#hourly pay

[diangelodork]

hey folks! for anyone who gets paid hourly, this is a reminder to keep track of the time you clock in and out as well as what you’re meant to get paid and cross-reference that with your paychecks! i just found out that my job has been paying me a dollar less for shifts when i act as shift lead (basically acting manager/lead of what people are doing, etc.) than they should be and i am livid. check your shit and keep track of it yourself because corporate companies are not to be trusted. they’ve stolen thousands of dollars from a coworker and at least a few hundreds from me (i’m still checking my shifts).

[heyitscoffeetime]

The magic salary number is 2080

That's the number you get if you work 40 hours a week, 52 weeks a year.

So if a job is paid hourly, you can multiply the pay by 2080 to get your yearly "salary". And if a job just lists a salary, you can divide that by 2080 to get the hourly pay. Here are some example hourly to yearly pays:

$7.25 hourly = $15,080 yearly

$15 hourly = $31,200 yearly

$24 hourly = $50,000 yearly

$36 hourly = $75,000 yearly

$48 hourly = $100,000 yearly

And finally, while at Amazon, Jeff Bezos had a yearly income of $1,681,840 which turns out to be $808 an hour.

[bitchesgetriches]

Hey glorious bitches! Quick (or probably not so quick) question! My current job pays me $16.50 an hour, and I have medical, dental, and vision, which combined take only $30 out of my paycheck. Is it better to stay here, or go somewhere that's higher paying but either doesn't have all of the insurances or takes more?

(OR should I stay at the first job and look for a 2nd higher paying job w a 401k?)

What's the official opinion with 401ks thrown in? <33

Hi precious puggle! This is an interesting question. Because essentially, you're looking at that $30 taken out of your paycheck as an expense, when really it's part of your compensation.

The total monetary value of that insurance is FAR more than $30 if you were to buy the insurance on your own. You're getting a discount through your employer.

That said, personal finance is personal! Maybe money is extremely tight for you right now. Maybe you're willing to risk going without health insurance for a while if it means you can use that $30 to pay off debt or build up your emergency fund. That's your right! I'd suggest first asking if you can opt out of dental and vision, but keep health insurance, if this is your situation.

All that said: you should ALWAYS be keeping one eye open for your next higher paying job. Look for one that pays more and has better insurance policies. I think brushing up on compensation benefits will help you in this equation:

Workplace Benefits and Other Cool Side Effects of Employment 

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[datarep]

Aus Open's 256 Tennis Players & Their Hourly Pay

[clientflowtools]

Paycheck came in lower than expected?

Do not keep spending from the plan you made before payday. Replace the estimate with the actual available balance and rebuild the next pay window.

Example:

$1,600 expected available balance after payday $1,280 actual available balance $760 unpaid bills before the next paycheck $240 groceries, transport, and other essentials $100 reserve $1,100 protected $180 current safe-to-spend estimate

The old plan would have shown $500. After the lower paycheck, that number is no longer valid.

This is a current cash-flow estimate, not payment-priority advice or financial advice.

Free Paycheck Budget Calculator

Find your safe-to-spend number before payday. No signup or bank connection.

Two-Payday Bill Planner - Safe Now, Ready for Next

Your bank balance does not show which money is already promised to bills. A monthly budget also may not show which side of payday each bill

[hethinkspeoplelikethisrcool]

I think I could get fam by looking threw the tents on the windows.

[nationallawreview]

Why Not Just Make Everybody Hourly?

Why Not Just Make Everybody Hourly?

For more than 80 years, federal law has provided a general right to premium pay for working overtime hours, originally just for covered employees, then later for employees of covered enterprises.  The laws of more than 30 states contain a comparable requirement, though in some instances differing in the particulars. This presumptive right to the overtime premium is, of course, subject to the…

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[nannettekarolina]

So I haven’t been at work for a week now and my boss says I shouldn’t expect to be back for another 2-4 weeks. Happy birthday to me, here’s financial drowning and an uncertain future!

*house music starts plays and lights start flashing*