New England Carpenters receive the cream of the crop when it comes to their benefits—from a comprehensive health benefits plan to employer-paid pension and guaranteed annuity plans. The New England Carpenters benefits package rivals any in the industry. Benefits and provisions are established through collective bargaining between representatives from the union and management and are administered by Trustees representing both sides. For every hour a carpenter works, employers contribute a designated amount to cover the cost for health and retirement benefits. Employers also contribute to industry advancement programs that provide for apprentice and journeymen-level upgrade training and safety.