Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 05-01-2018, 11:23 AM
 
26,191 posts, read 21,587,222 times
Reputation: 22772

Advertisements

It looks like rail road workers pay more into rrr than you would into ss. 7.65% up to 127k for tier 1 employer and employee. Tier 2 benefits employees pay 4.9% and employers pay 13.1% up to 94k so it makes sense the system pays out more
Reply With Quote Quick reply to this message

 
Old 05-02-2018, 08:59 AM
 
14,400 posts, read 14,306,076 times
Reputation: 45727
Quote:
Originally Posted by Troyfan View Post
Railroads offering thousands of dollars in signing bonuses - KXAN

Here are more college jobs, good ones, that don't need college degrees. Starbucks baristas take note: you might yet be able to pay off you college loans.
I think they are great jobs and before I became a practicing attorney I actually gave some thought to trying to find a job with the railroad.

I looked at the website though and if you read the fine print there are many stipulations involved in collecting these bonuses. The bonus isn't payable at once. Its payable over several years. That doesn't concern me as much though as the requirements for many of the jobs advertised. The railroad is particularly interested in hiring electricians. Unfortunately, there aren't that many of them. Other jobs indicate they would like someone to at least have an associates degree in mechanics or some similar field. Base salary is about $40,000 a year to start which is certainly decent. However, these jobs involve lots of travel and many, like mechanic, are physically quite arduous.

I'm sure some people will respond to the ad and get hired. However, its a lot more complicated than it looks. And, probably, only a few people out of hundreds are really qualified to do these jobs and stand any chance of being hired.
Reply With Quote Quick reply to this message
 
Old 05-02-2018, 10:34 AM
 
4,345 posts, read 2,794,281 times
Reputation: 5821
Quote:
Originally Posted by markg91359 View Post
I think they are great jobs and before I became a practicing attorney I actually gave some thought to trying to find a job with the railroad.

I looked at the website though and if you read the fine print there are many stipulations involved in collecting these bonuses. The bonus isn't payable at once. Its payable over several years. That doesn't concern me as much though as the requirements for many of the jobs advertised. The railroad is particularly interested in hiring electricians. Unfortunately, there aren't that many of them. Other jobs indicate they would like someone to at least have an associates degree in mechanics or some similar field. Base salary is about $40,000 a year to start which is certainly decent. However, these jobs involve lots of travel and many, like mechanic, are physically quite arduous.

I'm sure some people will respond to the ad and get hired. However, its a lot more complicated than it looks. And, probably, only a few people out of hundreds are really qualified to do these jobs and stand any chance of being hired.
Railroading is hard work. The kind not many people do anymore, which explains why they have to give bonuses to attract workers.

$40,000 is less that people on relief make for doing nothing when the value of non-cash benefits are figured in (the RR benefits help the comparison, though). So it's nothing to brag about. But having the dignity of work, getting your foot in the door, and starting on the path to a future compensate.
Reply With Quote Quick reply to this message
 
Old 05-02-2018, 07:59 PM
 
Location: U.S.A., Earth
5,511 posts, read 4,476,539 times
Reputation: 5770
Quote:
Originally Posted by Troyfan View Post
Railroading is hard work. The kind not many people do anymore, which explains why they have to give bonuses to attract workers.

$40,000 is less that people on relief make for doing nothing when the value of non-cash benefits are figured in (the RR benefits help the comparison, though). So it's nothing to brag about. But having the dignity of work, getting your foot in the door, and starting on the path to a future compensate.
Hmm, doesn't sound that much better nor worse than the likes of nursing, teaching, or being a soldier
Reply With Quote Quick reply to this message
 
Old 05-03-2018, 07:14 AM
 
4,345 posts, read 2,794,281 times
Reputation: 5821
Quote:
Originally Posted by ackmondual View Post
Hmm, doesn't sound that much better nor worse than the likes of nursing, teaching, or being a soldier
But it's real work. How many nurses, teachers and soldiers can we support? They all draw from the public purse. RR workers put into the public purse.
Reply With Quote Quick reply to this message
 
Old 05-03-2018, 09:00 AM
 
7,473 posts, read 4,016,499 times
Reputation: 6462
Quote:
Originally Posted by Serious Conversation View Post
Railroads are also notorious for layoffs and rehiring. It's an inherently unstable industry.
So what industry is stable?
Reply With Quote Quick reply to this message
 
Old 05-03-2018, 09:07 AM
 
7,473 posts, read 4,016,499 times
Reputation: 6462
Quote:
Originally Posted by double6's View Post
and ya get a federal pension..I think the average is around $3,500 a month or more..
Its not a "federal" pension.
https://www.rrb.gov/
Reply With Quote Quick reply to this message
 
Old 05-03-2018, 09:18 AM
 
Location: Southern Colorado
3,680 posts, read 2,966,099 times
Reputation: 4809

https://www.youtube.com/watch?v=j-eO9IRQ4gM
Reply With Quote Quick reply to this message
 
Old 05-03-2018, 12:54 PM
 
Location: Port Charlotte FL
4,862 posts, read 2,673,519 times
Reputation: 7709
Quote:
Originally Posted by jeffdoorgunner View Post
Its not a "federal" pension.
https://www.rrb.gov/

this is a quote from the link you provided..

Quote:
Agency Overview
An independent agency in the executive branch of the Federal Government, the RRB administers comprehensive benefit programs for the nation's railroad workers and their families.
Reply With Quote Quick reply to this message
 
Old 05-03-2018, 01:46 PM
 
Location: Nantahala National Forest, NC
27,073 posts, read 11,859,243 times
Reputation: 30347
Quote:
Originally Posted by ShampooBanana View Post
It's really tough work with very long hours. Like long haul truck drivers, you are often away from home for weeks at a time. Makes it difficult to maintain relationships or have a family, so I'm not surprised it's tough to attract younger people into it. That said, it can certainly be financially rewarding, and if you move up the ranks it's a pretty good gig. My older cousin started out as a brakeman and worked his way up into upper management, eventually as CEO of a couple different railroads.
I knew several people years ago who constantly complained about their railroad jobs...while the pay seemed good the negative aspects apparently outweighed the good.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics

All times are GMT -6. The time now is 07:41 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top