PS, Do you know how they calculate the “real hourly pay”?
I know from our experience and from what I hear from others that many of us are not making what we used to. Plus, looking at salary doesn’t tell the whole story either because everyone I know is paying much more for “benefits”
Example: A teacher that was making $38,000 in San Diego and paying $110/month for health insurance (3% of salary) was offered a job in Scottsdale, AZ. Wishing to relocate to a lower cost of living, accepted the position even though the salary was $36,000 – then found out that health insurance for his family was going to cost $774/month (26% of salary). Subsequently declined the offer.
The point is that many of the benefits that were a given in many white collar jobs now are becoming prohibitively expensive for employees.
Someone actually suggested that his salary was low enough that he would qualify for the state’s low income health insurance for children, like the California’s Healthy Families program. Thus he would not need to cover his children through his job – so this is what we’re coming to, many will be on the Walmart plan where they don’t make enough to buy into the company’s benefits so the taxpayers will have to pick up the medical bills.
Just wondering if these new payroll deductions are also being taken into account when calculating peoples’ real income.
