FedEx – “Any CEO that takes a 20% voluntary pay cut for his employees and the company is doing the right thing.”
0 of 1 people found this helpfulApr 7, 2009
2009-04-07 17:50 PDT
Details
Pros
Great benefits, medical, and company culture. 401K match, and where else can you get a Portable Pension Account? Most places after you leave your pension is gone. The people and management are outstanding from the front lines up to upper management.
Cons
There's been a few times that negative news has not trickled down as fast as I would have liked it to.
Advice to Senior Management
Proceed as you have been! We will bounce back from this recession FULL FORCE and FedEx will continue as always to treat our customers with royalty.
Helpful Review?
Yes |
No
Inappropriate?
Share:
Comments (2)
Jan 28, 2010
401K is back, they only suspended it for a year. I'm still happy with ANY pension-portable or otherwise, as opposed to ZERO pension like most companies.
I'm aware he's got a lot of other compensation, but again... how many other companies have done what he's done?
And if you're one of those teamsters guys, after all the jobs they lost last year, they still gave their CEO a BONUS.
I'm aware he's got a lot of other compensation, but again... how many other companies have done what he's done?
And if you're one of those teamsters guys, after all the jobs they lost last year, they still gave their CEO a BONUS.
Inappropriate?
Post your anonymous review or
sign in to
comment on this review
by Anon:
That CEO who took a 20% (base) pay cut sounds good doesn't it? Well, his base pay was just 13% of his 2008 total compensation, so maybe it's not quite as big a deal as you thought. He's still earning multiple hundreds of times your salary plus mine.