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Reply to "Raise when care needs are changing"
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[quote=Anonymous]nannydebsays -- I am the first responder with the $40 example. Your critique of the formula I suggested seems somewhat knee-jerk. Let's pull out a calculator. IN YOUR RESPONSE, you suggest 5-10% raise. Let's use your $14 an hour example: $14/hr x 40 hours = $560/week a $40/week increase = $600 A raise from $560/wk to $600/week = slightly more than 7%. AND - let's use a more robust salary. Let's say someone has an average hourly rate of $15/hour for 50 hours. That is $750/week. A $40/hour raise results in $790/week. Again, this is a little more than 5%.[/quote]
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