STONE DERRICKMEN RIGGERS LOCAL 197 HANDSET “Site Work” Rate Sheet
Effective 07/01/24 – 12/31/24
PAY RATE———— Journey 50% 70% 80% 90%
Apprentice Apprentice Apprentice Apprentice
WAGE—————————- $47.54 $23.77 $32.28 $38.03 $42.79
| Union Assessment———– | $3.45 | $1.76 | $2.42 |
| IU Org Fund (3/8 of 1%)———– $0.18 0 $0.18 0 $0.18 | |||
| LDF/Admin Fund————– $1.70 | $1.70 | $1.70 | |
| BENEFIT RATE———- 100% 50% 75% 75% 75% | |||
| Vacation————————– $10.00 Welfare————————— $11.00 Pension————————— $14.00 Annuity————————— $11.00 Apprentice———————– $1.70 Supp. Unemployment——– $0.00 Industry Promotion———– $0.15 IU IMPACT (5/8 of 1 %)—————- $0.30 | $5.50 | $7.00 | $7.00 $7.00 (Taxable IN & OUT) |
| $3.00 $1.53 $0.00 $0.00 $0.30 | $6.00 $1.71 $0.00 $0.05 $0.30 |
$2.70 $2.99 (deducted from wages)
$0.18 $0.18 (deducted from wages)
$1.70 $1.70 (deducted from wages)
$8.50 $10.75 $10.75 $10.75 $5.25 $10.30 $10.30 $10.30 $6.00 $6.00 $1.71 $1.71 $0.00 $0.00 $0.05 $0.05 $0.30 $0.30
Benefits Total——————- $48.15 $24.08 $36.11 $36.11 $36.11 TOTAL PACKAGE————— $95.69 $47.85 $68.39 $74.14 $78.90