Is 12 An Hour A Good Wage It depends on how many hours you work but assuming a 40 hour work week and working 50 weeks a year then a 12 hourly wage is about 24 000 per year or 2 000 a month Is 12 an hour good pay No 12 hour is in the bottom 10 of wages in the United States
24960 is the gross annual salary with a 12 per hour wage As of June 2023 the average hourly wage is 33 58 You do a good job and your value is higher than what your employers pay you Even an increase of 50 cents to 12 50 will add up over the year Even better 13 an hour or 15 an hour 1 Ask for a Raise There s a 12 per hour light assembly job available in Savage posted a week ago also for the day shift A second shift medical assembly job in Plymouth will pay 11 an hour although this one
Is 12 An Hour A Good Wage
Is 12 An Hour A Good Wage
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12 hourly wage x 40 hours per week x 2 weeks 1 920 At 12 an hour your biweekly income before taxes would be 1 920 To figure out your post tax biweekly income you can multiply 12 by your tax rate as we did above Is 12 an Hour a Good Wage The answer to whether 12 an hour is a good wage depends on various factors including What Is a Good Hourly Wage A good hourly wage is one that allows you to cover all your basic expenses including housing food transportation and healthcare According to Statista the federal minimum wage in the US is 7 25 per hour which for many is not enough to cover life s expenses
2 Research average hourly rates and wages Learning more about the average rate of hourly pay in your community state and industry is a good way to help you find a job that pays well Consider factors like experience and education when determining what a good hourly rate is Candidates with more experience usually earn higher wages than entry The average hourly wages in each major industry as of December 2020 according to the BLS are Goods producing 30 24 Trade transportation and utilities 25 64 Information 44 37 Financial activities 38 99 Professional and business services 35 60 Education and health services 29 05 Leisure and hospitality 17 04
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Wages have risen in the hot labor market even for the lowest paid jobs In the third quarter of 2023 the latest data available the bottom 10 of wage earners made a median 587 a week It s certainly popular with the American public with 76 currently in favor of increasing the federal minimum wage from 7 25 to 9 an hour according to Gallup and 62 in favor as of 2021
The federal minimum wage in the U S has remained glued at 7 25 an hour for the last 12 years the longest stretch without a boost since it was first adopted in 1938 Companies that Pay 12 an Hour If you are looking for a job that pays at least 12 an hour here are some ideas Walmart if working in retail is something you can see yourself doing Walmart might be a good choice Those working as cashiers make approximately 12 88 per hour while the average wage at Walmart is 13 19 per hour
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Is 12 An Hour A Good Wage - What Is a Good Hourly Wage A good hourly wage is one that allows you to cover all your basic expenses including housing food transportation and healthcare According to Statista the federal minimum wage in the US is 7 25 per hour which for many is not enough to cover life s expenses