T
TheBrownGuy
Guest
Assumptions:
$32.29 current wage.
10 hours overtime per week.
Yearly wage increases not split.
raises: $.70, $.75, $75, $80, $.95
Total wages 5 years = $494,487
Assumptions:
Same as above EXCEPT:
Change the raises to 2.9% (which is the current national average wage increase for 2013)
raises become $.94, $.96, $.99, $1.02, $1,05
Total wages 5 years = $503,501
$503,501
-$494,487
=$9014 over 5 years
$32.29 current wage.
10 hours overtime per week.
Yearly wage increases not split.
raises: $.70, $.75, $75, $80, $.95
Total wages 5 years = $494,487
Assumptions:
Same as above EXCEPT:
Change the raises to 2.9% (which is the current national average wage increase for 2013)
raises become $.94, $.96, $.99, $1.02, $1,05
Total wages 5 years = $503,501
$503,501
-$494,487
=$9014 over 5 years