Pros
The compensation and benefits package are very good, benefits better than most. The company has good core motives and does a lot for charity. There's a tuition assistance program that can pay for almost everything except parking and books. The mail order prescription plan can save you tons of money. There are airline discounts for regular part time and fulltime employees as well as many other discounts available. You can get a workout on the job while getting paid--because much of the entry level work is physical. We call it being an industrial athelete!
Kontras
The current high oil prices have me considering other employ, because of the negative affect it has had on other airlines recently. FedEx is heavily aircraft driven, which gives the cause for my concern. Upper management can be out of touch with lower level employees. The shiftwork can be demanding on family and social lives because FedEx is a 24 hour company. There are opportunities for advancement, but it may mean taking part-time work for a while in order to get a better full-time job.