When it comes to location, the highest average paycheck (around $79K per year) can be spotted in the company's headquarter city of Memphis, Tenn.; Harrison, Ark. ($79K), Atlanta, Ga. ($64K), and Akron, Ohio ($62K) are the next top-paying cities. At approximately $45K, Shreveport, La. is home to some of the lowest pay in the country. Within the company, workers earn the highest salaries (an average of about $79K annually) in Arkansas.
Bringing in the most money are Service Center Managers — their earnings average $83K per year. Tractor-Trailer Drivers are a close second at approximately $71K along with Operations Managers (around $70K) and Operations Supervisors ($52K).
Years of Experience
Workers who have been with the company for more than one year but less than five can make about $50K annually on average. Survey participants who have worked at FedEx Freight for between five and 10 years earn $58K per year on average. The greater proportion of employees (31 percent) report 20 years or more of experience and bring home median pay of approximately $69K annually.
Certifications and Degrees
Those lacking certification bring in much lower salaries than Class A Commercial Driver License Holders, who make $68K per year. On average, salaries rise to $67K annually for accredited OSHA Forklift Operator Certifications. Employees who have a Bachelor of Business Administration (BBA) make the most here, hauling in $63K per year.
The highest-paying skill in this position seems to be Commercial; individuals who report it as part of the repertoire have a median income of around $71K annually. A garden variety skill at FedEx Freight is Operations Management; over a third of FedEx Freight's people use it regularly. Leadership, People Management, and Safety Compliance round out the set of key employee skills.
With a more than 3 to 1 male-to-female ratio, men represent the better half of FedEx Freight's employees who responded to the survey.
Benefits and Perks
As part of compensation, FedEx Freight gives paid vacation to two-fifths of workers and paid sick leave to a sixth of respondents. It's easy to build up retirement reserves here with programs such as a 401(k) plan and a company pension plan. At FedEx Freight, a large number of respondents have health insurance, and a large number of employees have dental coverage. Employees can also look forward to life insurance, stock options, and a stock purchase plan.