Sunday, September 18, 2016
My Yearly Disappointment 2016
It's that special time of the year where FedEx shows us how much we really mean to them. I recently received my annual Pension Statement and unsurprisingly, it is a complete disappointment.
After 14 years at FedEx, my monthly pension will be a measly $178.37 a month. To put that in perspective, my Viking pension (which was the company I worked at for 15 years before they were taken over by FedEx) will $ 648.58 a month. Now, keep in mind that my Viking pension was frozen once FedEx took over so it hasn't grown since then.
How is it possible that a small business like Viking could afford that kind of pension but a corporate giant like FedEx can't even give me enough to cover my grocery budget?
FedEx boasts that they "strive to develop mutually rewarding relationships" with their employees. What is mutually beneficial about us working hard to make this company profitable while they refuse to fairly compensate us?