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  2. Average Indexed Monthly Earnings - Wikipedia

    en.wikipedia.org/wiki/Average_Indexed_Monthly...

    Average Indexed Monthly Earnings. The Average Indexed Monthly Earnings ( AIME) is used in the United States ' Social Security system to calculate the Primary Insurance Amount which decides the value of benefits paid under Title II of the Social Security Act under the 1978 New Start Method. Specifically, Average Indexed Monthly Earnings is an ...

  3. Real wages - Wikipedia

    en.wikipedia.org/wiki/Real_wages

    The nominal wage increases a worker sees in his paycheck may give a misleading impression of whether he is "getting ahead" or "falling behind" over time. For example, the average worker’s paycheck increased 2.7% in 2005, while it increased 2.1% in 2015, creating an impression for some workers that they were "falling behind". [ 3 ]

  4. Direct labor cost - Wikipedia

    en.wikipedia.org/wiki/Direct_labor_cost

    Direct labor cost. Direct labor cost is a part of wage-bill or payroll that can be specifically and consistently assigned to or associated with the manufacture of a product, a particular work order, or provision of a service. Also, we can say it is the cost of the work done by those workers who actually make the product on the production line .

  5. List of European countries by average wage - Wikipedia

    en.wikipedia.org/wiki/List_of_European_countries...

    The countries and territories on the map have a net average monthly salary (adjusted for living costs in PPP) of: Purple. above $4,000. Green. $3,000 to $3,999. Blue. $2,000 to $2,999. Orange. $1,499 to $1,999.

  6. I’m an Economist: Here’s What Could Happen to Wage ... - AOL

    www.aol.com/m-economist-could-happen-wage...

    “The percent of hourly workers earning at or below the federal minimum wage has fallen from 15% in 1979 to about 1.3% today. Raising the federal minimum wage will likely have very little impact ...

  7. List of European Union member states by minimum wage

    en.wikipedia.org/wiki/List_of_European_Union...

    Monthly minimum gross wage Monthly net minimum wage Monthly gross minimum wage Hourly rate Effective per Foo 10 10 Belgium: €2029.88 [3] - €2029.88 €12.11 1 April 2024 Bulgaria: 1080 lev (minimum wage is fixed at an hourly rate) [4] €446.00 [5] €553.00 €3.45 [6] 1 January 2025 Croatia: €840.00 [7] €677.00 [8] €840.00 €5.25

  8. The US Cities With the Highest (& Lowest) Salaries Needed to ...

    www.aol.com/us-cities-highest-lowest-salaries...

    Annual salary needed for a single adult to live comfortably: $75,254. Combined salaries for two working adults with two children needed: $180,461. 3. Lubbock, Texas. Hourly wage needed for a ...

  9. List of countries by average wage - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    Wages cover the total economy and are expressed per full-time equivalent employee. [ 3] * Indicates " Economy of [country or territory]" links. Country. Gross Average Monthly Wages in 2023 (USD, at current exchange rates) [ 4] Switzerland *. 8,111 (2022) Luxembourg *.

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