|
Public
Employee Press
What
raises mean for you* |
|
Retroactive
Cash** |
2%
raise
(rate increase)
7/1/04 |
Total
cash
over term
of contract*** |
Cash
as %
over term
of contract |
Salary
6/30/02 |
3%
raise
(rate increase)
7/1/03 |
Cash
payment |
Total
retro cash |
$20,000 |
$20,600 |
$1,000 |
$1,600 |
$21,012 |
$2,612 |
13.06% |
$25,000 |
$25,750 |
$1,000 |
$1,750 |
$26,265 |
$3,015 |
12.06% |
$30,000 |
$30,900 |
$1,000 |
$1,900 |
$31,518 |
$3,418 |
11.39% |
$35,000 |
$36,050 |
$1,000 |
$2,050 |
$36,771 |
$3,821 |
10.92% |
$40,000 |
$41,200 |
$1,000 |
$2,200 |
$42,024 |
$4,224 |
10.56% |
$50,000 |
$51,500 |
$1,000 |
$2,500 |
$52,530 |
$5,030 |
10.06% |
$60,000 |
$61,800 |
$1,000 |
$2,800 |
$63,036 |
$5,836 |
9.73% |
*
These figures are before taxes and include all additions to gross.
Take-home pay will depend on the individual employees situation.
** This includes the $1,000 lump sum and the retroactive rate increase
from 7/1/03 (assumes full year).
*** $1,000 + 2 years of raises.
Prepared by the Department of Research and Negotiations, District
Council 37,
AFSCME, AFL-CIO, April 27, 2004. |
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