BASE WAGE & FRINGE BENEFIT RATES FOR IRON WORKERS LOCAL UNION NO. 482

Wage rates effective the first full pay period on or after June 1, 2016 thru May 31, 2017.

JOURNEYMAN WAGE RATES

BASE WAGE

$22.15

PENSION FUND

$2.00

RETIREMENT PLAN

$0.55

HEALTH BENEFIT FUND

$3.15

APPRENTICE TRAINING FUND

$0.45

VACATION FUND

$0.00

IMPACT

$0.17

TIWEA

$0.02

TOTAL WAGE PACKAGE

$28.49

 

NOTE:    FOREMAN BASE WAGE = $23.40

                GENERAL FOREMAN BASE WAGE = $24.40

                SUPERINTENDENT BASE WAGE = $25.15

 

APPRENTICE WAGE RATES

1ST PERIOD (65% OF JOURNEYMAN BASE WAGE)

$14.40

2ND PERIOD (70% OF JOURNEYMAN BASE WAGE)

$15.51

3RD PERIOD (75% OF JOURNEYMAN BASE WAGE)

$16.61

4TH PERIOD (80% OF JOURNEYMAN BASE WAGE)

$17.72

5TH PERIOD (85% OF JOURNEYMAN BASE WAGE)

$18.83

6TH PERIOD (90% OF JOURNEYMAN BASE WAGE)

$19.94

 

*The hourly contribution rates on Apprentices shall be the same as Journeyman EXCEPT for the PENSION FUND CONTRIBUTION shall be at an hourly rate of $1.00.

OTHER INFORMATION

BENEFITS: Paid on hours worked.

WORKING ASSESSMENTS: Four & ½ Percent (4 ½%) of gross wages. To be taken out of each employees payroll check.

SUPPLEMENTAL DUES: Twenty-two cents ($.22) per hour. To be taken out of each employees payroll check.

*FUTURE INCREASES*:  On June 1, 2017 & June 1, 2018, there will be an increase of $.50 (TBD whether it will go to the wage rate or benefits).


















































































































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