3 ms·
100 hours a week at federal minimum wage is less than $38k. These people are not making anything remotely close to minimum wage.
by opencl 7y ago
100 hours a week at federal minimum wage is less than $38k. These people are not making anything remotely close to minimum wage.
- solveit 7y agoBut federal minimum wage ($7.25) is a lot smaller than, say, the NYC minimum wage ($15), which is more relevant. At the NYC minimum wage, 100-hour work weeks get you about 80k a year, which is about the base pay for an undergraduate new hire at McKinsey.