Jeff '79
11-12-2011, 3:47pm
The company wanted $12 million in savings, no matter how it was done. Through buyouts, and early retirements, that was achieved.
They also wanted us to pay a lot more of our medical on top of that...To cut a long negotiation short, we shopped other medical avenues, and Blue Cross & Blue Shield, our carrier, found out, and bettered the deal that we found elsewhere.
Here's a break down....It's amazing, as far as I'm concerned.
Medical - -$8.00/ week (less)
Dental - -$1.96/week (less)
Life Ins- -$0.70/week (less)
AD&D - -$0.30/week (less)
LTDisab- -$0.35/week (less)
TOTAL - $11.31/ week less that I have to pay towards that chit.
That, and an $800.00 signing bonus, equates to basically a $27.00 a week raise....
Honestly, I was expecting to get totally boned, and have to pony up for medical, and get nothing on top of it.... It's only a two year contract, but that's two years closer to my buyout....:seasix:
They also wanted us to pay a lot more of our medical on top of that...To cut a long negotiation short, we shopped other medical avenues, and Blue Cross & Blue Shield, our carrier, found out, and bettered the deal that we found elsewhere.
Here's a break down....It's amazing, as far as I'm concerned.
Medical - -$8.00/ week (less)
Dental - -$1.96/week (less)
Life Ins- -$0.70/week (less)
AD&D - -$0.30/week (less)
LTDisab- -$0.35/week (less)
TOTAL - $11.31/ week less that I have to pay towards that chit.
That, and an $800.00 signing bonus, equates to basically a $27.00 a week raise....
Honestly, I was expecting to get totally boned, and have to pony up for medical, and get nothing on top of it.... It's only a two year contract, but that's two years closer to my buyout....:seasix: