FedEx To Start Giving Employees Wage Increases & Bonuses
MEMPHIS, Tenn. (AP) – FedEx says it’ll be giving wage increases, bonuses and make a voluntary $1.5 billion contribution to the company’s pension plan, citing recent tax reform legislation.
The package delivery company follows others doing the same, including Home Depot, Disney, Starbucks and Walmart.
FedEx Corp. said Friday that it’ll raise compensation by more than $200 million, with about two-thirds going to hourly workers by pushing up this year’s annual pay incr
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