I was talking to a friend the other night who lamented that he only made $60,000 but he knows other guys who are pulling in $130,000 a year.
I asked him: How many hours do you work versus how many they work?
He admitted that he works a normal workday about 40 hours a week, and the other guys are working 100 hours a week.
I told him to do the math and figure out the wage per hour because he was making more than those guys.
40 hours a week x 50 weeks (2 weeks vacation) =
2000 hours a year
100 hours a week x 50 weeks (2 weeks vacation) =
5000 hours a year
$60,000 / 2000 hours a year = $30/hour
$130,000 / 5000 hours a year = $26/hour
…and there you have it.
What those guys are really doing, are working two jobs and a half. Do they have a life? I don’t know. I wouldn’t want it, if they did.
…for those who are curious, my wage per hour is $130.