Share

Railroad Contract: What if Our Contract Mirrored Their Raise?

HuffPost shares some details on the impending national railroad strike in Possible Nationwide Rail Strike Is Already Impacting Travelers….

The railroads have reached tentative agreements with most of their unions, including a ninth deal announced Tuesday, based on the recommendations of a Presidential Emergency Board Joe Biden appointed this summer that called for 24% raises and $5,000 in bonuses in a five-year deal that’s retroactive to 2020. The deal also includes one additional paid leave day a year and higher health insurance costs.

So what would these terms look like if they were reflected in our next national agreement.  Let’s look at just the raises.

Temp starting wage: 16.67 x 24% = $4.00.  Wage after five year agreement: $20.67

Traditional wage:$31.37 x 24% = $7.52.  Wage after five year agreement $38.89

Of course, Traditional wage earners will be receiving their 3% negotiated raise effective next Monday 9/19/22.  That brings the Traditional wage to $32.32.  Let’s run the numbers.

$32.32 x 24% = $7.75.  Wage after five year agreement $40.07

Would you accept such a raise or demand more?

Free Cliparts Wage Increase, Download Free Cliparts Wage Increase png ...

(graphic via clipart-library.com)