I’m curious if businesses actually get health insurance for the employees for $275 a month (difference / hour with 40 hour work weeks) and how the quality of the package they get compared to what the employees could get themselves for $275/month.
I’m not familiar with the various healthcare types in America though.
I don’t think they were saying it was a lot, just that they’re not familiar with anywhere where $20/hr is anywhere approaching minimum wage. Brought to you by the federal $7.25 minimum.
$20/hr is 40k/year assuming 40 hour weeks, 50 weeks/year. Average rent is 1750/month which is $21,000/year. The rule of thumb for affordable rent is 30% of gross income, at $20/hr the average apartment is actually going to cost you over 50% of your gross income. It’s hard out there for a pimp.
In some places $20 is just over minimum wage these days. But you couldn’t afford to live in those places on $20/hr.
Wait what? $20 for minimum wage? In what universe? Am I being gaslit? What’s going on here?
Seattle minimum wage is $19.97 and it goes up every year. Though it’s $17.25 for small businesses if you get tips or they pay for medical benefits.
https://www.seattle.gov/laborstandards/ordinances/minimum-wage
I’m curious if businesses actually get health insurance for the employees for $275 a month (difference / hour with 40 hour work weeks) and how the quality of the package they get compared to what the employees could get themselves for $275/month.
I’m not familiar with the various healthcare types in America though.
$20/hr is not a lot of money when you look at actual expenses
I don’t think they were saying it was a lot, just that they’re not familiar with anywhere where $20/hr is anywhere approaching minimum wage. Brought to you by the federal $7.25 minimum.
It is in Australia. Cost of living is also higher though.
Nah mate it’s 20 dollaridoo, tottaly different
$20/hr is 40k/year assuming 40 hour weeks, 50 weeks/year. Average rent is 1750/month which is $21,000/year. The rule of thumb for affordable rent is 30% of gross income, at $20/hr the average apartment is actually going to cost you over 50% of your gross income. It’s hard out there for a pimp.