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, 2010 THROUGH DECEMBER 31, 2010 |
| 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% | $32.16 | $5.00 | $3.47 | $0.40 | $0.03 | $1.26 | $0.54 | $0.21 | $0.19 | $1.23 | $44.49 | $3.22 | $1.00 |
| Foreman | 110% | $35.38 | $5.00 | $3.47 | $0.40 | $0.03 | $1.26 | $0.54 | $0.21 | $0.19 | $1.33 | $47.81 | $3.22 | $1.00 |
| Gen. Foreman | 120% | $38.59 | $5.00 | $3.47 | $0.40 | $0.03 | $1.26 | $0.54 | $0.21 | $0.19 | $1.43 | $51.12 | $3.22 | $1.00 |
| 1st Year Apprentice | 50% | $16.08 | $5.00 | $1.74 | $0.20 | $0.03 | $0.63 | $0.27 | $0.11 | $0.19 | $0.69 | $24.94 | $1.61 | $0.50 |
| 2nd Year Apprentice | 60% | $19.30 | $5.00 | $2.08 | $0.24 | $0.03 | $0.76 | $0.32 | $0.13 | $0.19 | $0.80 | $28.85 | $1.93 | $0.60 |
| 3rd Year Apprentice | 70% | $22.51 | $5.00 | $2.43 | $0.28 | $0.03 | $0.88 | $0.38 | $0.15 | $0.19 | $0.91 | $32.76 | $2.25 | $0.70 |
| 4th Year Apprentice | 80% | $25.73 | $5.00 | $2.78 | $0.32 | $0.03 | $1.01 | $0.43 | $0.17 | $0.19 | $1.02 | $36.68 | $2.58 | $0.80 |
| Classified Worker | 45% | $14.47 | $5.00 | $1.56 | $0.03 | $0.57 | $0.24 | $0.09 | $0.19 | $22.15 | $1.45 | $0.45 | ||
| Classified Worker | 50% | $16.08 | $5.00 | $1.74 | $0.03 | $0.63 | $0.27 | $0.11 | $0.19 | $24.05 | $1.61 | $0.50 | ||
| Classified Worker | 60% | $19.30 | $5.00 | $2.08 | $0.03 | $0.76 | $0.32 | $0.13 | $0.19 | $27.81 | $1.93 | $0.60 | ||
| Classified Worker | 70% | $22.51 | $5.00 | $2.43 | $0.03 | $0.88 | $0.38 | $0.15 | $0.19 | $31.57 | $2.25 | $0.70 | ||
| Classified Worker | 80% | $25.73 | $5.00 | $2.78 | $0.03 | $1.01 | $0.43 | $0.17 | $0.19 | $35.34 | $2.58 | $0.80 | ||
| Classified Worker | 90% | $28.94 | $5.00 | $3.12 | $0.03 | $1.13 | $0.49 | $0.19 | $0.19 | $39.09 | $2.90 | $0.90 | ||
| Material Handler | 40% | $12.86 | $5.00 | $0.03 | $17.89 | $1.29 | ||||||||
| Haz-Mat Pay | $3.75 |