Yes. Class I railroad employees have long been among the highest paid workers across U.S. industries. The 2022 agreements resulted in a historic 24% wage increase over five years (2020-2024). At present, most Class I rail employees earn between $90,000 to $140,000 in annual wages (depending on their craft), with an average of $111,000. Including the value of retirement, sickness, and health care benefits, the average annual compensation is approximately $160,000.
- This is an example of the alert banner that we can use to highlight breaking developments.
- Learn More
