FedEx Pilots Ratify Contract

Share this content:
Federal Express Corp. and the FedEx Pilots Association, Memphis, announced late last week that the union's membership has ratified its five-year collective bargaining agreement, which takes effect on May 31.


FPA members, who threatened to strike last year during the critical holiday season but settled on a 60-day moratorium that precluded this possibility, received a contract Jan. 4 and had 30 days to vote on it.


The contract gives the pilots a 17 percent average wage increase over five years and a 3.4 percent average annual increase. Also, pilots receive enhanced retirement benefits and direct input on scheduling issues The five-year contract also prevents a labor strike anytime during that time period.


"The vote affirms our pilots' commitment to serving our customers," said Ted Weise, FedEx president/CEO in a statement. "This contract keeps our pilots' compensation package competitive with peers at the major airlines, and it recognizes the vital contributions they provide in maintaining FedEx's leadership position in our industry."
close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above