Based upon earning $10 per hour, working 40 hours a week and 50 weeks a year would earn you $20,000 before taxes and any other deductions such as health insurance, retirement funds, etc.
| $10 hr x40 hours a week $400 per week
$400 a week |
The current minimum wage is $5.15 an hour. The Living Wage program has stated that a living wage is defined as: "a wage of 110% of the poverty level as defined by the federal government for a family of four. The amount is approximately $8.50 an hour plus health insurance." |
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