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Wage Talk


knightni

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QUOTE(Chisoxfn @ Apr 5, 2006 -> 09:10 PM)
I know people that spend that much on food for themselves (they are body builders, but still, haha).  That includes supplements too. 

 

But ya that would be rough. It stinks, there are people that have to live on that, but thats just more reason to be motivated and do everything you can to make sure you don't.

 

CPA's 4 life eh Greg  :D

 

 

Yeah..of course i was toiling at work when I wrote that post. This tax season has been so ridiculously busy i'm questioning the whole public accounting thing. I've lost four months of my life this year. I will be looking to possibly go corporate this summer. Hopefully I can find a job that pays around $10,000.

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QUOTE(Steff @ Apr 5, 2006 -> 08:16 PM)
Thanks Greasy.

Now I am curious.. if someone pays under the federal wage.. can't they get into trouble...?  :huh

 

There are certain exceptions to the minimum wage rules. I had to look them up once, but have forgotten most of them. Perhaps with the recent changes, those classifications were removed. It was things like waiters who received tips, seasonal jobs, etc. You could also deduct for uniforms, regardless of actual cost) and stuff like that.

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QUOTE(Texsox @ Apr 6, 2006 -> 10:23 AM)
There are certain exceptions to the minimum wage rules. I had to look them up once, but have forgotten most of them. Perhaps with the recent changes, those classifications were removed. It was things like waiters who received tips, seasonal jobs, etc. You could also deduct for uniforms, regardless of actual cost) and stuff like that.

 

 

That makes sense, and I have no idea, but do Dairy Queen workers work for tips...? :huh

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QUOTE(Steff @ Apr 6, 2006 -> 09:26 AM)
That makes sense, and I have no idea, but do Dairy Queen workers work for tips...?  :huh

 

I didn't read the entire thread and just pulled out that one comment. I wouldn't think they could work for less than the minimum, but they could withhold for uniforms, etc. They could work less than a 40 hour week and still be "full time". So $10,000 would be possible.

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QUOTE(Texsox @ Apr 6, 2006 -> 10:38 AM)
I didn't read the entire thread and just pulled out that one comment. I wouldn't think they could work for less than the minimum, but they could withhold for uniforms, etc. They could work less than a 40 hour week and still be "full time". So $10,000 would be possible.

 

 

http://www.dol.gov/esa/minwage/america.htm#Illinois

 

The minimum wage in Illinois is $6.50 which = $13,520 a year gross.

 

Whitesoxin', if people at your work are being paid under the minimum, here is a site they can (should) report your employer to.

 

http://www.dol.gov/esa/whd/

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QUOTE(Steff @ Apr 6, 2006 -> 09:49 AM)
http://www.dol.gov/esa/minwage/america.htm#Illinois

 

The minimum wage in Illinois is $6.50 which = $13,520 a year gross.

 

Whitesoxin', if people at your work are being paid under the minimum, here is a site they can (should) report your employer to.

 

http://www.dol.gov/esa/whd/

I believe tips and benefits factor into the total package as well.

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QUOTE(Steff @ Apr 6, 2006 -> 09:49 AM)
http://www.dol.gov/esa/minwage/america.htm#Illinois

 

The minimum wage in Illinois is $6.50 which = $13,520 a year gross.

 

Whitesoxin', if people at your work are being paid under the minimum, here is a site they can (should) report your employer to.

 

http://www.dol.gov/esa/whd/

 

There are a lot of places that consider 32 hours a week "full-time". You're figuring it at 40 hours a week. I bet a know a few people that make right around $10,000 a year either because of low pay, low hours or both...

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QUOTE(Texsox @ Apr 6, 2006 -> 09:23 AM)
There are certain exceptions to the minimum wage rules. I had to look them up once, but have forgotten most of them. Perhaps with the recent changes, those classifications were removed. It was things like waiters who received tips, seasonal jobs, etc. You could also deduct for uniforms, regardless of actual cost) and stuff like that.

 

There is a different minimum wage for people that work for tips. IIRC, if there wages + tips doesn't equal the federal minimum wage the employer has to make up the difference.

 

There also probably really bad at their jobs if they're not getting enough tips... ;)

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QUOTE(SleepyWhiteSox @ Apr 6, 2006 -> 12:38 PM)
My guess is they're working part-time, which would explain the 10,000, while probably holding a second job to make ends meat...I've seen many people do it that way...

 

It's amazing to me that people are forced to have to have 2 jobs to support themselves, nevermind a family. Sick.

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Until last year, Wal-Mart considered an employee working 28 hours a week to be full-time.

 

I worked for a radio station who's news director's salary in 2000 was 14K a year. His assistant was 12K.

 

I worked for the third largest radio company in the country for a while and one of the assistants to the sales staff was making under 18K a year and working 50 hours a week.

 

You'd be surprised how little you make on the low end of the white collar scale.

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QUOTE(Steff @ Apr 6, 2006 -> 01:18 PM)
It's amazing to me that people are forced to have to have 2 jobs to support themselves, nevermind a family. Sick.

 

Sad but true. Single moms working 2 jobs, people working 2, sometimes 3, jobs...Few and far in between, but there are still noble people who would rather work hard than depend on the government...

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QUOTE(SleepyWhiteSox @ Apr 6, 2006 -> 01:37 PM)
Sad but true.  Single moms working 2 jobs, people working 2, sometimes 3, jobs...Few and far in between, but there are still noble people who would rather work hard than depend on the government...

 

 

It's even more sad that the ones that NEED the help can't get it or have to jump hurdles to get it, but the ones who are cleating the system are getting thousands per month driving around in new Caddies.. :headshake

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QUOTE(Rex Kickass @ Apr 6, 2006 -> 12:31 PM)
Until last year, Wal-Mart considered an employee working 28 hours a week to be full-time.

 

I worked for a radio station who's news director's salary in 2000 was 14K a year. His assistant was 12K.

 

I worked for the third largest radio company in the country for a while and one of the assistants to the sales staff was making under 18K a year and working 50 hours a week.

 

You'd be surprised how little you make on the low end of the white collar scale.

 

I think you guys would laugh if you knew how much I made considering the line of work I'm in...

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QUOTE(Steff @ Apr 6, 2006 -> 01:28 PM)
It's even more sad that the ones that NEED the help can't get it or have to jump hurdles to get it, but the ones who are cleating the system are getting thousands per month driving around in new Caddies..  :headshake

 

That's the really sad thing. You have to have money to make money. The rich get richer and the poor get crap.

 

Well, unless they get lucky enough to be on that "Renovate my Family" show. We are right in between so that we aren't poor enough to get any help and not rich enough to use the money we have to make more.

 

The best I can do is sell a bunch of my old stuff on Ebay...

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QUOTE(Rex Kickass @ Apr 6, 2006 -> 01:31 PM)
Until last year, Wal-Mart considered an employee working 28 hours a week to be full-time.

 

I worked for a radio station who's news director's salary in 2000 was 14K a year. His assistant was 12K.

 

I worked for the third largest radio company in the country for a while and one of the assistants to the sales staff was making under 18K a year and working 50 hours a week.

 

You'd be surprised how little you make on the low end of the white collar scale.

Rex, is it true in the radio business that the top 5% of broadcasters make 95% of the money?

 

I had to have some of my friends talk some sense into me when I was upset for not getting the money I was looking for while job hunting, and I am really glad I went to college for a quality education. I can't imagine how hard it must be to try and live off of $18000-$25000 a year.

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QUOTE(Chisoxrd5 @ Apr 5, 2006 -> 10:18 PM)
Yeah..of course i was toiling at work when I wrote that post. This tax season has been so ridiculously busy i'm questioning the whole public accounting thing. I've lost four months of my life this year. I will be looking to possibly go corporate this summer. Hopefully I can find a job that pays around $10,000.

You been mainly doing personal or corporate returns? At least on the bright side just another 10 days or so and you'll get some much needed Rest and Relaxation.

 

Found out I start September 11th and I'm already dreading busy season. I heard it was extra rough last year, but I'm with with most of my firms clients having already gone through SOX a few times now it could mean for a little lighter busy season (but as a first year I'm sure I'll get jacked).

 

Odds are I'll be in South Dakota for 1-2 months of my first year :lol:

 

Hell I think corporate is what being a CPA prepares you for. I'm sure you'll have tons of options, its just a matter of suffering through a few busy seasons before making the jump over.

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QUOTE(santo=dorf @ Apr 6, 2006 -> 05:49 PM)
Rex, is it true in the radio business that the top 5% of broadcasters make 95% of the money?

 

I had to have some of my friends talk some sense into me when I was upset for not getting the money I was looking for while job hunting, and I am really glad I went to college for a quality education.  I can't imagine how hard it must be to try and live off of $18000-$25000 a year.

 

I am sure it is... At the end of college I got offered 5 different jobs in radio and all of them paid about minimum wage. I would have had to work for years to be able to earn any kind of a living.

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QUOTE(Chisoxfn @ Apr 6, 2006 -> 04:56 PM)
If they do I feel bad for them.  I've never once tipped there.

 

Tipping at DQ would be the same as tipping at McDonald's.

 

It's pretty much just a fast-food restaurant right? The one near me even has a drive-thru.

 

 

Tying in the ice cream thead, Cold Stone Creamery usually has a tip jar and if you put a dollar in they'll sing a little song.

Edited by Iwritecode
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QUOTE(santo=dorf @ Apr 6, 2006 -> 05:49 PM)
Rex, is it true in the radio business that the top 5% of broadcasters make 95% of the money?

 

I had to have some of my friends talk some sense into me when I was upset for not getting the money I was looking for while job hunting, and I am really glad I went to college for a quality education.  I can't imagine how hard it must be to try and live off of $18000-$25000 a year.

 

The best I ever did, with 9 years in the business, doing mornings (in a small market) was $25.5K a year.

 

At one point, in 2003, I was doing nights, promotions director and was the assistant program director in a medium market for 21K. Had my insurance premiums increased by 1000 a year, given no raise and received a company memo telling me that "thanks to your hard work, we just experienced the most profitable year in the company's history."

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