Easy there friend. Just taking the hours needed for a years pension credit, 1800 hours/year. The 70 cent raise is like $1,260 a year.
Yes I know the OT is much better but nobody is getting anywhere close to $30k by 2023!
This is based on 10 to 20 hours OT. All numbers are averages. I’m in feeders so this is realistic.
You can make $40 to $50 a week the first year. .70 cents... $40 comes to $2080. $50 comes to $2600.
2nd year $80 to $100 a week based on the .70+.75 cent... $80 comes to $4160. $100 comes to $5200.
3rd year $123 to 157 a week based on the
.70+.75+.80 cents... $123 comes to $6396.
$157 comes to $8164.
4th year $173 to $220 a week based on the
.70+.75+.80+.90 cents... $173 comes to $8996. $220 comes to $11466
The final you $228 to 290 a week on the
.70+.75+.80+.90cents+$1... $228 comes
to $11856. $290 comes to $15106.
$2080+$4160+$6396+$8996+$11856=
$33,488 working 10 hours OT a week...
$2600+$5200+$8164+$11466+$15106=
$42,536.
These figures are not added to the vacation weeks. So if you can take a lot of vacation in a year then shave off few grand at the end. This also doesn’t add to the dubs and trips pay for the feeder world...Like I said $30,000 to $40,000 check!