The Report Card
Summary of Key Differences between the lAM Contract and Fly-to-Win Handbook
by Hans R. Isakson, Ph.D. Professor of Economics
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| Contract Feature |
IAM Contract | Fly-to-win handbook | Grade Contract |
Grade handbook |
| Protection of Job Rights | Enforceable union Contract | Good will of management | A + | F |
| Base Pay | $9.99/hr to $21.40/hr | $10.66/hr to $21.75/hr | C – | C + |
| Shift Differential | $.48 to $.57 | $.12 to $.13 | B | C |
| Duration of Shifts | No more than 10 hours | Up to 14 hours | B + | C + |
| Overtime Pay | Time & one-half after 8-hour or 10-hour shift; Double time for hours beyond 12 hours | Time & one-half after 8 hour shift | B + | C – |
| Overtime Distribution | Employees with least amount of accumulated overtime get first choice | Voluntary: Employees willing to receive straight time get first choice. Mandatory: Assigned in reverse bid seniority |
A | D + |
| Overtime Bypass Payment | Applicable rate for hours bypassed | No payment; preference treatment |
A | D – |
| Holidays | 3 fixed plus 5 floating | 6 fixed plus 2 floating | A | C |
| Vacation | Up to 1 week in first year 2 weeks after 1 year 3 weeks after 9 years 4 weeks after 16 years 5 weeks after 24 years 6 weeks after 29 years |
Up to 1 week in first year 2 weeks after 4 years 3 weeks after 9 years 4 weeks after 16 years 5 weeks after 24 years |
A | B |
| Recall rights after layoff | No time limit | Lesser of 6 years or employees length of service | A | C – |
| Performance Incentive Program | 0.5% to 2.0% of all wages based on company performance | On-Time Monthly Bonuses | A | B |
| Adjusted Seniority | No in-class seniority adjustment | Pay seniority and bid seniority reduced by length of leave of absences | A | B |
| Benefits Start | Date hired | 6 to 9 months after date hired | A | C – |
| Post-retirement, Covered, pre-Medicare coverage | premium based on years of service | Not addressed | B + | D |
| Average Grade | B + | D + |
Hans R. Isakson, Ph.D. Professor of Economics, 212 Damascus Drive University of Northern Iowa, Cedar Falls, IA 50613 Cedar Falls, IA 50614-0129 — Professor Isakson joined the UNI faculty in 1990. Prior, he was a professor at The University of Texas, Washington State University, and The University of Georgia. He has a long record of publications in Regional Science and Urban Economics, Journal of Marketing Research, and others. Professor Isakson is also an economic consultant for a national testing firm