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HokieSignGuy

Joined: 12/13/1999 Posts: 24433
Likes: 10033


I can’t imagine how much costs would have to go up to make


most jobs match that additional weekly pay. That would be unsustainable. For an employee to have an additional 600 take home pay, after taxes, they would have to make an additional 19.25 dollars an hour for 40 hours. That actually equates to the employer paying a gross pay of 770 dollars and after employer match, the employers out of pocket is $828.47 per week per employee. It’s never just $600 like many think. This doesn’t even include the additional Unemployment insurance payments needing to be paid as Total wages go up.

(In response to this post by VTSnake)

Posted: 04/29/2020 at 09:21AM



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