Increasing……

Target Fund Analysis:

We know that we are losing jobs and hours to non-union shops.

It’s no secret that non-union players have been taking work away from us, but one of the ways we have tried to combat this situation is the Target Fund program.

Our union teammates have stepped up to try to earn more work by making our pricing more competitive with non-union contractors.

To analyze the success of this program, we have looked at data from 2007-2010 – years in which both plumbers and pipefitters have invested significantly to help contractors win jobs.

The chart at the top of this page tells the story.

Unfortunately, it hasn’t been enough. We have lost 403 bids even when target funds have been applied.

That’s 403 projects that could have been ours, and nearly 100 projects were lost in 2010 alone. More strikingly, we have lost 471,338 hours of work to non-union shops. That’s the equivalent of more than 226 union jobs.

We need fresh ideas and approaches to win more projects, work more hours, and create more jobs.

Not only would adding more jobs and working more hours help our friends who are out of work, it would also help ease the stress on our pension programs. Losing 471,338 hours of work over four years means that our Union Pension Funds have lost more than $2,000,000.

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