brownman15
Well-Known Member
Are you sure about that? Read post #11.
contract reads overtime after 8 hours
Are you sure about that? Read post #11.
I'm confused--you say that "hopefully the OT will return with the economy". I thought that the main reason the company agreed to the 4/10's was to reduce OT, which is what happened in your case. Also, if you are already working 10 hours and we are limited to 12, how much more OT can you expect to get (or want) without working a 5th day, which would defeat the purpose of the 4/10? Your family will not remember (or care) how much you had in your wallet but they will remember (and care) how much time you were able to spend with them.
your math is wrong for the drivers working 4 10hr days. overtime is paid daily after 8 hrs. so it should be 32hr x $30 = 960 and 8hr x $45 = 360 for a total of $1320
I don't see any errors in the math. Drivers on 4-10s don't get OT until they exceed 10 hrs in a single day or 40 hrs for the week.
My understanding of the 4-10 is to enable the load to go further in a single shift (without OT).
Any savings in wages reduces the companies FICA tax match liability. Paying 30,000 for benes creates a tax reduction. Paying 30,000 in additional wages creates additional tax liability. On 30,000 the FICA tax for the company is $2,295 (7.65%). If all the other numbers are correct this equates to a saving of approximately $1,500 per year in FICA tax.
you still have someone running that run on day 5. 4/10's add more drivers to the payroll. Depending on what you pay those drivers in health/welfare/retirement you may not save any money.
you dont have to be sorry about nothing on this site. spell the way you want im not hes not your mom type what ever you want screw them allHoaxster sorry about the grammar and punctuation but your reply isn`t on target with my post.I am asking someone to show me how UPS will save money by using the 4 ten hour days to replace the 5 eight hour days in my post?