The new pay rate after the raise will be $15.41 per hour.
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Pay rise / old pay ie If some-one earning $1,000 per week gets a $50.00 pay rise, they have got a 5% pay rise.
Your new hourly rate will be $8.72
Miles per hour, litres per kilometre, annual salary (pay per year).Miles per hour, litres per kilometre, annual salary (pay per year).Miles per hour, litres per kilometre, annual salary (pay per year).Miles per hour, litres per kilometre, annual salary (pay per year).
Perhaps you could measure job productivity for compensation.Example: If you produce 15 widgets per hour, your pay will be $15 per hour.If you produce 20 widgets per hour, you pay will be $17.50 per hour; and if you produce 30 widgets per hour, your pay will be $20 per hour.
at 40 hours per week for 52 weeks that is $38.46 per hour