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Wages & Fringe Benefits

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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 – JANUARY 1, 2016 THROUGH JUNE 30, 2016


ClassificationPercentWageH&WLocal
Pension
IFUSDrug
Test
Local
Training
National
Pension
Employer
401(k)
National
Funds
SASMITotal
Package
Working
Assessment
Vacation
Fund
Journeyman100%$31.10$7.49$4.66$0.50$0.03$1.44$0.54$0.21$0.19$1.32$47.48$1.20$1.00
Foreman110%$34.39$7.49$4.66$0.50$0.03$1.44$0.54$0.21$0.19$1.32$50.77$1.20$1.00
Gen. Foreman120%$37.67$7.49$4.66$0.50$0.03$1.44$0.54$0.21$0.19$1.32$54.05$1.23$1.00
1st Year Apprentice50%$14.68$7.49$2.33$0.25$0.03$0.72$0.27$0.11$0.19$0.75$26.82$0.60$0.50
2nd Year Apprentice60%$17.96$7.49$2.80$0.30$0.03$0.86$0.32$0.13$0.19$0.86$30.94$0.72$0.60
3rd Year Apprentice70%$21.25$7.49$3.26$0.35$0.03$1.01$0.38$0.15$0.19$0.98$35.09$0.84$0.70
4th Year Apprentice80%$24.53$7.49$3.73$0.40$0.03$1.15$0.43$0.17$0.19$1.09$39.21$0.96$0.80
Classified Worker45%$13.03$7.49$2.10$0.03$0.65$0.24$0.09$0.19$23.82$0.54$0.45
Classified Worker50%$14.68$7.49$2.33$0.03$0.72$0.27$0.11$0.19$25.82$0.60$0.50
Classified Worker60%$17.96$7.49$2.80$0.03$0.86$0.32$0.13$0.19$29.78$0.72$0.60
Classified Worker70%$21.25$7.49$3.26$0.03$1.01$0.38$0.15$0.19$33.76$.084$0.70
Classified Worker80%$24.53$7.49$3.73$0.03$1.15$0.43$0.17$0.19$37.72$0.96$0.80
Classified Worker90%$27.82$7.49$4.19$0.03$1.30$0.49$0.19$0.19$41.70$1.08$0.90
Material Handler40%$11.39$7.49$0.03$18.91$0.48
Haz-Mat Pay$3.75