STDF.MSP.honestlogs
TB Lurker
- Credits
- 2
Management was here selling " we are not sure how we will pay for wages and benefits we have agreed to".
How can they come up with $502,000 for 502 Teamsters on March 6, 2017?
I would rather have a .50 cent raise. 55 hour work week x .50 cents is $31.25
Times 502 Teamsters is $15,687.5 pay for week one. Management would spread out the pay,
$502,000 divided by $15687.5 = 32 weeks to pay up the same amount of money.
I conclude they can come up with the money.
How many hours per week do you work? I work about 55
55 hours per week x .50 with overtime is $31.25x50 weeks=$1562.5+two weeks vacation 90 hours $45 or
$1607.5 per year in wages.
Year 2 the wage increase is the same plus I get to keep the raise from year one for total $3215 more
In 2016 than I earned in 2014.
Year 3
55 hour work week is 40 hours straight time plus 15 hours time and 1/2 = 22.5 hours straight time pay.
62.5x 50 weeks = 3125 hours straight time pay. Add 90 hours vacation pay, and you have the equivalent
Of 3215 hours pay per year.
$1000 divided by 3215= .31 cents per hour.
The real bonus ( for the company) is the $1000 is one time you will never get another penny.
I want a raise, the bonus is for management not us.
Casual days and holidays
Each day off cost $19.54x8= 156.32
The same number of hours for equivalent pay $156.32 divided by 3215= 4.86 cents per hour
502 Teamsters X $156.32= $66,339.3 per year cost for each additional day off.
I have earned 5 paid casual days 10 holidays.
Vacation
45 hour pay is not the same as management.
When management takes a week off they get a weeks pay.
Health & welfare
55 hour work week x 50 weeks plus 90 hours vacation= equivalent 2840 hours
$311.70 per week x 52 weeks =$16208.4 divide by 2840 = $5.71 per hour
Pension
$165 per week x52 weeks =$8580 divided by 2840 = $3.02 per hour.
The Teamster negotiators and Teamster International VP Gordon Sweeten (via voice mail) are hard selling this contract.
My conclusion
The bonus is an automatic NO. I want a raise that will pay me every year going forward.
Not a one time payment.
How can they come up with $502,000 for 502 Teamsters on March 6, 2017?
I would rather have a .50 cent raise. 55 hour work week x .50 cents is $31.25
Times 502 Teamsters is $15,687.5 pay for week one. Management would spread out the pay,
$502,000 divided by $15687.5 = 32 weeks to pay up the same amount of money.
I conclude they can come up with the money.
How many hours per week do you work? I work about 55
55 hours per week x .50 with overtime is $31.25x50 weeks=$1562.5+two weeks vacation 90 hours $45 or
$1607.5 per year in wages.
Year 2 the wage increase is the same plus I get to keep the raise from year one for total $3215 more
In 2016 than I earned in 2014.
Year 3
55 hour work week is 40 hours straight time plus 15 hours time and 1/2 = 22.5 hours straight time pay.
62.5x 50 weeks = 3125 hours straight time pay. Add 90 hours vacation pay, and you have the equivalent
Of 3215 hours pay per year.
$1000 divided by 3215= .31 cents per hour.
The real bonus ( for the company) is the $1000 is one time you will never get another penny.
I want a raise, the bonus is for management not us.
Casual days and holidays
Each day off cost $19.54x8= 156.32
The same number of hours for equivalent pay $156.32 divided by 3215= 4.86 cents per hour
502 Teamsters X $156.32= $66,339.3 per year cost for each additional day off.
I have earned 5 paid casual days 10 holidays.
Vacation
45 hour pay is not the same as management.
When management takes a week off they get a weeks pay.
Health & welfare
55 hour work week x 50 weeks plus 90 hours vacation= equivalent 2840 hours
$311.70 per week x 52 weeks =$16208.4 divide by 2840 = $5.71 per hour
Pension
$165 per week x52 weeks =$8580 divided by 2840 = $3.02 per hour.
The Teamster negotiators and Teamster International VP Gordon Sweeten (via voice mail) are hard selling this contract.
My conclusion
The bonus is an automatic NO. I want a raise that will pay me every year going forward.
Not a one time payment.