YRCW carriers have a HUGE wage and benefits differential from ABF who is still paying full NMFA scale! I crunched the numbers and came up with a total yearly difference of at least $23,462.40 a year (based on a flat 40 hours a week) at city driver/local cartage wage. Check this out...
ABF City Driver (Central States Supplement, Ohio Rider)
Wages
Hourly $23.21
Weekly $928.40
Monthly $4023.06
Yearly $48276.80
H&W (effective 8-1-09)
Weekly $271.70
Monthly $1177.37
Yearly $14128.40
Pension
Daily $60.80
Weekly $304.00
Monthly $1317.33
Yearly $15808.00
Total Wages & Benefits $78,213,20
YRCW City Driver (Central States Supplement, Ohio Rider)
Wages (reduced from NMFA scale by 15% per the MOU)
Hourly $19.73
Weekly $789.20
Monthly $3419.87
Yearly $41038.40
H&W (only 20 cents of the 40 cents 8-1-09 increase per the MOU)
Weekly $263.70
Monthly $1142.70
Yearly $13712.40
Pension (18 month suspension of pension contributions per
the MOU. Was supposed to be $304.00 per week effective with the .60 per hour increase on 8-1-09)
Daily $0
Weekly $0
Monthly $0
Yearly $0
Total Wages & Benefits $54750.80
YEARLY DIFFERENCE BETWEEN YRCW CITY DRIVER AND ABF CITY DRIVER TOTAL COMPENSATION IS A MINIMUM (40 HOURS A WEEK) OF...
Yearly $23462.40
Monthly $1955.20
Weekly $451.20
Hourly $11.28
We've given all we can give! Now it's up to YRCW execs to keep the banks and bondholders happy by running this company the RIGHT way! Hang on! It's gonna be a really bumpy ride the next 14 months!