When you are paid hourly, it is important to know to convert your wage into a salary so you know how much money you are making in a year. To calculate how much $50 dollars an hour is in annual terms, you first have to take into account your employment status. Are you a full-time...
Under the terms of the FLSA, states can also set a minimum wage, either higher or lower than the federal minimum wage. If a state opts to do this, an employee in that state is entitled to whichever minimum wage is higher. California's current minimum wage is $12.00 per hour, much hig...
As an English tutor on the platform, I get to set my own rates and work whenever I want. Only thing I don't like is the fact that students can be inconsistent and it takes a while before the initial 33% commission Preply takes becomes 18%. Good if you want a flexible extra income...
How much is minimum wage in the Philippines 2020? Good news for domestic workers in Metro Manila: the minimum wage is nowP5,000 per montheffective January 2, 2020. The Department of Labor and Employment's Regional Tripartite Wages and Productivity Board in Metro Manila has decided last week t...
What is a good salary expectation for part-time employment? Salaries and hourly wages for part-time work vary based on industry and geographic region. In either case, nonexempt, part-time employees are entitled to at least the applicable minimum wage. ...
Nobody. Figure out how much time your job really takes. 5. Run the Math Real Hourly Wage = (Total annual compensation – Taxes – Work Related Expenses) / Total hours worked in a year The result might surprise you. Real Wage Discussion: ...
Before you start crunching overtime numbers, you need to establish a few key facts: Is the employee eligible for overtime? What is the employee’shourlyrate of pay? How much do you pay for overtime? Are there any federal, state, or local laws that govern overtime for your business?
How much can time theft cost my business? How to spot it: The different forms of time theft How to prevent employee time theft Time theft laws Protecting your business from time theft pays off Employee theft is an unfortunate reality. Theft of food, alcohol, and cash happens—but more comm...
If the employee is paid hourly, multiply the number of hours worked by their hourly wage during a period, and if they’re on salary, determine how much they were paid by dividing their annual salary by the number of pay periods in a year. ...
So, in this example, the annual income would be $31,200 for an hourly wage of $15 per hour working 40 hours per week for 52 weeks. How many work hours are there in a full-time year? A full-time worker in the United States is thought to work about 40 hours per week on average...