Quote:
Originally Posted by BonzoHansen
It's guys like you & the union guys & the full time guys I was mostly referring to about 'total compensation', ie retirement & healthcare. From an accounting point of view, you probably 'make' 20% more then that. And that is good for you. An a lot of unions have fringe benefits via Credit Unions, Pension Plans, etc., like reduced loan costs - that is a nice perk too. In the big pic, that matters. Your pay is often more then the paycheck reflects.
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i know. our 'package' for a typical journeyman costs the GC about $100/hr, including vacation fund, annuity, benefits, retirement, etc. etc. we just got a credit union, through 102 actually. its not the greatest, but its something. used them when i bought my land in upstate NY. i was going to try for their mortgage but their rates were higher then a regular bank.
all this talk about money made me add up some numbers......doing it the yuppie way, i figured out i make over 70K/yr right now, going to just over 90K in sept. thats all without overtime. no one ever thinks of it in yearly terms because you barely take home 60% of it, and in this area youre lucky if you work a full year.