wagebenefit_tbl Web Form

Wages and Benefits Comparison

Answer each question below by entering your answer where there is a red border to see if you would make more or less if you worked under your area IBEW Agreement. Begin by choosing the state and county you want to compare to.

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

County

Electrical Worker Type

Electrical Worker Level

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 days of paid vacation do you get per year?

Do you get holidays off with pay? If so, how many per year?

Do you get paid sick leave? If so, how many sick days do you take on average per year?

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

Initial calculation is based on 2,080 hours.

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

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.

IBEW Hourly Wage

Full Family Health Insurance - Under our full plan, you pay nothing extra for dependents

Misc. - Health Personal Care Acct, Hourly Bonus, etc.

Misc. Explanation

National Electrical Benefit Fund (Pension)

Pension

Annuity

Vacation Fund

Monthly Dues Investment

Working Dues Investment

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 $21 of your monthly dues

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

Electrical Pension Fund

Approximate total monthly retirement payment based on the Journeyman contribution amounts and Pension Summary Plan Descriptions in effect today. These pension amounts are in addition to the annuity below.

Annuity calculation

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.

Based on this percentage your annuity could grow to the calculated amount. You can change this percentage if you want.

Annuity compound growth calculation

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.

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

Enter your information below to have this report emailed to you.

Your name

Your employer

Your cell phone

Your home phone if different

Your email*

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