New minimum wage salary scale
Here is a proposed minimum wage salary scale for the United States, based on the Fair Labor Standards Act (FLSA) and the federal minimum wage of $7.25 per hour:
Minimum Wage Salary Scale:
- Entry-Level: $7.25 - $8.50 per hour (approximately $15,080 - $17,680 per year)
- Suitable for entry-level positions, such as retail sales associates, food service workers, and customer service representatives.
- Basic: $8.50 - $10.00 per hour (approximately $17,680 - $20,800 per year)
- Suitable for positions that require some experience and training, such as administrative assistants, data entry clerks, and customer service representatives.
- Intermediate: $10.00 - $12.50 per hour (approximately $20,800 - $26,000 per year)
- Suitable for positions that require significant experience and training, such as marketing coordinators, human resources generalists, and accounting clerks.
- Advanced: $12.50 - $15.00 per hour (approximately $26,000 - $31,200 per year)
- Suitable for positions that require advanced education and experience, such as software developers, engineers, and financial analysts.
- Senior: $15.00 - $18.00 per hour (approximately $31,200 - $37,440 per year)
- Suitable for positions that require significant experience and leadership skills, such as department managers, team leaders, and senior analysts.
- Executive: $18.00 - $25.00 per hour (approximately $37,440 - $52,000 per year)
- Suitable for positions that require executive-level experience and leadership skills, such as CEOs, CFOs, and department heads.
Note: These salary ranges are approximate and may vary depending on factors such as location, industry, and employer. Additionally, these ranges are based on a 40-hour workweek and do not include non-wage benefits, such as health insurance, retirement plans, and paid time off.
It's worth noting that some cities and states have implemented higher minimum wages, and some employers may choose to pay their employees a higher wage than the minimum wage.