Hmm... 18 = 7 an hour x 40 x 52 = 14560 = bad 19 = 6.50 an hour x 40 x 52 = 13520 = worse! 20 = 9 an hour x 40 x 52 = 18720 = almost there 21 = 12.75 an hour x 40 x 52 = 26520 = VICTORY! 22 = 17.45 an hour x 40 x 52 = 36296 = :O These are somewhat approximate because of OT/Bonus/Shift Differential/etc...but fairly close.
My next goal is to be making not just my age as a yearly wage, but making my age per hour Hopefully once I get my A+ cert and MCSE cert...I'll be well above that in 2 years.
It kind of depends where you're working and where you set your bar. A college engineering/business school under grad can get any were from $60K - $80K starting annual right out of school, which is about $30 - 40 per. A Pharmacy grad can get about $100K easily. For a 21- 25 year old is hell of a lot of money. But if you're a 30 - 35 year old office space drone, those figures start to look average when you start to look at your peers. I personally feel like (and is) $600 per month after housing, but different people have different standards and life styles. Also, there are jobs where even getting paid a ton of money might not mean it's a good wage. For example, from what I hear investment bankers have large turnover rates, partially due to the fact that better offers come along and partially because IB's get worked to death, basically selling their youth. It's a job where at $50 an hour does not look appealing at all and will have to be considerably higher to entice qualified candidates.
In most corporations, there's a huge gap between what the average worker makes vs a manager. If you're in mid-upper management, 100k - no problem. If you are in senior managment, it's 200k and up. If you're an "office space" drone, no way that person is making 100k. Id guess most office professionals (not clerical, customer service, etc) make around 50-80k. Obviously if you are an attorney at a big firm, or an investment banker (highly specialized fields), the average associate will make much more than that. Other than senior management, the people who make the most are the sales folks.
Yeah, that's what I meant. If you make around $80K, you're doing well and inline with the average professional's wages. But not nessary a "good" wage. Also it depends on what the job description is. For example, if I can get a job as a professional video game tester and get paid $15 dollar/ hour, I would consider that a good wage.
Right now I'm single and living easily off $10/hr. I'm about to be promoted to management though (haven't been told any details yet) I have my own townhouse apartment with no roomates, cable TV + high speed internet, my own car, etc. I always have money to go out to eat often and buy gas to take trips down to Waco, Houston, etc. I still would like to go back to school and earn a Bachelor's.
I'm thinking about 13 or so. Depends on your age. For a recent college grad I think most people aim around 32-45k. Unless your an enginer or med or law. I'm current unemployed and shooting for about 35 with 50 hours a week or which is about 13. I think most college grads would be satisfied coming out but that wont cut it 5-10 years from now.
if you have 4 years of college you should be looking at a minimum of 22 dollars...everything above it is extra cash that you need to not worry about...this is for a single person 6 years of college, if you don make at least 40 dollars you are IMO underpaid... minimum wage IMO for a single person should not be less than 11 bucks and if you have a family at least 14 dollars a hour...
It depends on which college(s), your grades & experience, and also where you live. Let's use an MBA degree as an example. For people to say the average graduating MBA makes 100k is deceiving because only those who go to a Top 20 school with good grades will get that. What is an MBA from UH worth? How many graduating MBA UH students get offers of 85k and above? 10%? 20%? 30%? What do the thousands of other MBA students (not from UPenn, Harvard, Northwestern, etc) make? If I was a hiring manager (Im not), I wouldn't fork over 80k just because someone had a 6 year degree.
Your best bet is to find a heavy labor job paying $20-30/hr. Then hire a couple of illegals everyday to do the work for $10/per person. If they don't finish the day, pay them $5. (they didn't fulfill their side) You'll be a millionaire by doing this. Happy hunting!
