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re: Is there anything that I should know before trade school?

Posted on 10/2/23 at 1:59 pm to
Posted by AwgustaDawg
CSRA
Member since Jan 2023
7438 posts
Posted on 10/2/23 at 1:59 pm to
quote:

That's terrible pay. Go to college op.


IBEW Local 995 Baton Rouge Louisiana scale was $27.49 an hour last August (most recent scale a quick google search revealed). On top of that there is $6.00 an hour Health And Welfare (Health/Life/Disability Insurance) and 19.5% Pension (Local and International Pension. There is also a Contractors Association Pension that is probably around 25 cents an hour, not much but doesn't pay much either. No used here). Working assessments ate 4% and dues are probably around $80 a month with death benefits (death benefits are a cash life insurance policy paid to a deceased members family within a few hours of their being announced dead, tradition from a time when electricians could not but life insurance). All in that equals $38.42 and hour. At 40 hours a week, 52 weeks a year that's $79,913.60. I suspect most 995 hands struggle to make 40 hours a week 52 weeks a year in Local 995's jurisdiction but there are no doubt shop hands in the jurisdiction who are making that and more. That is pretty typical for mid sized towns in the South. It looks like the only local making anything more than that in Louisiana is Local 130 in New Orleans. Difference would be about $12K a year.

Making $100K a year at 40 hours a week requires $48.08 and hour. Very few people making 48.08 an hour.

According to the US Census from 2020 the median income for someone with a bachelors degree in Louisiana was $50,723. The average income of all wage earners was $52,143. The electrician in local 995 is besting the average by a little better than a 1/3 and is doing so with no student loan debt and was being paid a wage commiserate with their experience level from day one. They will have better than average health and welfare benefits and far better retirement benefits than most employees in Lousiana. They will not have ANY paid time off however as Tradesmen do not traditionally get paid if they are not at work...they make enough money to not pretend their employer is giving them something they haven't earned.
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