FDX--14-04 Bid
#31
34 more 757s and 20 less wide bodies. That's a kick in the nuts. A lot of folks are going to take a pay cut. That trend will continue until the MDs and A300s are gone.
Worse, four 757s in HKG? Now we know why they started hiring. I can't imagine any existing FOs eager to move there for 727 pay.
"Yes, that single-pay-rate horse may have left the barn," I hope those who allowed that to happen are some of the ones who take the pay cut.
"programming logic cannot manage excesses and vacancies in one bid"
Absolutely unacceptable. I can make a simple Excel spreadsheet do this! And y'all can't figure this out? And you want us to buy off on PBS?
Listen up potential new hires, this is the new FedEx. Choose very very carefully before coming to FedEx.
Worse, four 757s in HKG? Now we know why they started hiring. I can't imagine any existing FOs eager to move there for 727 pay.
"Yes, that single-pay-rate horse may have left the barn," I hope those who allowed that to happen are some of the ones who take the pay cut.
"programming logic cannot manage excesses and vacancies in one bid"
Absolutely unacceptable. I can make a simple Excel spreadsheet do this! And y'all can't figure this out? And you want us to buy off on PBS?
Listen up potential new hires, this is the new FedEx. Choose very very carefully before coming to FedEx.
Last edited by PurpleToolBox; 10-06-2014 at 09:08 PM.
#34
Sorry I wasn't clear before. I was trying to quote. I think it is very possible to get single-pay. That way, these excesses and vacancies won't have the sting that they do. Nobody would take a pay cut except for the very small few who might be downgraded to FO. We are our own worst enemy.
#35
Part Time Employee
Joined APC: Jul 2006
Position: Dispersing Green House Gasses on a Global Basis
Posts: 1,918
#36
Updated Oct. 6, 2014 6:25 p.m. ET
Executives at logistics giant FedEx backed up the truck and sold stock.
Three FedEx (ticker: FDX ) insiders exercised options and sold 88,997 shares for $14,349,008, an average of $161.23 each, from Sept. 18 through Oct. 2, as shares soared to an all-time high.
David J. Bronczek, chief executive and president of subsidiary FedEx Express, exercised options and sold 44,786 shares for $7,306,486, an average of $163.14 each. Regulatory filings show the options were exercised at $89.70 each and were set to expire June 1, 2015. Bronczek now directly holds 67,138 shares, a stake of less than 1%, alongside 686 shares in a retirement plan.
Executives at logistics giant FedEx backed up the truck and sold stock.
Three FedEx (ticker: FDX ) insiders exercised options and sold 88,997 shares for $14,349,008, an average of $161.23 each, from Sept. 18 through Oct. 2, as shares soared to an all-time high.
David J. Bronczek, chief executive and president of subsidiary FedEx Express, exercised options and sold 44,786 shares for $7,306,486, an average of $163.14 each. Regulatory filings show the options were exercised at $89.70 each and were set to expire June 1, 2015. Bronczek now directly holds 67,138 shares, a stake of less than 1%, alongside 686 shares in a retirement plan.
#37
Management has clung to concessionary demands deep into negotiations. Even ridiculous demands, PBS, that they know won't be in the final agreement. We started with very reasonable proposals. Unacceptable!!
They've earned new demands such as a single pay rate. We will trade nothing for new enhancements in response to their lack of negotation. They will meet them if they hope to earn back our respect.
Just Culture right back at you.
They've earned new demands such as a single pay rate. We will trade nothing for new enhancements in response to their lack of negotation. They will meet them if they hope to earn back our respect.
Just Culture right back at you.
Last edited by Gunter; 10-06-2014 at 09:40 PM.
#38
Banned
Joined APC: Sep 2013
Posts: 248
34 more 757s and 20 less wide bodies. That's a kick in the nuts. A lot of folks are going to take a pay cut. That trend will continue until the MDs and A300s are gone.
Listen up potential new hires, this is the new FedEx. Choose very very carefully before coming to FedEx.
Listen up potential new hires, this is the new FedEx. Choose very very carefully before coming to FedEx.
You don't like it? GTFO? Had a dude who was a 'purple nugget' complain about how when 4a2b come about he was getting screwed..Of course, in 2006-7 how many legacy dudes were furloughed for how long ?
Sack up, Sack up.
#39
A little bit of Red Herring.
The vast majority of nuggets and new hires were happy with 4a2b. But douche bags are in every group.
757 SIBA will solve all our FDA needs.
Our hiring will adjust. Expect the hiring Dr. to reinvent himself in 2014 or be shown the door when hires start bailing during their first or second year.
The vast majority of nuggets and new hires were happy with 4a2b. But douche bags are in every group.
757 SIBA will solve all our FDA needs.
Our hiring will adjust. Expect the hiring Dr. to reinvent himself in 2014 or be shown the door when hires start bailing during their first or second year.
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