According to a wage report issued in 2012 by the United Nations' International Labour Organization (ILO), India ranked 69 out of 72 countries listed, with the average monthly wage equivalent to $295 U.S. dollars or just over 18,117 rupees. The countries with lower wages than India include the Philippines, Pakistan and Tajikistan.Know More
The report published by the ILO highlights the plight of workers in countries around the world. At such a low wage, it is difficult for Indians to earn a decent living and support their families. Because most cities are also very overcrowded, property prices are often very high. According to Numbeo, the price per square meter to buy an apartment in a city center is averaged at $1,295.23.
The country struggles to meet the needs of its poor and the disparaging difference between the classes in India is stunning. For those who are above the poverty level, life is good. The average person's disposable salary per month (after tax) is $478.10. However, according to Time Magazine, one third of the world's 1.2 billion poorest people live in India. For those living below the poverty line, approximately 1.4 billion children under the age of five die before their fifth birthday.Learn more about Salaries
The minimum annual salary for an American Hockey League (AHL) player for the 2014-2015 hockey season is $42,375 U.S. dollars for American hockey clubs and $43,905 Canadian dollars for Canadian clubs. Players on loan from lesser leagues have lower minimum salaries of $33,185 U.S. or $34,460 Canadian dollars.Full Answer >
The starting wage at Lowe's varies depending on the state and the work experience of the employee, but the average is approximately nine dollars an hour. The more work experience in a similar field or other related jobs changes an employee's pay because they require less training and can work with less supervision immediately. The benefits for a Lowe's full time employee includes paid vacation, 401k and health insurance.Full Answer >
The Glassdoor website lists starting salaries at Menards from approximately $7 to $12 per hour as of 2014. The retail giant offers wages on the lower end of the scale to its sales associates and cashiers, who average $9.38 per hour and $8.92 per hour, respectively.Full Answer >
A wage-grade pay scale uses a set of standardized grades to rate positions in terms of compensation. Any employee hired into a position with a particular grade receives the same paycheck, even if the jobs may involve very different activities. Government jobs often use this type of system, with many positions following either the General Scale or Federal Wage System pay scales.Full Answer >