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The former, these are W2 full time union tradespeople. The only thing taken out of the $53/hr wage is income tax and payroll tax, everything else is rolled into the fringe package. Journeyman electricians get $53/hr wage in Mpls/St Paul, total package is around $100/hr (includes health insurance, defined benefit pension, employer FICA, unemployment insurance, union dues, apprentice program funding, vacation pay, etc) Foreman get an extra $5 an hour and a general foreman gets another $5 on top of that. NYC and SF electricians get around $70-75/hr wage, DC is around $65/hr. Trade unions are so hard up for new members that they’ll educate you while you’re an apprentice, so after 5 years you’re a journeyman with no education debt making $100k+ a year. It takes a while for a college educated person making $100k/year to catch up to the electrician in lifetime earnings. If you’re a non-union residential electrician in say, Alabama or Kentucky, you’ll probably make $60k a year. If you’re a commercial union mechanical or electrical tradesperson in a decent sized metro area, you’ll make significantly more. |