Freightmaster1
TB Legend
- Credits
- 606
Check out the numbers for yourself brothers and sisters! These numbers are for city driver wages in the Central Region (Ohio Rider) and Pension and H&W amounts into the Central States Pension and H&W Funds. Your amounts may differ in different states in the Central Region, and in other states in other plans across the country, but they'll be very similiar! I compared NMFA rates for companies like ABF to the YRC rates (based on a flat 40 hours per week)! Here we go..
ABF
------
Wages
-------
Hourly-$23.66
Daily-$189.28
Weekly-$946.40
Monthly-$4101.07
Yearly-$49212.80
H&W
------
Hourly-$6.84
Daily-$54.74
Weekly-$273.70
Monthly-$1186.03
Yearly-$14232.40
Pension
---------
Hourly-$8.55
Daily-$68.40
Weekly-$342.00
Monthly-$1482.00
Yearly-$17784.00
Total Compensation Cost At Full NMFA Rates (ABF) is $81,229.20 a year.
YRC
-------
Wages
-------
Hourly-$20.11
Daily-$160.88
Weekly-$804.40
Monthly-$3485.73
Yearly-$41828.80
H&W
--------
Hourly-$6.84
Daily-$54.74
Weekly-$273.70
Monthly-$1186.03
Yearly-$14232.40
Pension
---------
Hourly-$0
Daily-$0
Weekly-$0
Monthly-$0
Yearly-$0
Total Compensation Cost At YRC with the 15% wage cut and the pension contribution
suspension is $56061.20 a year.
DIFFERENCE IN COMPENSATION COST BETWEEN FULL NMFA RATES (ABF) AND YRC WITH WAGE AND PENSION CONCESSIONS IS...
Yearly-$25168.00
Monthly-$2097.33
Daily-$96.80
Weekly-$484.00
Hourly-$12.10
Remember that the above figures are very conservative estimates based on only a 40 hour week with no vacations, holidays, or overtime figured in. We only have to look at our pay stubs, and our pension accrual statements to see the real amounts. Let's hope the news on Wednesday isn't any worse than it already is!:TR10driving03:
ABF
------
Wages
-------
Hourly-$23.66
Daily-$189.28
Weekly-$946.40
Monthly-$4101.07
Yearly-$49212.80
H&W
------
Hourly-$6.84
Daily-$54.74
Weekly-$273.70
Monthly-$1186.03
Yearly-$14232.40
Pension
---------
Hourly-$8.55
Daily-$68.40
Weekly-$342.00
Monthly-$1482.00
Yearly-$17784.00
Total Compensation Cost At Full NMFA Rates (ABF) is $81,229.20 a year.
YRC
-------
Wages
-------
Hourly-$20.11
Daily-$160.88
Weekly-$804.40
Monthly-$3485.73
Yearly-$41828.80
H&W
--------
Hourly-$6.84
Daily-$54.74
Weekly-$273.70
Monthly-$1186.03
Yearly-$14232.40
Pension
---------
Hourly-$0
Daily-$0
Weekly-$0
Monthly-$0
Yearly-$0
Total Compensation Cost At YRC with the 15% wage cut and the pension contribution
suspension is $56061.20 a year.
DIFFERENCE IN COMPENSATION COST BETWEEN FULL NMFA RATES (ABF) AND YRC WITH WAGE AND PENSION CONCESSIONS IS...
Yearly-$25168.00
Monthly-$2097.33
Daily-$96.80
Weekly-$484.00
Hourly-$12.10
Remember that the above figures are very conservative estimates based on only a 40 hour week with no vacations, holidays, or overtime figured in. We only have to look at our pay stubs, and our pension accrual statements to see the real amounts. Let's hope the news on Wednesday isn't any worse than it already is!:TR10driving03: