Q&A

What is a good wage for your first job?

What is a good wage for your first job?

PayScale estimates the typical graduate with zero to five years experience makes $48,400. The National Association of Colleges and Employers (NACE) calculates that the preliminary average starting salary for graduates from the class of 2018 is about $50,004.

How much should a 15 year old make an hour?

An employer must pay you at least the federal minimum wage of $7.25 per hour for all the hours that you work, except under certain circumstances.

Is 42000 a good starting salary?

Is $42,000 a good salary? $42k per year is a great salary depending on your family dynamics. What counts as a good income depends on your location, cost of living, family size, and various other personal factors. On any salary, the most important thing is to budget and live below your means.

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What is hourly rate for a 16 year old?

In April 2021 they are: Age 16-17 – £4.62 an hour. Age 18-20 – £6.56 an hour. Age 21-22 – £8.36 an hour. Age 23+ – £8.91 an hour (National Living Wage).

How do you convert annual salary to hourly wage?

Annual salary to hourly wage ($50000 per year / 52 weeks) / 40 hours per week = $24.04 per hour Monthly wage to hourly wage ($5000 per month * 12 / 52 weeks) / 40 hours per week = $28.85

What is the hourly rate for a 50k annual salary?

For this purpose, let’s assume some numbers: the annual salary in our case is $50,000, and we work 40 hours per week. Annual salary to hourly wage ($50000 per year / 52 weeks) / 40 hours per week = $24.04 per hour Monthly wage to hourly wage

What is the hourly rate for a 5000 dollar a month?

Monthly wage to hourly wage ($5000 per month * 12 / 52 weeks) / 40 hours per week = $28.85 Weekly paycheck to hourly rate $1500 per week / 40 hours per week = $37.50 per hour

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How many hours a week did workers work in 1900?

Laborers worked long hours. Loggers often put in sixteen-hour days. Other occupations worked sixty hours a week regularly. Below is a list of wages from a variety of jobs in 1900.