Yellow | Jamie Pierson comments on the -15%

wongway

-15% Yellow step-child supporter !!
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In the C.F.O. mag. interview , Jamie Pierson said "WE ALL NEED TO DIVORCE OURSELVES FROM THE MINDSET THAT THE -15% IS GOING TO COME BACK " !!! what a nice guy to say that to the public and kinda thinking he should get a extra bonus to, for saving the company all them wages ???
 
In the C.F.O. mag. interview , Jamie Pierson said "WE ALL NEED TO DIVORCE OURSELVES FROM THE MINDSET THAT THE -15% IS GOING TO COME BACK " !!! what a nice guy to say that to the public and kinda thinking he should get a extra bonus to, for saving the company all them wages ???
I Dont know bout the rest of y'all...but you can bet sweet arse that if were all still here in 019.... We will be getting our 15% plus a few other thangs..
 
Do you have a link by any chance? Or is this a rumor?

Here's the link to part 1 of 6 parts.

http://ww2.cfo.com/credit/2015/02/anatomy-turnaround-yrc-worldwide/

Here's the paragraph in question:
“If we operate in a largely non-unionized industry, we need to be able to pay in a mainly non-unionized fashion,” says Pierson. “If we’re above the market by 15% we’re not going to be competitive. We are now paying what the market will bear, and we all need to divorce ourselves from the mindset that that 15% is going to come back.”
 
In the C.F.O. mag. interview , Jamie Pierson said "WE ALL NEED TO DIVORCE OURSELVES FROM THE MINDSET THAT THE -15% IS GOING TO COME BACK " !!! what a nice guy to say that to the public and kinda thinking he should get a extra bonus to, for saving the company all them wages ???

All this man has done is told the Uncut Truth. I know its hard to accept the reality of it but the company has already DIVORCED itself from the 15% thought and the Pension Saving Initiatives so with that being said. I suggest the rank and file take heed to that message or do whatever you feel you must do to in your mind improve your situation. There will be NO MIRACLE SNAPBACK. Unions are on the decline in America and the trend seems to be that large corporations are making sure it stays that way with side deals with YOUR CONGRESSMEN. Sad part is the hope in which was sold to the rank and file that this was just a temporary situation that could be corrected through hard work and sacrifice,,,,,,,
What a Lube & Tube Job.....!
 
I remember being told or reading that this was aligning our pay package with the non Union competition. So Pierson isn't saying anything new. Next time you are put up against this Read everything and ask Questions . Don't just stand there like a fool and listen to everybody rant about it. Then say what did he say? When the big shots are standing there selling you the crap.
 
What he is saying is the truth, in his eyes. ABF is not going to get their 7% back either. ( they are 5 years behind).

The union can use this as a bargaining tool, but let's face it, who will remember this in 2019?
 
What he is saying is the truth, in his eyes. ABF is not going to get their 7% back either. ( they are 5 years behind).

The union can use this as a bargaining tool, but let's face it, who will remember this in 2019?
UH ABF already started giving it back. Got 2% last july another 2% this July makes us 3% this year?
 
UH ABF already started giving it back. Got 2% last july another 2% this July makes us 3% this year?
That is true. But the 7% cut you took, if you figure in from the time it hit to now, as opposed to if it never happened, you will not be made whole for that time. Like the bonus they are paying YRC, or the Bonus in 1994, you give up more in compounded raises.
 
I remember being told or reading that this was aligning our pay package with the non Union competition. So Pierson isn't saying anything new. Next time you are put up against this Read everything and ask Questions . Don't just stand there like a fool and listen to everybody rant about it. Then say what did he say? When the big shots are standing there selling you the crap.
Pierson said aligning our pay to non-union pay ??? but non-union pay is higher than ours Pierson ??
 
Here's the link to part 1 of 6 parts.

http://ww2.cfo.com/credit/2015/02/anatomy-turnaround-yrc-worldwide/

Here's the paragraph in question:
“If we operate in a largely non-unionized industry, we need to be able to pay in a mainly non-unionized fashion,” says Pierson. “If we’re above the market by 15% we’re not going to be competitive. We are now paying what the market will bear, and we all need to divorce ourselves from the mindset that that 15% is going to come back.”
Thank you Triplex, for posting the link & paragraph , as I could'nt get it to download .
 
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