Wages & Fringe Benefits |
Definitions• Taxable Base Rate- The hourly pay rate on the employees check.• H W- Health and welfare. This plan covers the employee and all dependants. It is administered by a committee comprised of labor and management. • Loc Pen- Local pension plan. Provides your employees with the security of the knowledge that they will live their retirement years in comfort. It is administered by a committee comprised of labor and management. • Nat Pen- National pension plan. It is administered by national SMACNA and SMWIA. • 401K- This is an employer 401K that your employees have the option of contributing additional monies on their own. Provides your employees with a supplemental form of retirement that will increase their standard of living. It is administered by a committee comprised of labor and management. • SASMI- Stabilization of the sheet metal industry. This fund contributes to employee welfare in times of economic hardships. • IFUS- Industry fund. Promotion of the sheet metal industry. • Local appr trg- This fund covers costs involved in training and upgrading the skills of your employees. It is administered by a committee comprised of labor and management. • Schlr fund, ITI, NEMI, SMOHI- Provides for college scholarships, Text books, and research on chronic health risks your employees are exposed to on the job. |
WAGE MATRIX – JULY 1, 2011 THROUGH JUNE 30, 2012 |
| Classification | Percent | Wage | H&W | Local Pension | IFUS | Drug Test | Local Training | National Pension | Employer 401(k) | National Funds | SASMI | Total Package | Working Assessment | Vacation Fund |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Journeyman | 100% | $31.66 | $5.35 | $3.62 | $0.40 | $0.03 | $1.26 | $0.54 | $0.21 | $0.19 | $1.23 | $44.49 | $2.72 | $1.00 |
| Foreman | 110% | $34.83 | $5.35 | $3.62 | $0.40 | $0.03 | $1.26 | $0.54 | $0.21 | $0.19 | $1.33 | $47.76 | $2.72 | $1.00 |
| Gen. Foreman | 120% | $37.99 | $5.35 | $3.62 | $0.40 | $0.03 | $1.26 | $0.54 | $0.21 | $0.19 | $1.43 | $51.02 | $2.72 | $1.00 |
| 1st Year Apprentice | 50% | $15.83 | $5.35 | $1.81 | $0.20 | $0.03 | $0.63 | $0.27 | $0.11 | $0.19 | $0.70 | $25.12 | $1.36 | $0.50 |
| 2nd Year Apprentice | 60% | $19.00 | $5.35 | $2.17 | $0.24 | $0.03 | $0.76 | $0.32 | $0.13 | $0.19 | $0.81 | $29.00 | $1.63 | $0.60 |
| 3rd Year Apprentice | 70% | $22.16 | $5.35 | $2.53 | $0.28 | $0.03 | $0.88 | $0.38 | $0.15 | $0.19 | $0.91 | $32.86 | $1.90 | $0.70 |
| 4th Year Apprentice | 80% | $25.33 | $5.35 | $2.90 | $0.32 | $0.03 | $1.01 | $0.43 | $0.17 | $0.19 | $1.02 | $36.75 | $2.18 | $0.80 |
| Classified Worker | 45% | $14.25 | $5.35 | $1.63 | $0.03 | $0.57 | $0.24 | $0.09 | $0.19 | $22.35 | $1.22 | $0.45 | ||
| Classified Worker | 50% | $15.83 | $5.35 | $1.81 | $0.03 | $0.63 | $0.27 | $0.11 | $0.19 | $24.22 | $1.36 | $0.50 | ||
| Classified Worker | 60% | $19.00 | $5.35 | $2.17 | $0.03 | $0.76 | $0.32 | $0.13 | $0.19 | $27.95 | $1.63 | $0.60 | ||
| Classified Worker | 70% | $22.16 | $5.35 | $2.53 | $0.03 | $0.88 | $0.38 | $0.15 | $0.19 | $31.67 | $1.90 | $0.70 | ||
| Classified Worker | 80% | $25.33 | $5.35 | $2.90 | $0.03 | $1.01 | $0.43 | $0.17 | $0.19 | $35.41 | $2.18 | $0.80 | ||
| Classified Worker | 90% | $28.49 | $5.35 | $3.26 | $0.03 | $1.13 | $0.49 | $0.19 | $0.19 | $39.13 | $2.45 | $0.90 | ||
| Material Handler | 40% | $12.66 | $5.35 | $0.03 | $18.04 | $1.09 | ||||||||
| Haz-Mat Pay | $3.75 |