From $15 to $35The copays are going up 30% on copays for ppo ? Well maybe you can offset that with mass transit savings program.
I hope they did not go up that much that would suck .
From $15 to $35The copays are going up 30% on copays for ppo ? Well maybe you can offset that with mass transit savings program.
I hope they did not go up that much that would suck .
I never had $15 copay mine was $35 this year. Next year it will be $45 for an office visit hence the 30% increase or $10 for the mathmaticaly challenged.From $15 to $35
That sucksI never had $15 copay mine was $35 this year. Next year it will be $45 for an office visit hence the 30% increase or $10 for the mathmaticaly challenged.
Not sure why their asking for anything from you if their supposedly making record profits. I truly hope it works out in the positive for you that would be good.(I posted this on another thread but I'll repost it here in the appropriate thread for all the guys that say "they just give us a raise and then take it back in the fall")
We got a 2.5% raise this year the insurance went up $2-$8 depending on plan plus they doubled contribution to 4% so actually I got a 4.5% raise. I'll take that. Some of us can do math but for those who can't. Make $100k plus 4.5% means you got a raise of $4500, take $8 a week extra for insurance means they took back $416. I think we did ok with that extra $4086. (I realize some don't make what I make as a linehaul driver but you can do the math for yourself with your own wages I bet it still works out in your favor.)
That wasn't your first response now was it? The first thing you said is "why do they give you a raise is they're just gonna take it back". So now that we've done the equation and it turns out we still got a raise you say "why do they need to take anything back since we're making record profits?"Not sure why their asking for anything from you if their supposedly making record profits.
Could beThat wasn't your first response now was it? The first thing you said is "why do they give you a raise is they're just gonna take it back". So now that we've done the equation and it turns out we still got a raise you say "why do they need to take anything back since we're making record profits?"
As to your second response I really don't know but I assume they have a certain percentage of the bottom line they want to keep insurance costs to the company at so as insurance costs went up the percentage we pay of it went up commensurately.
I’m not sure if your 401k match figures into your cola but you can certainly do it if you want to look at it that way.(I posted this on another thread but I'll repost it here in the appropriate thread for all the guys that say "they just give us a raise and then take it back in the fall")
We got a 2.5% raise this year the insurance went up $2-$8 depending on plan plus they doubled contribution to 4% so actually I got a 4.5% raise. I'll take that. Some of us can do math but for those who can't. Make $100k plus 4.5% means you got a raise of $4500, take $8 a week extra for insurance means they took back $416. I think we did ok with that extra $4086. (I realize some don't make what I make as a linehaul driver but you can do the math for yourself with your own wages I bet it still works out in your favor.)
It's extra money in your total benefits package. For a guy who is always talking about getting better benefits, well we just got some and I hear crickets.I’m not sure if your 401k match figures into your cola but you can certainly do it if you want to look at it that way.
I think it’s a definite step in the right direction with the 401k and I applaud it . What they were offering before this was pitiful. If you got the impression I wasn’t you were mistaken. I just don’t get the insurance thing .It's extra money in your total benefits package. For a guy who is always talking about getting better benefits, well we just got some and I hear crickets.
And that is direct dollars in an account with your name on it, so yes I consider that income. The government is gonna tax it as income when I withdraw it
Do you get matched dollar for dollar or is there a cap?It's extra money in your total benefits package. For a guy who is always talking about getting better benefits, well we just got some and I hear crickets.
And that is direct dollars in an account with your name on it, so yes I consider that income. The government is gonna tax it as income when I withdraw it
(I posted this on another thread but I'll repost it here in the appropriate thread for all the guys that say "they just give us a raise and then take it back in the fall")
We got a 2.5% raise this year the insurance went up $2-$8 depending on plan plus they doubled contribution to 4% so actually I got a 4.5% raise. I'll take that. Some of us can do math but for those who can't. Make $100k plus 4.5% means you got a raise of $4500, take $8 a week extra for insurance means they took back $416. I think we did ok with that extra $4086. (I realize some don't make what I make as a linehaul driver but you can do the math for yourself with your own wages I bet it still works out in your favor.)
Employees hired after 1/1/2010 will get 100% match up to first 3% contributed and 50% match for the next 2% contributed.Do you get matched dollar for dollar or is there a cap?
Whatever reason that Xpo improved their 401k is a step in the right direction. Pressure from union activity , competition or out of the kindness of their hearts it’s an improvement.Employees hired after 1/1/2010 will get 100% match up to first 3% contributed and 50% match for the next 2% contributed.
It's better than nothing I guess. After the company susupended the pension, we were told we'd get to the yearly contribution plus a .50 match up to 6%.Whatever reason that Xpo improved their 401k is a step in the right direction. Pressure from union activity , competition or out of the kindness of their hearts it’s an improvement.
It's extra money in your total benefits package. For a guy who is always talking about getting better benefits, well we just got some and I hear crickets.
And that is direct dollars in an account with your name on it, so yes I consider that income. The government is gonna tax it as income when I withdraw it
A change in benefits is considered a raise? That's called fuzzy math. Any improvements in the benefit package is a definite step in the right direction totally agree.
Whatever reason that Xpo improved their 401k is a step in the right direction. Pressure from union activity , competition or out of the kindness of their hearts it’s an improvement.