In my recent post, Raising Your Hourly Wage, I discussed how you should use as much of your paid time off as possible to maximize your effective hourly pay. Looking into vacation in greater depth, I’ve found that workers in the United States are much worse off in that area than in many other developed [...]
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Lack of Vacation
January 23rd, 2008 — Financial Education, Germany, Lending Club, country, hourly, lack, lacking, mandated, united, vacation from Mike Smith @ Better Rates. Together.
Raising Your Hourly Wage
January 19th, 2008 — Financial Education, Lending Club, effective, employee, hourly, hours, salaried, sick, vacation, wage from Mike Smith @ Better Rates. Together.
Despite the apparently higher pay that comes with being a salaried employee, all of the extra time put into the job can make the per-hour wage quite low. Taking advantage of all of the tools at your disposal can help to raise your effective hourly wage.
Determining your hourly wage as a salaried employee is [...]
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How salaried employees can increase their hourly rate
December 20th, 2007 — Financial Education, Lending Club, employees, hanson, hanson, hourly, payroll, peer, salaried, temporary from Tom Tolman @ Better Rates. Together.
For most of my non-student adult life I’ve worked as a salaried employee. I’d given little thought to how my hourly rate varied based on the length of the pay period until I read Brandon Hanson’s recent article – Paid Twice a Month versus Every Two Weeks.
This hourly rate variance is especially significant when [...]
Continue reading → How salaried employees can increase their hourly rate
What is Your Time Worth?
November 17th, 2007 — Financial Education, Lending Club, activities, calculator, hourly, hours, knowing, leisure, project, wage from Mike Smith @ Better Rates. Together.
The value of your time isn’t necessarily the same as what your employer pays you. Knowing what your time is worth can be helpful in making tradeoffs between your time and your money.
I found a useful calculator for determining the value of your time. The calculator takes much more than just your income into account. [...]
