How to Calculate Living Wage? TheMIT living wage calculatoroutlines the following steps to determine an individual’s living wage: #1:Calculate the annual cost of basic needs like food, childcare, healthcare, housing, transportation and other necessities. #2:Divide by the total number of working ...
If you are a server and would like to know the salary you should have received in Tip (gratuity),visit our tip calculator. Formula for calculating the minimum annual salary Hours per weekx (52 weeks per year- (Holiday + Statutory weeks) ) xhourly wages=Annual Salary ...