The BNSF has announced our 2023 ICP. The Carrier uses a 150-point scale on their handling for exempt ICP. The 100% figure they receive will translate to our members as follows:
100% of 150% management scale = 0.667
The schedule engineer’s ICP is figured on a 100% scale. 0.667 of 100% = 6.67%
66.7 % of .0808 % (100% payout) = 5.389% (FYI 8.08% is our Maximum)
Your 2023 ICP should equate to 5.389% of Qualified Earnings
Will be deposited on January 31, 2024
Feel free to forward this information to your members. Please call the office with any questions.
Jess
Profit-Sharing-Pay-Element.pdf
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