This is something that is never considered when making a comparison to peers at other carriers.
Sorry, I’m not sure I follow your logic . The raise we get annually are COLA (cost of living Adjustment). Nearly all companies give these raises to keep their pay in line with inflation. Companies do cause inflation through raising prices of goods or services rendered. Even Xpo has a hand in rising inflation. Yes, even if Xpo doesn’t give their employees raises they would still have to raise rates because other cost would still rise. If employees compensation did not keep up with market prices employers would find themselves without a satisfactory number of employees. In years of low inflation we have seen as low as 1.5 % COLA . companies are not required to give COLA ( unless under contract) but do so to remain competitive Or they would soon be out of business . Don’t confuse merit raises with COLA.
What's your O.R. % in 2023 vs say 5yrs ago?
I'll say that partly right. XPO could give no raise and there would be no mass quiting of employees. Yes some would walk but many would stay. To prove my point how many have stayed since you lost paid health insurance, pension plan, and bonuses just to name a few. Yet you job responsible have increased. I know a few that are just there to get to the rule of 85 to get their couple hundred dollars a month. Each company is trying to out do the other and attract new drivers and to maybe pull some out of other carriers. You get what you pay for and when you do a flat across the board low raise you get flat low quality employees.
It come down to is the amount of work and responsible worth what they are paying.
You show me ONE item that only went up in price by 3.5%.
Yes, this is 100% factual . Most people don’t know this but UPS drivers get an inflation bump in their schedule contractual pay raise if inflation is at a certain benchmark for the year. Example if they are scheduled to get a raise in their 2nd year of their contract the contract let’s say $1.00 raise if inflation is above a certain amount that raise goes up Pretty cool huh ? But,they’re a union shop with workers that stick together. We are non union by majority choice and that’s that. I don’t think it’s is fair to compare us to UPS. Most of us have accepted that we are a non union company and that how it will remain.
They get that great hourly pay , PLUS PLUS Cadillac ins & a pension . A friend of mine having retired from UPS I think 8 years ago collects $4,800 a month pension .
My logic, OK. Before I go further I want to first talk about the term, COLA. That's what we assume these raises are, although I don't ever remember a company rep. calling them that. I think it's more accurate to say we get raises because our competition gets raises and the company wants to retain it's base of talent. Regarding companies causing inflation, I think price hikes are not the cause, rather the symptom which you indirectly point to when you said regarding XPO operating costs, "they would still have to raise rates because other cost would still rise." To say companies cause inflation is to oversimplify the problem. The facts are companies raise prices in response to inflation which is caused by irresponsible monetary policy(continued spending and printing of money), and in this special case, increased consumer demand resulting from COVID era giveaways, the inaptly named, 1.9T Inflation Reduction Act, and an out of control fed raising the prime rate to control the artificially generated rate of economic growth. As to the rest of your post, I agree. There aren't merit raises, at least not for hourly as they are mostly for management in the form of bonuses. And I never stated we get a raises out of generosity, so I agree with your last sentence also.
: they keep adding to drivers duties. The federal regs, cameras in your face, and digital tracking on MM, stop per hr, and location. Working in freezer or sweat shop docks. You guys should have gotten at 6+
Also forgot about not being paid shift differential pay like the dockworkerGot to say if all the drivers got was 4% then that sucks. With all the add :::
did you guys get the raises ? It went dead a month ago
cool 4% for drivers is great as this years goes.
No, no it's not.
