Yellow | Basic Math

[realityofitall]

A lot of you have asked to have the wages to come back to where they need to be. Doing some back of the envelope math here is what I got.

32000 employees between all the divisions x 8 =256000 a day 1,280,000 a week 6,656,000 a year.

Where do you get the extra money from ? Yes I know less damages, less accidents, and pick up the freight and deliver it on time. But if you can't do that now because the wages are so low and you have to spend $85 million on debt service a year where do they get this extra money ?

 

[Freight Crusher]

Where do they get their bonus money from? I'm pretty sure it comes out to a lot more than 6.5 million.

 

[Triplex]

Where do they get their bonus money from? I'm pretty sure it comes out to a lot more than 6.5 million.

The bonuses are not paid in money (cash). They are given shares of stock which is vested a little at a time.

 

[BIG R GUY]

A lot of you have asked to have the wages to come back to where they need to be. Doing some back of the envelope math here is what I got.

32000 employees between all the divisions x 8 =256000 a day 1,280,000 a week 6,656,000 a year.

Where do you get the extra money from ? Yes I know less damages, less accidents, and pick up the freight and deliver it on time. But if you can't do that now because the wages are so low and you have to spend $85 million on debt service a year where do they get this extra money ?

That is 66 million a year, without OT

 

[falconfan]

That is 66 million a year, without OT

Yeah,so let's tax on a minimum of another 25 million for O.T.
And let's not forget to add on $385.00 per week per employee for our insurance contributions.
Oh yeah an another $ 75.00/ week / employee for our pension contributions .

 

[Freight Crusher]

That is 66 million a year, without OT

66? Well that's different. They can try high efficiency light fixtures on all the docks. That should save some money.

 

[falconfan]

Yeah,so let's tax on a minimum of another 25 million for O.T.
And let's not forget to add on $385.00 per week per employee for our insurance contributions.
Oh yeah an another $ 75.00/ week / employee for our pension contributions .

Tac not tax..darn spellchecker .

 

[littlekorvette]

A lot of you have asked to have the wages to come back to where they need to be. Doing some back of the envelope math here is what I got.

32000 employees between all the divisions x 8 =256000 a day 1,280,000 a week 6,656,000 a year.

Where do you get the extra money from ? Yes I know less damages, less accidents, and pick up the freight and deliver it on time. But if you can't do that now because the wages are so low and you have to spend $85 million on debt service a year where do they get this extra money ?

They can pull it out of their ads as far as I'm co concerned, as long as they find it

 

[albag]

They can pull it out of their ads as far as I'm co concerned, as long as they find it

I think you meant ass not ads. The only thing in their ass is their head.

 

[redhots]

A lot of you have asked to have the wages to come back to where they need to be. Doing some back of the envelope math here is what I got.

32000 employees between all the divisions x 8 =256000 a day 1,280,000 a week 6,656,000 a year.

Where do you get the extra money from ? Yes I know less damages, less accidents, and pick up the freight and deliver it on time. But if you can't do that now because the wages are so low and you have to spend $85 million on debt service a year where do they get this extra money ?

Figures don't lie...But, Liars can figure!!

 

[wongway]

-15% Pilot program starter Dude's ,

 

[Kennesaw Kid]

The bonuses are not paid in money (cash). They are given shares of stock which is vested a little at a time.

The Paid For Performance (PFP) bonus checks each Quarter are cash.....

 

[2fast2me]

A lot of you have asked to have the wages to come back to where they need to be. Doing some back of the envelope math here is what I got.

32000 employees between all the divisions x 8 =256000 a day 1,280,000 a week 6,656,000 a year.

Where do you get the extra money from ? Yes I know less damages, less accidents, and pick up the freight and deliver it on time. But if you can't do that now because the wages are so low and you have to spend $85 million on debt service a year where do they get this extra money ?

Your doing exactly what the company wants , your figuring out that they have no money for raises. That is far from the truth , YRC is the least expensive carrier per hundred weight. The system is amassed with freight how about raising rates to pay labor costs. May lose some customers those are the ones you don’t want anyway freight whores price shop. It is true that Yrc needs the volume they have to service their debt , raising rates is the the way.

 

[Triplex]

The Paid For Performance (PFP) bonus checks each Quarter are cash.....

I believe he was referring to the executive level bonuses.

 

[falconfan]

The stock is a whopping $5.92/ share.
That should tell any rational thinker all they need to know.

 

[Elwood]

The stock is a whopping $5.92/ share.
That should tell any rational thinker all they need to know.

A ‘steal’ at $212 M.

 

[Hillbilly143]

thanks for the math lesson. Now won't you pour some of that energy into figuring out how we're going to get all of our money back and I'll pinch all 401k don't worry about the company cuz the company ain't worried about you don't take it personally I'm just saying

 

[Hillbilly143]

Why don't you take those break mathematical skills and figure out how much money in 10 years the company has took from each and every one of us I would like to know that thanks for your help with your mathematics

 

[Triplex]

Why don't you take those break mathematical skills and figure out how much money in 10 years the company has took from each and every one of us I would like to know that thanks for your help with your mathematics

They took zero from you. They paid you exactly what was agreed to.

 

[Bruce lee]

Sorry but it is we'll over a half of a "billion" per year at 30000 employees...just wage and pension alone..we work for crooks and that isn't go in to change