You have probably seen lots of advertisements for so-called "great paying" management positions. These positions range from fast food to retail stores. They're everywhere and aren't that hard to get as long as you are a hard worker. The question is do you really want to get one of these positions? Lets discuss the positive and negative aspects of these jobs. First I would like you to take a moment and have you look at the chart below. I've calculated the hourly wage taking into account for overtime after 40 hours a week, which of course is time and a half your base hourly wage. Now look at the chart and then we'll continue.
| Yearly Salary | 60 hr. week hourly wage | 70 hr. week hourly wage | 80 hr. week hourly wage |
| 20,000 / yr. | $5.49 / hr. | $4.52 / hr. | $3.85 / hr. |
| 25,000 / yr. | $6.87 / hr. | $5.65 / hr. | $4.81 / hr. |
| 30,000 / yr. | $8.24 / hr. | $6.79 / hr. | $5.76 / hr. |
As with most salaried positions that I've came across. They require you to work 60 or more hours and week. If you find one that does not, then you think seriously about taking it. One postive side of salary positions is they almost always have medical insurance. That is a good thing because you'll need it after you work all the hours they require you to. The funny thing about all this, is these hourly wages are the same as starting wages, even though the position usually is listed under management. In fact some of them are less than minimum wage. How can they get away with that you ask? Well as long as there are dumb people willing to work for low wages they will be able to get away with it.
My calculations were done using a simple formula: yearly income divided by 52=40a + 1.5(20a, 30a, or 40a) where (a) is the hourly wage and 20, 30, or 40 is the amount of overtime hours.
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