Does Amtrak give raises?

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The agreement provides for an additional 4% increase effective July 1, 2022, a 4% increase effective July 1, 2023, a 2% increase effective January 1, 2024, a 4.5% increase effective July 1, 2024, a 3.25 % increase effective July 1, 2025, a 3.25 % increase effective July 1, 2026, a 3.25 % increase effective July 1, 2027 ...

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The top-earning employees received “earned incentive” bonuses of more than $200,000 each — more than 50% of their base salaries – according to figures obtained through a Freedom of Information Act request and a statement from an Amtrak spokesperson.

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Amtrak provides affordable access to voluntary benefits such as Auto and Home Insurance, Identity Theft, a Legal Benefits Plan, and even Pet Insurance!

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High Paying Railroad Jobs
  • Signal Integrity Engineer. Salary range: $167,000-$167,000 per year. ...
  • Signal Processing Engineer. Salary range: $110,500-$154,000 per year. ...
  • Signal Engineer. Salary range: $86,000-$142,500 per year. ...
  • Steam Engineer. ...
  • Train Dispatcher. ...
  • Yardmaster. ...
  • Switch Technician. ...
  • Depot Manager.


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Normal retirement age is 65-67, depending on your year of birth. If you have 30 or more years of credited railroad service, unreduced benefits may start at age 60. If you have fewer than 30 years of credited railroad service, reduced benefits ·nat age 62.

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Our Paid Time Off (PTO) and holiday benefits give you a generous amount of paid time away from work each year. You start with 26 days of PTO, 10 holidays, 2 floating holidays, and 1 community service day. Generally, most employees enjoy a hybrid work schedule, with some days in the office and some working from home.

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Railroad employees receive substantial paid time off each year and generous paid sick leave benefits. Excluding time off covered by sickness benefits, the average employee receives 25-29 days of paid time off depending upon craft, with the most senior employees receiving 37-39 days of paid time off.

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As of Sep 26, 2023, the average hourly pay for an Amtrak in the United States is $22.05 an hour. While ZipRecruiter is seeing hourly wages as high as $36.54 and as low as $9.62, the majority of Amtrak wages currently range between $17.07 (25th percentile) to $25.00 (75th percentile) across the United States.

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Last year's historic deal cemented railroading as one of the most highly compensated jobs in the U.S. economy. Among other things, the national agreement delivered: 24% wage increase during the five-year period from 2020 through 2024. $1,000 per year in annual service recognition bonuses.

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The staffing shortage plaguing American businesses of all kinds continues to bite down hard at Amtrak, whose leadership acknowledged yesterday during a public Board of Directors meeting in St. Louis that despite their best efforts those shortages are going to keep crimping service for much of 2023.

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Yes, because recent awards are based on higher average earnings. Age annuities awarded to career railroad employees retiring in fiscal year 2022 averaged nearly $4,560 a month while monthly benefits awarded to workers retiring at full retirement age under social security averaged about $2,320.

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Amtrak is a 24 hour, 7 days a week operation, and OBS employees often ride a train along its entire journey - ranging from a few hours to two days in length, depending on the route. This will include working nights, weekends and holidays.

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Facing a tight labor market, Amtrak and its labor unions are working together to recruit and train new workers, said Greg Regan, president of the Transportation Trades Department of the AFL-CIO. An $8 million federal grant Amtrak received for its new apprenticeship program will support those efforts.

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Railroad retirement benefits are based on months of service and earnings credits. Earnings are creditable up to certain annual maximums on the amount of compensation subject to railroad retirement taxes. An AGE AND SERVICE ANNUITY can be paid to: ? Employees with 30 or more years of creditable service.

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Inevitably, perhaps, it is senior management roles are the highest earners and attract the biggest salaries on the railway. The CEO of Network Rail, Andrew Haines, makes close to £600,000 a year, while the chief financial officer, Jeremy Westlake, pulls in £415,000 a year.

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Amtrak has been featured on Forbes magazine's America's Best Employer for New Graduates 2022 list at a time when the company is aggressively recruiting and hiring to fill thousands of jobs in areas ranging from railroad operations, information technology, finance, marketing, government affairs, and human resources.

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High Paying Railroad Jobs
  • Signal Integrity Engineer. Salary range: $167,000-$167,000 per year. ...
  • Signal Processing Engineer. Salary range: $110,500-$154,000 per year. ...
  • Signal Engineer. Salary range: $86,000-$142,500 per year. ...
  • Steam Engineer. ...
  • Train Dispatcher. ...
  • Yardmaster. ...
  • Switch Technician. ...
  • Depot Manager.


MORE DETAILS