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FedEx Discussions
Ground Drivers Rate Of Pay?
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<blockquote data-quote="STFXG" data-source="post: 1012065" data-attributes="member: 41750"><p>Benefits aren't that bad actually. Rather than 1.2% x salary (for taxes, workers comp, unemployment) it's closer to 1.4%. Single guy cost around 5k and 15k for a family. So if you have them pay 30% the out of pocket is around $3500 for single and $10500 for a family.</p><p></p><p>Add in the tax credit (up to 35 percent of premiums) and the tax deductions for the rest of the cost and the out of pocket expense for providing them really isn't that bad...</p></blockquote><p></p>
[QUOTE="STFXG, post: 1012065, member: 41750"] Benefits aren't that bad actually. Rather than 1.2% x salary (for taxes, workers comp, unemployment) it's closer to 1.4%. Single guy cost around 5k and 15k for a family. So if you have them pay 30% the out of pocket is around $3500 for single and $10500 for a family. Add in the tax credit (up to 35 percent of premiums) and the tax deductions for the rest of the cost and the out of pocket expense for providing them really isn't that bad... [/QUOTE]
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