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Started By
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re: How much more do you make an hour from when you got full time?
Posted on 4/18/19 at 4:07 pm to CatsGoneWild
Posted on 4/18/19 at 4:07 pm to CatsGoneWild
Bout $18/hr over 28 years, but I’ve focused more on doing what I’ve wanted to do instead of maximizing my earning potential.
0
Posted on 4/18/19 at 4:08 pm to alajones
quote:
I’m salary. I have no idea what my hourly rate is.
I have to ask taxpayers to fork over money for a raise.
Divide your yearly gross pay by 2080. It's very simple to figure out.
Posted on 4/18/19 at 4:09 pm to YungFO
quote:
Divide your yearly gross pay by 2080. It's very simple to figure out.
Ah. I make $168.27/hour.
Posted on 4/18/19 at 4:11 pm to joshwj93
There's no good reason to stay with a company for a long time unless you know you're on a VP track (or sales). Society still beats it into a lot of kids heads tho.
Posted on 4/18/19 at 4:11 pm to CatsGoneWild
Started at $7.00 hr, 22 years later $38.00.
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Posted on 4/18/19 at 4:13 pm to CatsGoneWild
Salary
My base is $45,000 more than when I started five years ago. Still have lucrative bonus structure in place
My base is $45,000 more than when I started five years ago. Still have lucrative bonus structure in place
Posted on 4/18/19 at 4:13 pm to TH03
quote:
Ah. I make $168.27/hour.
Posted on 4/18/19 at 4:13 pm to GreatLakesTiger24
quote:
There's no good reason to stay with a company for a long time unless you know you're on a VP track (or sales). Society still beats it into a lot of kids heads tho.
Eh, if they pay a living wage and its a good environment and they value you then I'd disagree but on a whole you're definitely right.
Posted on 4/18/19 at 4:15 pm to CatsGoneWild
I make 90 but in self employed..
Posted on 4/18/19 at 4:15 pm to YungFO
quote:
Divide your yearly gross pay by 2080. It's very simple to figure out
Everyone should do this with actual hours worked as well to see how good your salary really is
Posted on 4/18/19 at 4:17 pm to TH03
This post was edited on 4/18/19 at 4:18 pm
Posted on 4/18/19 at 4:17 pm to TH03
Classic
Posted on 4/18/19 at 4:17 pm to CatsGoneWild
Have you acquired any new skills over that time frame? I think that's the bigger question. If not, get out there and find something that will make you more marketable. The money will follow.
Inflation rate
U.S. Inflation Rate, $10 in 1998 to 2019
According to the Bureau of Labor Statistics consumer price index, today's prices in 2019 are 55.95% higher than average prices throughout 1998. The dollar experienced an average inflation rate of 2.14% per year during this period, meaning the real value of a dollar decreased.
In other words, $10 in 1998 is equivalent in purchasing power to about $15.60 in 2019, a difference of $5.60 over 21 years.
The 1998 inflation rate was 1.56%. The current inflation rate (2018 to 2019) is now 1.86%1. If this number holds, $10 today will be equivalent in buying power to $10.19 next year. The current inflation rate page gives more detail on the latest official inflation rates.
Inflation rate
U.S. Inflation Rate, $10 in 1998 to 2019
According to the Bureau of Labor Statistics consumer price index, today's prices in 2019 are 55.95% higher than average prices throughout 1998. The dollar experienced an average inflation rate of 2.14% per year during this period, meaning the real value of a dollar decreased.
In other words, $10 in 1998 is equivalent in purchasing power to about $15.60 in 2019, a difference of $5.60 over 21 years.
The 1998 inflation rate was 1.56%. The current inflation rate (2018 to 2019) is now 1.86%1. If this number holds, $10 today will be equivalent in buying power to $10.19 next year. The current inflation rate page gives more detail on the latest official inflation rates.
Posted on 4/18/19 at 4:19 pm to joshwj93
Right, I was speaking strictly financially. The trades are an obvious exception too.
Posted on 4/18/19 at 4:20 pm to Breauxsif
10 years in, double from my initial starting salary. One company change.
Posted on 4/18/19 at 4:20 pm to atxfan
good math dude. great post
Posted on 4/18/19 at 4:21 pm to YungFO
No shite I’ve just never bothered. It doesn’t really mean anything.
I can tell you what my take home is.
I can tell you what my take home is.
This post was edited on 4/18/19 at 4:22 pm
Posted on 4/18/19 at 4:23 pm to alajones
quote:False
It doesn’t really mean anything.
Someone making $50k working 1,000 hrs is much better off IMO than someone making $5k working 2,000 hours
Posted on 4/18/19 at 4:28 pm to GreatLakesTiger24
quote:
Right, I was speaking strictly financially. The trades are an obvious exception too.
I think most people my age have heard all the horror stories of their parents or grandparents working 30 years somewhere and getting screwed so we dont trust companies as much as prior generations. Plus you have alot of things like online job postings, job reviews, and pay comparisons at your disposal now. Also, its alot harder to find motivated young people with common sense so if you actually are one, you can find better opportunities than your grandparents may have been able to in my opinion.
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