Where does the 15% go ?

Discussion in 'New Penn' started by realityofitall, Mar 27, 2015.

  1. realityofitall

    realityofitall Active Member

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    Where does the 15% of our wages go to ? Is it held in trust and will we ever get it back ? Also, can you buy stock as an employee at a discount .. thanks to all that reply. Newbie trying to learn the ins and outs of the business.
     
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  2. Keepingon

    Keepingon Well-Known Member

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    Executive bonuses, outrageous consultant fees and few friends of Hoffa. It DOES NOT go to employees, the pension fund, facilities, equipment, equipment maintnence or saftey in anyway. AND it DOES NOT go to the excuse they used to get the 15 percent which is the debt.
     
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  3. wongway

    wongway -15% Pay & Broke Pension Fund

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    It goes for BONUSES payments to upper management , just look up the 10-k report or 8-K report , over $3.5 million has been spend on bonuses in the past 3 years alone !!!
     
  4. choppernut

    choppernut Active Member

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    And the profit share will go to new equipment,so dont worry about see'n that anytime soon.
     
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  5. BIG R GUY

    BIG R GUY Part time Coop Dispatch driver

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    Don't believe any of these guys on here. It is a well known fact that YRC is investing the 15 percent in the Cayman Islands on behalf of all the employees!!!
     
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  6. realityofitall

    realityofitall Active Member

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    Love your image Big R Guy..
     

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