Home / FedEx / FedEx to resume retirement matches, lift merit pay freeze Jan. 1 (Memphis Commercial Appeal)

FedEx to resume retirement matches, lift merit pay freeze Jan. 1 (Memphis Commercial Appeal)

FedEx will resume contributing to employee retirement accounts and lift a freeze on merit pay Jan. 1, reversing a pair of austerity measures put in place a year earlier.Citing modest improvement in the economy, growing shipping volumes and generally healthier business, FedEx officials said they’ll restore half the company’s match of 401(k) retirement fund contributions for most employees …

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