Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Is UPS saving money on working feeder`s 4 ten hour days versus 5 eight hour days?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="FracusBrown" data-source="post: 762028" data-attributes="member: 29360"><p>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. </p><p> </p><p>My understanding of the 4-10 is to enable the load to go further in a single shift (without OT). </p><p> </p><p>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.</p></blockquote><p></p>
[QUOTE="FracusBrown, post: 762028, member: 29360"] 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. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Is UPS saving money on working feeder`s 4 ten hour days versus 5 eight hour days?
Top