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Reply to "Can Someone Explain What a Blended Rate Means? Who does it Benefit?"
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[quote=Anonymous]If you're only going to take $20/hr and $30/hr overtime, than any rate that adds up to less than $1100/wk will be a no-go for you. But that's just the total. They could express that $1100 as the technical $20/hr base rate + $30/hr OT, or as a blended rate of $22/hr across the board. Both equal $1100 for 50 hours. My guess is, however, that they do not want to pay $30/hr OT, so they are going to offer you $1000/wk which breaks down as above. If you are willing to take that rate, then any hours beyond the 50 would also be paid at the "blended" OT rate of $27.05/hr. In this case it would not benefit you unless you want the job and are willing to take a lower rate. In general, though, a blended rate just expresses the amount differently to come up with a mutually-agreed-upon weekly total.[/quote]
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