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
Question about $15 Minumum wage in 2018
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="Griffin1820" data-source="post: 3093895" data-attributes="member: 63430"><p>Thats assuming they retire as a part timer right. I assume thats an extremely low number of people that actually do that based on our hub only having 2 people on the preload who have even completed wage progression. Everyone on our preload is under 3 years.</p><p> So lets say 3 years is the got ft or quit rate and the 30 is after your progression. And that would be including the money they put into your retirement. Which is null and void because most quit. But i dont know how to calculate that so well leave that blank.</p><p> Your first year is zero benefits so 11hr</p><p> Second year counting subtracting progression would be 28 per hour of the 30 at progression</p><p>3rd year would be 28.50</p><p>Times those by the 1250 hour part timer</p><p>1st year 13,750 actually paid</p><p>2nd year 35,000 - 14,375 actually paid</p><p>3rd year 35,625 - 15,000 actually paid</p><p>Add those up divide by the 3 years and then divide by 1250 hours your at $18.83 per hour total compensation.</p><p>4th year youve quit already if not sooner so i guess somebody gets that 41,250 dollars of retirement compensation minus whatever compensation your health was for the 2 of 3 years. Actually getting to 30 per hour total compensation is greatly off set with the first year and extremely high turnover rate.</p></blockquote><p></p>
[QUOTE="Griffin1820, post: 3093895, member: 63430"] Thats assuming they retire as a part timer right. I assume thats an extremely low number of people that actually do that based on our hub only having 2 people on the preload who have even completed wage progression. Everyone on our preload is under 3 years. So lets say 3 years is the got ft or quit rate and the 30 is after your progression. And that would be including the money they put into your retirement. Which is null and void because most quit. But i dont know how to calculate that so well leave that blank. Your first year is zero benefits so 11hr Second year counting subtracting progression would be 28 per hour of the 30 at progression 3rd year would be 28.50 Times those by the 1250 hour part timer 1st year 13,750 actually paid 2nd year 35,000 - 14,375 actually paid 3rd year 35,625 - 15,000 actually paid Add those up divide by the 3 years and then divide by 1250 hours your at $18.83 per hour total compensation. 4th year youve quit already if not sooner so i guess somebody gets that 41,250 dollars of retirement compensation minus whatever compensation your health was for the 2 of 3 years. Actually getting to 30 per hour total compensation is greatly off set with the first year and extremely high turnover rate. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
UPS Discussions
Question about $15 Minumum wage in 2018
Top