Reply to thread

Message

<blockquote data-quote="vantexan" data-source="post: 4719147" data-attributes="member: 24302"><p>I got rehired in 1998, quit in 2013.&nbsp; Came back in 2014, retired 2017.&nbsp; For this example let&#039;s look at the first rehire.&nbsp; Top out was making $5.25 more than me.&nbsp; On a 40 hour week that&#039;s $210 more.&nbsp; Almost $11k more annually.&nbsp; Doesn&#039;t count difference in OT.&nbsp; Doesn&#039;t count bigger matching contributions to 401k.&nbsp; Doesn&#039;t count bigger contributions to Portable Pension Plan or Traditional Pension.&nbsp; Doesn&#039;t count bigger bonuses or MAP payouts.&nbsp; Doesn&#039;t count bigger future raises.&nbsp; All in all in that 14 years total compensation for topped out employees at least $200k more, possibly $300k.&nbsp; If an industrious courier saved $100k in his 401k in just those 14 years his return on investment probably tripled his 401k at least.&nbsp; Not hard to do if topped out.&nbsp; Very difficult for midrange employees living paycheck to paycheck.</p></blockquote><p></p>

[QUOTE="vantexan, post: 4719147, member: 24302"] I got rehired in 1998, quit in 2013. Came back in 2014, retired 2017. For this example let's look at the first rehire. Top out was making $5.25 more than me. On a 40 hour week that's $210 more. Almost $11k more annually. Doesn't count difference in OT. Doesn't count bigger matching contributions to 401k. Doesn't count bigger contributions to Portable Pension Plan or Traditional Pension. Doesn't count bigger bonuses or MAP payouts. Doesn't count bigger future raises. All in all in that 14 years total compensation for topped out employees at least $200k more, possibly $300k. If an industrious courier saved $100k in his 401k in just those 14 years his return on investment probably tripled his 401k at least. Not hard to do if topped out. Very difficult for midrange employees living paycheck to paycheck. [/QUOTE]

Verification