Quote from Sherwood
I also believe that the nurses will lose money with this terrible contract, raises of 18% to 20% over the next three years minus union dues of up to $1008.00 a year.
Let's crunch the numbers because I don't think they're going to lose money. They may not be making a lot of money here but, it looks like they'll be a little better off, at least.
Quote from sunnyjohn
Anyone read the comments left by folks at the end of the article?
According to the comments at the end of the article, most staff RN's were only getting 2-3 percent raises per year. Only 33 out of the 700 RN's got the 4 percent merit raises.
I tend to believe this since, the lack of decent raises was one of the major reasons Tri-City went union in the first place. This has been publicized in the local press for a couple of years now ... and RN's usually don't vote union if management is generous with raises.
The average RN wage in San Diego is about $32 an hour ... give or take so ... I'll just use $32 for calculation purposes. With 2.5 percent being the average raise for the vast majority of Tri-City RN's ... they would make about $1,500 more a year base pay ... without the union.
With this new contract their base pay will go up by about 6.33 percent per year, or about $3,800 a year. Now they do have to pay union dues which, at $32 an hour runs about $850 a year (not $1K, which is the maximum ... and they don't have to pay any dues before the contract.)
So, even with the union dues, they'll still net about $1,450 a year or $4,350 with the three year contract that they otherwise wouldn't have without the union.
And, the above mentioned benefits are now protected by contract, which could be important since San Diego County has been trying to cut back on pension benefits. Pension benefits alone can cost an employee an extra $10K a year so, that's pretty significant.
It's not a phenomenal contract but, it's not bad for a first contract ... they are doing a little better here than they were before.
If the RN's don't think that's enough of a pay raise then, they probably should vote out the union but ... they haven't lost any money here that I can see.