Over a 30-year career, the gender pay gap averages out to approximately half a million dollars in lost earnings per woman. One-third of that work-experience pay gap is because women accumulate less time on the job than men. Women average 8.6 years at work for every ten years clocked...
Knowing your worth is the first step to getting the salary you deserve. Whether you’re negotiating for a promotion orapplying for your first jobout of college, you should have a clear idea of your market value before having a conversation with an employer about compensation. Historically, at...
If an office worker’s income is $60,000 per year, we can say “His salary if $60,000 per year,” but it is unusual to say “His wage is $60,000 per year”. Salary employees do not need to keep track of their hours in the way hourly workers do – there is no need for the...
A home equity loan is a loan taken out against the equity in your home. Equity is the difference between the current market value of your home and the amount you still owe on your mortgage.
A base salary plus a bonus compensation plan is common when your reps tend to consistently hit their pre-set targets. For example, you might pay $30,000 base and $15,000 for selling X amount per year. If you know about eight of your 10 employees ...
What is a good hourly rate in Florida? What is a living wage in Florida? According to MIT's Living Wage Calculator, a living wage for a single adult with no children in Florida to pay for necessities where they live was, on average,$17.72 an houras of the first quarter of 2023, or...
A“gig” (sometimes called a “side hustle”) is generally a short-term task, project or job that a person takes up to make extra cash. But many do gig work long term or as a main source of income. Some gig workers get paid per task or assignment. Others earn an hourly rate. ...
Hiring a visual merchandiser can be a valuable investment for retailers. They can help you improve store aesthetics, utilize your space better, and increase sales. But, they come with a price tag. ZipRecruitercitesthe average hourly rate is $21.59 per hour for a freelance visual merchandiser, ...
So, if someone makes $48,000 per year and is paid monthly, the gross pay will be $4,000. Pay Schedule Pay Periods Weekly 52 Bi-weekly 26 Semi-monthly 24 Monthly 12 To calculate gross pay for hourly workers, multiply the hourly rate by the hours worked during a pay period. ...
Overtime pay for salaried employees = Hourly regular pay rate ((Annual salary/52 weeks)/40 hours) X Employer’s Overtime pay rate. Example: If your employee earns $60,000 yearly and your OT pay rate is time and a half, the overtime pay = ($60,000/52)/40 X 1.5, which is $43.2...