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February 8, 2010
Wages
The new wage agreement features a 9% compounded general wage increase over the life of the contract for employees at top step.
3% 8/9/2009 at top of wage scale*
Retroactive to 8/9/2009 if ratified by March 5, 2010
3% 9/5/2010 at top of wage scale*
2.75% 9/4/2011 at top of wage scale*
Compounded Wage Increases
- While these increases add up to 8.75%, the effect on wages will be compounded as the second and third increases are applied to the wage which had already been increased in the prior year.
- For example, a weekly wage of $1000
a. Would rise to $1030 after the first increase.
b. In the second year, that $1030 would grow by another 3% to $1060.9, rounded to 1061.
c. In the third year, that $1061 would increase by 2.75% to $1090.17, rounded to $1090.
- The net increase in wages, then, is 9% from $1000 to $1090 per week over the term of the contract.
Examples:
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Annual Wages at top of progression in Zone A/Wage Area I
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Zone A / WA I
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Aug 3, 2008
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Aug 9, 2009
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Sept 5, 2010
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Sept 4, 2011
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WS 10
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$816.00
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$840.50
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$865.50
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$889.50
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WS 14
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$854.50
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$880.00
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$906.50
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$931.50
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WS 20
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$934.00
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$962.00
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$991.00
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$1018.50
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WS 23
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$950.50
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$979.00
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$1008.50
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$1036.00
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WS 27
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$978.00
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$1007.50
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$1037.50
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$1066.00
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WS 30
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$1115.00
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$1148.50
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$1183.00
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$1215.50
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WS 32
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$1163.50
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$1198.50
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$1234.50
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$1268.50
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Annual Wages at top of progression in Zone B/Wage Area II
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Zone B / WA II
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Aug 3, 2008
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Aug 9, 2009
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Sept 5, 2010
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Sept 4, 2011
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WS 10
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$796.00
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$820.00
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$844.50
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$867.50
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WS 14
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$844.00
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$869.50
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$895.50
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$920.00
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WS 20
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$908.00
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$935.00
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$963.00
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$989.50
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WS 23
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$940.00
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$968.00
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$997.00
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$1024.50
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WS 27
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$963.00
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$992.00
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$1022.00
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$1050.00
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WS 30
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$1091.50
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$1124.00
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$1157.50
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$1189.50
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WS 32
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$1136.00
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$1170.00
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$1205.00
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$1238.00
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Annual Wages at top of progression in Zone C
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Zone C
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Aug 3, 2008
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Aug 9, 2009
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Sept 5, 2010
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Sept 4, 2011
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WS 10
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$793.00
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$817.00
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$841.50
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$864.50
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WS 14
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$836.50
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$861.50
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$887.50
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$912.00
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WS 20
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$904.50
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$931.50
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$959.50
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$986.00
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WS 23
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$934.00
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$962.00
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$991.00
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$1018.50
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WS 27
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$956.50
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$985.00
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$1014.50
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$1042.50
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WS 30
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$1080.00
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$1112.50
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$1146.00
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$1177.50
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WS 32
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$1126.50
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$1160.50
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$1195.50
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$1228.50
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- The progression steps will be increased between the existing start rate and the new top rate. There will be no change in the start rates.
- Employees in progression receive significant annual increases due to moving to a higher rate of pay every six months. These employees receive an increase due to progessing up the wage scale and an increase due to the change in the wage scale rate. For example, a wage scale 30 employee at beginning of progression on 8/9/2009 would get an approx 38.5% increase over the life of the agreement, which includes both wage progression and general wage increase.
- Examples of Progression:
WS 27 in Zone A
An employee at the Start rate in Aug 2009 will make $654.00
At the end of the contract, they will be at Step 36 making $943.50
Increase of 44.3% ($943.50 – 654.00 = $289.50/ $654.00 = .443 = 44.3%)
WS 27 in Zone A
An employee at the 12 month step in Aug 2009 will make $728.50
At the end of the contract, they will be at Top making $1066.00
Increase of 46.3%
WS 30 in Zone A
An employee at the 12 month step in August 2009 will make $778.00
At the end of the contract, they will be at Step 48 making $1090.50
Increase of 40.2%
WS 30 in Zone A
An employee at the 24 month step in Aug 2009 will make $857.50
At the end of the contract, they will be at Top making $1215.50
Increase of 41.7%
WS 30 in Zone C
An employee at the 24 month step in Aug 29 will make $747.00
At the end of the contract, they will be at Top making $1177.50
Increase of 57.6%
WS 30 in Zone C
An employee at the 36 month in Aug 2009 will make $853.00
At the end of the contract, they will be at Top making $1177.50
Increase of 38.0% |
