Today's average weekly salary is slightly above $1,000 per week
I can believe the
average U.S.
salary is about $1,000 per week.
However, I find it difficult at best to believe the average hourly
wage is over $25 an hour, for a full-time 40 hour work week, or even $12.50 an hour, for that matter.
Full Time and formerly Full Time hourly manufacturing and services employees who had their hours cut from 40 plus hours a week making them Part Time employees, no more than 35 to 39 hours a week, even without a cut in their hourly rate, sure aren't bringing home a grand a week.
Business Executives, Priests, Active Duty Military, Politicians, Police/Fireman, etc., and some tradesman receive a
salary.
When you're on salary, it doesn't matter if you work <1 minute or 180 hours and more in any given pay period. Your pay is the same.
Also, there is no such thing as "over-time" when you're on salary.
When I was a fabrication welder, working for my step-grandfather in 1975 to 1977, I was on salary. When I was unable to work because of operations on my right knee and hip, I still received my full pay for those weeks.
I was on salary for the last company I worked for (for over 33 years) managing and working retail, night clubs, a vacation rental property in the FL Keys, receptionist, executive secretary, assistant broadcast engineer, and traffic director (among other duties) at a TV station they had. A 12 hour work day was a "short shift." More than once I had 24 to 34~36 hour shifts with no sleep during the shift. A 120 to 150 hour work week was "normal". No such thing as "over time".
If you earn a
wage on the other hand, you get paid a set amount (I believe the current Federal minimum wage is $8.³⁰ an hour, set to increase to $12.⁰⁰ an hour over the next eight or nine years. Most workers make over the minimum wage) for every hour worked up to 40 hours per week. Hours 40.1 to 60 are "Time and a half" or base pay times 1.5. Hours. Any time from 60.1 to 80 hours are at "double time" or 2x the workers base pay. The first 40 is not paid at the higher over-time rates, as applicable. The hours worked at 1.5x are not paid at the 2x overtime rate, should you get into those total hours in any given pay period. (80.1 hours and above are at 3x the base pay.)
The increased pay after 40 hours is called "over-time".
Note that truck drivers required to maintain a log receive a salary (set amount, which can vary for each load) for each mile traveled, and are limited by Federal Law to a maximum of 70 hours during any seven consecutive days. There is no such thing as "over time" for truckers, either.
At midnight
truck time you "get back" the hours worked the seventh day prior. Truck Time is the same as your base location time; not necessarily
your location if you are an over the road/nation-wide driver.
You can reset your 70 hour clock by being parked in one location and not moving the truck for 36 consecutive hours plus 5 minutes, to be "safe" the electronic log has properly logged your rest.
When I drove expedited box truck, my Truck Time, log, and delivery/pick up times were Eastern time.
It didn't matter what time zone I was in ... which could and did change a couple times a day.
I might start my day in say PA (eastern time) pick up a load going to Texas or points west, and end my 10 hour shift in Central time. When it was a team truck, I might start my next 10 hour shift in Mountain or Pacific time, depending on how close I got us to the next time zone.
I kept my watch, "smart phone", tablet, and laptop on Central time.
The electronic log & truck tracking device was also locked on Eastern time. "Local Time" was irrelevant to my day and the operation of the truck.
It is my understanding that a lot of US employers are cutting the hourly employee's work week to 39 hours or less, making their workforce part-time employees for a variety of reasons, and continue to lower their costs over the last 15 years or so in an effort
not to shut down operations.
I would be surprised if the average full time hourly wage earner took home $500 a week.
Part-timers at McDonalds et-al much over $175 a week.
BTW: Dropping fries or building sandwiches, etc. at McDonalds et-al, stocking store shelves, etc. has never been intended as a career to support a family. They have always been intended as a first job to teach high schoolers how to work and follow instructions, make gas money, and maybe hang out with friends after school. Not a life-long career.