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Business Manager Bob Ernst’s Negotiation Update

Wage Calculator

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When you work under your area IBEW Contract, your total wage and benefit package would differ by this amount per year. And yes, this amount is after you've already paid all your Union dues.

State

Country

Electrical Worker Type

Electrical Worker Level

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In this section enter all the wages and benefits you earn at your current employer. If there is a type that you don't receive, make sure there is a "0" for that entry.

What is your hourly wage?

How much do you pay for healthcare per month?

How much does your employer pay for your healthcare per month?

How much does your employer contribute to a Health Savings Account, Personal Care Account, etc., per hour?

How much does your employer contribute to a pension on your behalf per month?

Do you contribute to a 401(k) at work? If yes, what % does your employer match?

How many paid days off do you receive per year (i.e. vacation, holidays, PTO, sick leave)?

Do you receive a bonus each year? If so, how much is your typical bonus?

Initial calculation is based on 2,080 hours.

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For more information, please contact one of these Membership & Employer Development Representatives. There may be more job classifications available.

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These calculations are based on the current hourly amounts of your area IBEW contract outlined below. Everything below, except your dues investment, is paid by the employer and does not come out of your hourly wage.

Misc. Explanation

Paid Days Off

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In this section, you can calculate your approximate IBEW monthly retirement benefits based on the Journeyman rate. You can change your average hours worked up in the first section.

How many years until you plan on retiring

Average number of hours worked per year.

IBEW Pension funded by $23 of your monthly dues

National Electrical Benefit Fund which the employers contribute an amount equal to 3% of your gross pay

Electrical Pension Fund

Based on the Journeyman rate, here's the minimum you will have contributed to your Annuity and this is in addition to the Pensions above.

This growth calculation is for illustrative purposes only. It is based on the Journeyman rate and annual hours input at the top of this comparison calculator and the interest rate chosen by you is used for every year. Every person will have different investment choices which will affect the compound growth of your monthly contributions. Actual annual interest growths will also vary. The amount shown here is no guarantee of the performance of your Annuity.