STOCK TITAN

Norfolk Southern offering starting bonuses of up to $5,000 for conductor trainees

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

On February 17, 2022, Norfolk Southern Corporation (NYSE: NSC) announced its initiative to attract new conductor trainees by offering starting bonuses of up to $5,000 in priority locations. These locations include cities such as Binghamton and Cincinnati. Conductors can expect a guaranteed minimum annual pay of $52,000, increasing to approximately $63,500 over four years. Promotion to locomotive engineers offers a starting pay of around $94,000. Additional incentives include comprehensive healthcare benefits and a structured training program lasting 10-13 weeks.

Positive
  • Starting bonuses of up to $5,000 for conductor trainees in priority locations.
  • Guaranteed minimum pay of $52,000 annually, increasing to approximately $63,500 over four years.
  • Opportunity for promotion to locomotive engineer with starting pay around $94,000.
  • Comprehensive training program provided at no cost to trainees.
Negative
  • None.

ATLANTA, Feb. 17, 2022 /PRNewswire/ -- Norfolk Southern Corporation (NYSE: NSC) today announced that it is offering starting bonuses of up to $5,000 for conductor trainees in priority locations, and $2,500 for other locations. Priority locations include: Binghamton, NY; Buffalo, NY; Cincinnati, OH; Louisville, KY; Manassas, VA; Harrisburg, PA; Conway, PA; Birmingham, AL; Sheffield, AL; Chattanooga, TN; Roanoke, VA; and Linwood, NC.

"Our conductors play a critical role in keeping the trains moving that transport the goods that power our nation's economy. We are actively hiring people who want a high degree of responsibility, thrive in autonomy, and desire a sense of pride in the work they do. In return, they can expect great pay, best-in-class healthcare benefits, technical training, and professional growth opportunities," said Brad Dodd, Director Talent Acquisition at Norfolk Southern. 

Once training is completed, Norfolk Southern conductors are guaranteed minimum annual pay of $52,000, participate in the Railroad Retirement System, in addition to a 401(k) savings option, as well as other competitive benefits. Conductor's annual guaranteed minimum earnings progressively increase over their next four years of service to approximately $63,500. But with additional work opportunities at their service location, most conductors earn far more than the guaranteed minimum.

Norfolk Southern conductors are responsible for the safe and efficient movement of freight trains. Offering a high degree of responsibility and autonomy, a conductor's job can include coupling railcars to build trains, delivering railcars to local customers, and transporting trains hundreds of miles. Conductors will operate locomotives when achieving promotion to Locomotive Engineer. Applicants only need to be 18 years of age and successfully complete a standard background check.

"One of the clear benefits of our industry is the opportunity for future advancement and the potential for increased earnings. For example, a conductor can be promoted to a locomotive engineer position which has guaranteed minimum annual pay of approximately $94,000, along with benefits. Many of our engineers earn more than $100,000 with the work opportunities at their locations," added Dodd.

New hire conductor trainees are currently eligible for incentive bonuses totaling $2,500, or $5,000 in priority markets, for achieving the below milestones:

  • $500 ($1,000 for priority locations) upon completion of training examinations.
  • $2,000 ($4,000 for priority locations) upon successful completion of the conductor training program paid in two installments: $1,000 ($2,000 for priority locations) upon conductor training program completion; $1,000 ($2,000 for priority locations) nine months after conductor training program completion.

Conductors and engineers participate in the Railroad Employees National Health & Welfare Plan, which offers best-in-class healthcare coverage that exceeds typical government and private sector employee coverage. Healthcare coverage is effective the first day of the second calendar month that they are employed by Norfolk Southern. After one year of employment, employees and their families are eligible for dental insurance and a $20,000 life insurance plan for the employee. Additional information can be found at YourTrackToHealth.com.

Norfolk Southern utilizes a comprehensive training program for both conductors and locomotive engineers, consisting of classroom and field training. Successful completion of these programs is a requirement for employment. Conductor trainees should expect to complete a training program of approximately 10-13 weeks before promoting to a conductor position. The first two weeks of training occur at the Norfolk Southern Training Center in McDonough, GA. The remaining weeks of training take place at or near their hiring location. The company provides all the technical training and tools conductors need to be both safe and successful on the job.

About Norfolk Southern
Norfolk Southern Corporation (NYSE: NSC) is one of the nation's premier transportation companies, moving the goods and materials that drive the U.S. economy. Norfolk Southern connects customers to markets and communities to economic opportunity, with safe, reliable, and cost-effective shipping solutions. The company's service area includes 22 states and the District of Columbia, every major container port in the eastern United States, and a majority of the U.S. population and manufacturing base.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/norfolk-southern-offering-starting-bonuses-of-up-to-5-000-for-conductor-trainees-301484778.html

SOURCE Norfolk Southern Corporation

FAQ

What is the starting bonus offered by Norfolk Southern for conductor trainees?

Norfolk Southern is offering starting bonuses of up to $5,000 for conductor trainees in priority locations.

What is the minimum annual pay for conductors at Norfolk Southern?

Conductors at Norfolk Southern have a guaranteed minimum annual pay of $52,000.

How much can conductors potentially earn as locomotive engineers?

Locomotive engineers at Norfolk Southern can earn starting pay of approximately $94,000.

What are the priority locations for conductor trainee positions?

Priority locations for conductor trainee positions include Binghamton, NY; Cincinnati, OH; and Louisville, KY.

What benefits do Norfolk Southern conductors receive?

Norfolk Southern conductors receive comprehensive healthcare benefits, a 401(k) savings option, and opportunities for professional growth.

Norfolk Southern Corp.

NYSE:NSC

NSC Rankings

NSC Latest News

NSC Stock Data

53.50B
226.07M
0.07%
77.6%
0.98%
Railroads
Railroads, Line-haul Operating
Link
United States of America
ATLANTA