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AMTRAK - new service on NEC?
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<P mce_keep="true">[quote user="BostonTrainGuy"] <P>$20.85 an hour? Is that all Amtrak pays it's engineers?</P> <P>[/quote]</P> <P>A 2008 posting on Railroad.net claims that Amtrak's engineers earn approximately $28 per hour, with the starting pay being 75 per cent of the maximum pay. If this is true, then $20.85 per hour may be the starting pay. It is 74.5 per cent of $28. </P> <P>The posting also claims that either the person making the post or someone he knew, who had been an engineer for a Class I road, took a net pay cut of approximately $800 a month to work as an engineer for Amtrak. I don't know whether he knows what he is talking about, but it seems reasonable.</P> <P>In addition to the hourly pay, Amtrak employees have a good benefit package. I don't know exactly what it is worth, but using my industry (electric utilities) as a benchmark, the add-on could be as much as 35 per cent, i.e. health insurance premiums, retirement program funding, thrift plan, etc. This would bring the total compensation package - wages and benefits - to approximately $37.80 per hour. </P>
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