3 ms·
What are you talking about? $9 is the minimum wage. That's $37k per year combined for two people. I assure you minimum wage workers are not living good lifestyl
by cylinder 10y ago
What are you talking about? $9 is the minimum wage. That's $37k per year combined for two people. I assure you minimum wage workers are not living good lifestyles here, even in The Bronx (where most of them live).
- Alex3917 10y agoThe minimum wage for exempt employees in NYC is $675 per week, so for two people that's $70,200. https://labor.ny.gov/legal/counsel/pdf/administrative-employee-overtime-exemption-frequently-asked-questions.pdf https://labor.ny.gov/legal/counsel/pdf/administrative-employ... (If you take outside funding for your startup, that's going to be the minimum you're allowed to pay yourself, and statistically it's unlikely that your spouse is going to be making less than that.)
- bskap 10y agoThat's the minimum wage where your employer doesn't have to pay overtime if you work more than 40 hours a week, not the minimum wage an employer is allowed to pay you. It seems kind of silly to say "sure, you can afford a decent lifestyle as long as you have two well-paying jobs".
- __derek__ 10y agoWe're talking about technology start-up hubs. Like it or not, this is the relevant comparison population. People creating those companies and their partners are unlikely to be working hourly minimum wage jobs.