Wage stagnation is not limited to this industry. It’s actually been flat for about everyone except Wall Street and your corporate types.Okay, and how many women truck drivers are there ? Sorry, but in this industry that argument don't hold water.
Wage stagnation is not limited to this industry. It’s actually been flat for about everyone except Wall Street and your corporate types.Okay, and how many women truck drivers are there ? Sorry, but in this industry that argument don't hold water.
Wage stagnation is not limited to this industry. It’s actually been flat for about everyone except Wall Street and your corporate types.
TruthWage stagnation is not limited to this industry. It’s actually been flat for about everyone except Wall Street and your corporate types.
AgreedI agree wage stagnation has occurred. You point to women joining the work force. I don't see it that way at all. It's pure greed at the top. Plenty to go around. It's just not making it's way down to the little guys.
Where you directly involved in the precedings leading to the settlement ? Just curious how you got your info ?That’s not true. The ruling was made because the teamsters produced a Q and A flier from Conway after the recession that stated they wanted to get back to yearly raises.Your case was that it was a general rule for them to give annual raises so since it was status quo it shouldn’t be halted after your vote. Using the same logic XPO should have argued that it was status quo for them to change insurance premiums and discipline policy every year and y’all should have been exactly where the rest of us are. So in essence I agree every employee should be treated the same. You should be held to the same standard I am. For the record I do not begrudge you guys getting your back pay I just think y’all made a hypocrite’s argument.
I was not. Someone posted it who was directly involved I can’t remember if I saw it on one of the teamsters sites or on here but they had the language highlighted. Why? am I wrong? You always say get all the info you can.Agreed
Where you directly involved in the precedings leading to the settlement ? Just curious how you got your info ?
The problem I have with this statement is at the end of the day what responsible does the employee have to the company? Other than punching and doing their job correctly. Please tell us all how many weeks you did not get a paycheck, took a gamble on a product or service, and how many people did you hire. Have you ever had to make payroll at the end of the week?Someone invents a product that benefits millions of people. Millions of people buy his product and he is fully entitled to the economic rewards he reaps. This person couldn't possibly market, manufacture and ship his product all by himself, so he hires people to do that for him. Aren't those people entitled also to the fruits of their labor?
Sorry to say if you have any type of retirement account you are part of wall street. When companies and the stock market does good your portfolio look a lot betterWage stagnation is not limited to this industry. It’s actually been flat for about everyone except Wall Street and your corporate types.
The problem I have with this statement is at the end of the day what responsible does the employee have to the company? Other than punching and doing their job correctly. Please tell us all how many weeks you did not get a paycheck, took a gamble on a product or service, and how many people did you hire. Have you ever had to make payroll at the end of the week?
Jeff Bezos salary in 2017 was around $82,000, but because he owns 80 million shares of Amazon stock you want to say he's a greedy CEO. What if his company tanked. Just look what happened to Mark Zuckerburg back in July he lost $15B yes that billion in one day.
You as an employee are entitled to the fruit of YOUR labor which is you paycheck and if you think you are not getting paid enough well you are free to leave and look for better employment else where
You have the right to go elsewhere is true but tired. You founded the company and put your neck on the line. True but tired.I did say that he is fully entitled to the economic rewards he reaps, so in part, I somewhat agree with your statement. Let's look at it another way. Most employees work hard every day, which in turn improves the financial position of a company. As the company's position improves, upper management takes a portion of that money in increased compensation packages. Shareholders also take their cut. All fine by me as both have invested either their time and efforts or their money in support of the company. How much they receive is defined by their contracts with the company and their rewards are generally tied to the company's financial performance. If the company does well, so do they. Bonuses are often included in that contract. So, their benefits are also defined by that contract.
Salaried or hourly workers are defined only by whatever terms the company deems proper. There are no guarantees and despite the company's financial prosperity, which is a direct result of the efforts of the people who do the work, there are no guarantees that those workers will be rewarded for their efforts. Annual raises usually reflect increases in the cost of living, so I would argue that our annual raise is simply a feel good measure to keep us distracted. XPO's financials have been off the charts since the takeover and we are still receiving the same compensation as we were before the takeover. The 2.00 raise in 2015 was simply a thinly disguised effort to deter organization.
Your comment that we are free to leave and seek better employment sounds fine on paper, except, where do we go when every company seems to be offering similar compensation for the work we do. It seems that only union companies have first rate health care and defined wage increases. YRC may be one exception and that's because the company was run into the ground by poor management and their financial statements dictated the givebacks were necessary.
I don't know about you, but I don't expect these companies to become benevolent any time soon. The only way they will put people ahead of profit is if we force them to do so. I think you may agree that none of these companies are going broke and what we're asking for won't kill them either.
Well I was kinda hoping that you would answer the questions I ask, but in those 4 paragraphs you didn't answer one.I did say that he is fully entitled to the economic rewards he reaps, so in part, I somewhat agree with your statement. Let's look at it another way. Most employees work hard every day, which in turn improves the financial position of a company. As the company's position improves, upper management takes a portion of that money in increased compensation packages. Shareholders also take their cut. All fine by me as both have invested either their time and efforts or their money in support of the company. How much they receive is defined by their contracts with the company and their rewards are generally tied to the company's financial performance. If the company does well, so do they. Bonuses are often included in that contract. So, their benefits are also defined by that contract.
Salaried or hourly workers are defined only by whatever terms the company deems proper. There are no guarantees and despite the company's financial prosperity, which is a direct result of the efforts of the people who do the work, there are no guarantees that those workers will be rewarded for their efforts. Annual raises usually reflect increases in the cost of living, so I would argue that our annual raise is simply a feel good measure to keep us distracted. XPO's financials have been off the charts since the takeover and we are still receiving the same compensation as we were before the takeover. The 2.00 raise in 2015 was simply a thinly disguised effort to deter organization.
Your comment that we are free to leave and seek better employment sounds fine on paper, except, where do we go when every company seems to be offering similar compensation for the work we do. It seems that only union companies have first rate health care and defined wage increases. YRC may be one exception and that's because the company was run into the ground by poor management and their financial statements dictated the givebacks were necessary.
I don't know about you, but I don't expect these companies to become benevolent any time soon. The only way they will put people ahead of profit is if we force them to do so. I think you may agree that none of these companies are going broke and what we're asking for won't kill them either.
I will take a stab at your first question. As Chairman and Chief Executive Officer at XPO LOGISTICS INC, Bradley S. Jacobs made $1,384,021 in total compensation. Of this total $625,000 was received as a salary, $750,000 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $9,021 came from other types of compensation. I think at this point making payroll is probably not a major problem.Well I was kinda hoping that you would answer the questions I ask, but in those 4 paragraphs you didn't answer one.
"Your comment that we are free to leave and seek better employment sounds fine on paper, except, where do we go when every company seems to be offering similar compensation for the work we do"
Well why don't you go work for UPS you are always talking highly of them and from what everyone says the compensation is way higher then ours.
The problem I have with this statement is at the end of the day what responsible does the employee have to the company? Other than punching and doing their job correctly. Please tell us all how many weeks you did not get a paycheck, took a gamble on a product or service, and how many people did you hire. Have you ever had to make payroll at the end of the week?
Well I was kinda hoping that you would answer the questions I ask, but in those 4 paragraphs you didn't answer one.
"Your comment that we are free to leave and seek better employment sounds fine on paper, except, where do we go when every company seems to be offering similar compensation for the work we do"
Well why don't you go work for UPS you are always talking highly of them and from what everyone says the compensation is way higher then ours.
I don't envy the rich. I don't pity the poor.If you want to help the little man I’m all for it but if it’s more about resenting the rich I’m not down with that at all. If we fall prey to acting out of resentment it will not be long until we are in Solzhenitsyn’s Gulag Archipelago
As far as wage stagnation, I think that has a whole lot to do with the introduction in mass of women to the workforce.(this may come across misogynistic but I don’t mean it that way). If you view labor as a commodity what happens when you double the abundance of a commodity? The value goes down. From the 50’s to the 80’s we doubled the size of the workforce by integrating women, again not a bad thing but a supply and demand hypothesis would hold true on this. This is kind of off topic but really it’s not. I will disclaim this by saying I am not an economist so I could be completely wrong. I could cite economists who argue both sides of this issue but it just seems logical to me.
Congrats to the drivers in South Plainfield and West Chester....We are pulling for you guys.
And I can assure you we would be losing everything if not for the [presence] of the Teamsters.
Most of you guys dont realize what could be happening without union presence OR, more importantly what WILL happen if the Teamsters go away. Pray that doesn't happen.
They finally decide to give a little to stave off the union movement and ease the driver shortage and your easily impressed.
Your welcome by the way.
You be losing more if it weren’t for the efforts of some . Nuff said.
The amount of terminals who have had a successful union drive is irrelevant.