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Spur said:Revenues mean jack sh!t. You could have 10 TRILLION in revenue and still go bankrupt if your expenses are greater. You need to look at the income number to figure the % of that to the raise...
So figure $300 mil income a quarter, $1.2 billion annual (just a guess) that puts a $300 mil raise (including Echopapas factor) at 25% of Fedexs income. That aint loose change... It may be achievable, but lets be realistic in what it actually will cost the company in what discretionary spending they have...
klhoard said:.
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So then I will see all of you at 7:45 am at the Agri-Center parking lot - with your hats on??
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Either way, I think your point is still vailid, even if we double the amount of cost per employee we are still looking at only 1.2% versus .6%.....they can still afford it.