this post was submitted on 19 May 2025
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I cannot impress upon you all how much I loathe FedEx. I feel like they go out of their way to mess things up.
It's amazing the difference a union makes for customer satisfaction isn't it?
Note: USPS & UPS are both unionized.
UPS - Union, drivers are the MOST senior positions and get about $150k a year (I think they're hourly? With really really really good holiday and OT) with great benefits (afaik). Everything is insured, and drivers are generally held to incredibly high standards.
FedEx - ground delivery drivers are not union. They aren't even employees. They're independent contractors so that FedEx can save money with MINIMAL liability. Drivers own their own route and trucks, and have to pay for everything. It's basically a mini franchise and you do not make very much, there are no benefits.
These companies are NOT the same at all.
There was a woman in her late 30s in one of my college classes back in 1999. She was a driver for UPS, and had nearly 20 years worth stock options. UPS went public that year, and her stock options were converted to Class A common stock. She decided to hang onto her shares. I found out a couple of years ago that she signed up for a DRIP (Dividend Reinvestment Plan), and will retire a millionaire.