courting of politicos has only brought about fewer unions.
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Old 10-27-2008, 10:01 AM
  #32  
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Originally Posted by FDXLAG View Post
No he has his interest at heart, and so far, that has not been a bad thing for the pilot group. What would you suggest for preparing? No need to worry about hiding Capital Gains when there are none.
I agree. Brilliant man! He does not like unions or the amount of money a union vs non-union employee earns. He has made that clear.

What I was eluding to was the fact you guys are trading your 3 seat 72's for 2 seat 75's. Tons of over 60 guys coming back and guys now not leaving at 60 now...

Is this gonna be such a gradual integration of the new jets at purple that it mean no hiring for a long time??

I know what you mean about Capital Gains. I may ask Jungle what do do
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Old 10-27-2008, 12:03 PM
  #33  
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Originally Posted by JustUnderPar View Post
You say that as if he has YOUR interests at heart. I doubt he would give a second thought at furloughing the bottom 300-400 pilots in your group. Especially if the trucker deal starts eating at the companies bottom line. With an administration change coming are you guys preparing?
This is one of the biggest misconceptions in this country right now. Who, besides yourself or your family, do you believe has your interests at heart? Certainly not your boss, and certainly not ANY politicians. Companies are not families, they are teams - and teams fire or retire coaches and players when they no longer perform.

The vast majority of this nation makes it way in the wake of a few bright, courageous, lucky, etc entrepreneurs. We have opportunities for employment because something (greed, drive, whatever) motivated them to go out and make their mark and at some point they decided they needed to hire employees to help them achieve that goal. As long as you or I can contribute to the organization, you or I can keep contributing. As long as Fred Smith keeps making decisions that keep FedEx at the forefront of this global industry, FedEx employees will benefit.

No one owes us anything, we owe it to ourselves to gain skills and knowledge that continues to be in demand. Part of our responsibility is to do our jobs in such a way that the company feels they can not do without us. Included with that is the role of communicating our contributions to the company. That is no different than if you were interviewing for a job and your interviewer asked you to explain why he should pay you $xxx vs hiring some new 250-hr commercial pilot and paying him $50,000 less.
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Old 10-27-2008, 12:06 PM
  #34  
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Originally Posted by LivingInMEM View Post
This is one of the biggest misconceptions in this country right now. Who, besides yourself or your family, do you believe has your interests at heart? Certainly not your boss, and certainly not ANY politicians. Companies are not families, they are teams - and teams fire or retire coaches and players when they no longer perform.

The vast majority of this nation makes it way in the wake of a few bright, courageous, lucky, etc entrepreneurs. We have opportunities for employment because something (greed, drive, whatever) motivated them to go out and make their mark and at some point they decided they needed to hire employees to help them achieve that goal. As long as you or I can contribute to the organization, you or I can keep contributing. As long as Fred Smith keeps making decisions that keep FedEx at the forefront of this global industry, FedEx employees will benefit.

No one owes us anything, we owe it to ourselves to gain skills and knowledge that continues to be in demand. Part of our responsibility is to do our jobs in such a way that the company feels they can not do without us. Included with that is the role of communicating our contributions to the company. That is no different than if you were interviewing for a job and your interviewer asked you to explain why he should pay you $xxx vs hiring some new 250-hr commercial pilot and paying him $50,000 less.
Ditto. Great post.
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