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by Jtsummers
556 days ago
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> 3.5 times the current minimum wage would be $16.28 * 3.5 * 160hrs * 12 or ~109k / yr, before the minimum wage increases here again in January. That's low, you should estimate by total hours over the year, and not an assumption of just 4 weeks per month (you're losing 4 weeks of pay that way). The average work hours per year at 40 hours/week is 2087 (this is the number the federal government uses). Calculating your salary based on that you would get $118,917.26/year as the minimum salary. |
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