I work for the a decent company and one of the reasons I don't mind the low wages is that our benefits are fantastic. One example is that we have 100% paid health insurance with only a small co-pay for doctor visits. However, our union recently approved a proposal that we start paying a small amount (around $60.00 a month) towards our health care. To compensate they will raise wages significantly over the next two years.
That amount seems like a drop in the bucket overall, but I'm worried that it is the the first step and if the door is open for increases in the near future. Also, the pay increase is a percentage across the board and doesn't compliment some of the lower paid employees very well.
I don't think there is a way to avoid paying for part of the health care costs. But I was curious as to the experiences of others.
I would look at the overall benefit: are you gaining or losing money by the deal? A close friend of mine just recently had his union vote to go on strike because the pay raise wasn't enough to cover the increased health premiums. Result: lost wages, a lockout, and now there's serious flak on the job against the unionized workers. Not saying this would be your situation, but just something to put it in perspective.
Originally posted by Dexley's Midnight JoggerI don't think there is a way to avoid paying for part of the health care costs. But I was curious as to the experiences of others.
First, I suppose you could decline the insurance, which I am not advocating.
I agree with the previous posts. My insurance for the three of us runsa $7500 per year with a total real deductible of $2200 per person. $60 sounds good. Many companies view benefits as a lead weight aound their necks and higher salaries may be a better option for them but maybe not you.
I hate those victim interviews. I've taken it easy on the murder stories in recent years...sometimes I have nightmares about the dead people I have seen...all these beheaded and stabbed people moaning and chasing me. It is way uncool.