Size of retro check

Discussion in 'UPS Discussions' started by 30yearstolife, Apr 23, 2014.

  1. I did a quick calculation using past paycheck info on UPSers...

    I made about $60,000 working as a driver since August 1, 2013 at $32.29 per hr.

    So $60,000 X $.70 divided by $32.29 = $1,301 gross Retro check

    So about the same as a mythical 40 hour paycheck (40 x 32.29=$1292)

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  2. Monkey Butt

    Monkey Butt You can call me Chappy Staff Member

    The size of mine is about 7 3/4 inches.
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  3. These adolescent jokes never get old for you?
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  4. Baba gounj

    Baba gounj pensioner

    Ya, the retro check would be about equal to a regular check plus or minus some ot.
  5. brownrod

    brownrod Active Member

    since august 1 2013 I have:
    1440 hours of straight time
    302 hours of overtime.

    about 1325$ if I did my math correctly.

    Will get hosed with 40% tax and other deductions. I'm hoping for a 6-700$ check. anything more and i'll be happy.
  6. scooby0048

    scooby0048 This page left intentionally blank

  7. When they have issued "extra" checks in the past (contract signing bonus checks) a greater % of taxes were taken out than from normal checks.

    I figure if they over-withhold tax on the extra check I will just get it back at tax filing time. I have quite a few exemptions so I am hoping for $900 after taxes.
  8. TOTAL INCOME AFTER AUGUST multiplied by .7 divided by strait time hourly wage = Retro check amount
    Lasted edited by : Apr 24, 2014
  9. oldngray

    oldngray nowhere special

    Using a macro lens?
  10. My retro check wont be long, but It will have girth!
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  11. joeboodog

    joeboodog good people drink good beer

    It's not the size of the check but how you will use it.
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  12. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    What about overtime hours?
  13. Im married, I forget how to use It. Guess ill just. give it to her!
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  14. Wally

    Wally Hailing from Parts Unknown.

    You guess? Ha ha! Fork it over...
  15. superballs63

    superballs63 Well-Known Troll Troll

    My wife used to not be able to keep her hands off my paycheck.....Not so much any more :(
  16. UpstateNYUPSer

    UpstateNYUPSer Very proud grandfather.

    I cut out the middle man and chose direct deposit.
  17. You know It wont be. "pork it" over
  18. Indecisi0n

    Indecisi0n Well-Known Member

  19. Brownslave688

    Brownslave688 You want a toe? I can get you a toe.

    So you don't work any overtime at all? Lucky you.
  20. upschuck

    upschuck Avatar bet gone wrong

    It is calculated in the equation, it will actually give you more straight time hours than actually worked, and no OT hours. Good math.