[CitizenUSA]

$60 per hour times 40 hours per week times 52 weeks is nearly $125K per year. Am I in the wrong line of work????

[markomalley]

Don’t forget overtime.

[Rusty0604]

Plus cadillac healthcare and cushy pensions.

[DoodleDawg]

$60 per hour times 40 hours per week times 52 weeks is nearly $125K per year.

That's an hourly rate factoring in benefits and pension. It isn't what they get paid.

[eastforker]

That is labor cost, not employee pay. That is the thinking of most of Americans. That $15 min wage for a burger flipper cost the employer about $30-$40 an hour after payroll taxes, workers comp, uniforms, insurance and other benefits.

[stylin19a]

The hourly rate used to include total benefits, not just salary. Not sure how it’s being used here.

[exnavy]

That is “labor costs” not wages per hour.