Quote:
Originally Posted by Unregistered  I was told by a friend that MT's are paid by the hour. But on this pay sheet they give to potential employees it does not mention the hourly rate. All it says is that if you work 50 hours a week you'll earn $30,001.40 for a year's work. If you break the math down that $30,001.40/ 2,600 hours which should equal $11.5 an hour, yet I've heard from people on this site they only make $10 an hour or even less. Can anyone explain their pay scale?? |
You need to include the calculation of overtime, so the math equation should look like this for a year (52 weeks) assuming you are working 2,600 hours during that time period:
regular pay: 40 hours x 52 weeks = 2,080 hours
overtime pay: 2,600 hours - 2,080 hours = 520 hours
2080(x) + 520 * 1.5(x) = $30,000
$10.49/hour