I strongly suggest you read the full directions at the very bottom of this blog. They walk you through logging onto payroll portal to get precise figures on what you actually earned. This, however, is so simple to use you can still follow the steps and use some best guesses.
1. What did you earn between Nov. 1, 2009 and today? Enter it in the top space of the calculator.
2. What did you earn between Nov. 1, 2010 and today? Enter that in the bottom space of the calculator.
3. Click "Send"
4. See that number that came up? Multiply it by .125 (12 and a half percent) and that's what you'll get before taxes on 10/15/15.
You should comment now and say thanks. It's only polite.
This has been in testing for over a year now. It's accurate. Any inaccuracies are attributable solely to:
1. Your own inaccurate figure for what you actually made (I told you to follow the instructions below).
2. Something having to do with the formula that Unity leadership agreed upon but hasn't shared.
Here's the original post from 2/14/2014)
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Online calculators are about as reliable as the weather forecast. They make certain assumptions that may or may not come to pass. This online calculator is no different. I made the following assumptions as I put it together:
- It assumes that we will agree to a 4% and 4% raise for 2009-10 and 2010-11 respectively.
- It fairly assumes we will be paid for those raises retroactive to the expiration of the last contract
- It assumes that the .58% reduction discussed in this blog post will not come from this amount.
- It assumes that we will not be receiving retroactive pay for the contract years of '11-'12, '12-'13, and '13-present. (It assumes zero retroactive pay for that period).
- It does not include any after school. or per session activities that you may have worked during this time (all money that came from a separate check is NOT included in this calculator)
- But it does assume that the per session amount will follow lockstep with the base salary amount (that's a fancy way of saying any coverages, etc. that you did and showed up in your regular check would be part of the 4% and 4% raise. It probably won't happen exactly that way, but it will probably happen somewhere close to it. Close enough to estimate anyway).
- It assumes the first 4% becomes effectives on 11/1/2009
- It assumes the second 4% raise becomes effective on 11/1/2010
The way I have calculated the two 4% raises is fairly straight forward. I calculate that on November 1, 2009, you should have received a raise of 4%. That means that between that date and today, your pay should have been augmented by 4%. On (or about) November 1, 2010, I calculate that you should have received another raise of 4%. That means that between that day and today, your pay should have been augmented by 8%. Since it wasn't, the amount of money that is owed to you is what I'm calling backpay or retroactive pay. The calculator will perform the following functions:
- (Your total salary from 11/1/2009 to today) * 4% plus
- (Your total salary from 11/1/2010 to today) * 4.16% (compounded)*
What you need to get started
All you need in order to use this with some accuracy is:
- Your Annual Gross Earnings from the periods of 11/1/2009 and today
- Your Annual Gross Earnings and 11/1/2010 and today.
I do not believe that this is the backpay I or you and I will receive. It is only my belief that this is the amount of money that is owed to us.
It is also my belief that individual teachers should have some understanding of exactly what is owed to them from this failure to settle four years' worth of teacher contracts. For me, a well-informed membership, even with something like this, is much more preferable than an ill-informed membership. My belief is to get as much information out to as many members as possible.
I would like this to be as accurate as possible under the circumstances. If you think any part of the assumptions or the math that went into the calculator is wrong, feel free to let me know. It won't be hard for me to make changes to this calculator. Also, if you would like create a version based on your own assumptions, feel free to reach out to me. I don't at all mind helping you calculate retro based on your own assumptions or math skills.
UPDATE* Many thanks to @N00sunlight from Twitter, who pointed out that the second raise would equate to a compounded 8.16% instead of the 8% I had originally figured.
UPDATE* Thanks the commenter below for pointing out an earlier mistake. To say I'm no math guy is usually a blessing
UPDATE (2/21/14) : Appreciating link backs and differing perspectives on the word optimists, this calculator is anything but optimistic. It takes only the first two years of raises we did are owed but did not receive into consideration and ignores the last three years of raises that are owed to us. It also ignores a full four years worth of per session raises for after school activities (which will come to us in a separate retro check). If anything, the numbers you come up with probably represent the least likely amount you are owed. My advice? Be angry if you don't get it.
We hear a lot in the newspapers and on TV about how much settling our contract, including our full retroactive pay, will cost the government of the City of New York. The newspapers all say that the '$3.2 billion' that is 'on the line' will cost the government way too much.
It is interesting to note that as we're hearing this, we are not hearing how much this potential backpay can bring us as individuals. The sad irony here is that as the whole city talks about backpay for teachers, we ourselves are fairly in the dark as to how much is on the line for us.
I'd like to to see that change. That's why I asked a few bloggers and union activists to help me create this online backpay calculator. It's intended to help you get a grasp of how much is on the line for you from any future contract agreement.