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Have your wages kept up with the cost of living? Have your wages kept up with the rate of inflation? Look at the numbers provided in the chart. Medical Costs, up 70.5%. Housing, up 40.8%. College Tuition up 130%.
Energy Costs, up 123.3%!!!!!!
As I.B.E.W. Local 98 members, you will enjoy the security of a negotiated cost of living raise every year. These raises address not only your hourly wage, but also the cost of health care, and your retirement – both of which, are paid for directly and entirely by your employer.

 

Let’s take a look at Local 98’s wage increases since the year 2000.

 

  • May 1, 2000 – Hourly Journeyman Wage = $31.55. Fringe Benefits (Health Insurance & Pension) = $13.69.
  • May 1, 2001 – Hourly Journeyman Wage = $32.95. Fringe Benefits (Health Insurance & Pension) = $14.29.
  • May 1, 2002 – Hourly Journeyman Wage = $34.35. Fringe Benefits (Health Insurance & Pension) = $14.89.
  • April 28, 2003 – Hourly Journeyman Wage = $36.38. Fringe Benefits (Health Insurance & Pension) = $15.86.
  • May 3, 2004 – Hourly Journeyman Wage = $38.47. Fringe Benefits (Health Insurance & Pension) = $16.77.
  • May 2, 2005 – Hourly Journeyman Wage = $40.56. Fringe Benefits (Health Insurance & Pension) = $17.68.
  • May 1, 2006 – Hourly Journeyman Wage = $41.91. Fringe Benefits (Health Insurance & Pension) = $18.33.
  • April 30, 2007 – Hourly Journeyman Wage = $43.73. Fringe Benefits (Health Insurance & Pension) = $21.01.
  • April 28, 2008 – Hourly Journeyman Wage = $45.62. Fringe Benefits (Health Insurance & Pension) = $22.62.
  • April 27, 2009 – Hourly Journeyman Wage = $46.85. Fringe Benefits (Health Insurance & Pension) = $24.89.
  • May 10, 2010 – Hourly Journeyman Wage = $46.85. Fringe Benefits (Health Insurance & Pension) = $26.89.
  • May 2, 2011 – Hourly Journeyman Wage = $46.85.  Fringe Benefits (Health Insurance & Pension) = $29.85.
  • April 30, 2012 – Hourly Journeyman Wage = $48.68. Fringe Benefits (Health Insurance & Pension) = $31.06.
  • April 29, 2013 – Hourly Journeyman Wage = $49.65. Fringe Benefits (Health Insurance & Pension) = $32.09.
  • May 1, 2014 – Hourly Journeyman Wage = $51.02. Fringe Benefits (Health Insurance & Pension) = $32.88.

Since May of 2000 Local 98 Members have enjoyed close to $40.00 per hour in total raises. These negotiated rates, healthcare, and pension raises have kept Local 98 Members ahead of inflation and have set the industry standard for what I.B.E.W. Electricians expect, demand, and deserve.

 

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