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This is the map and list of Asian countries by monthly average wage (annual divided by 12 months) gross and net income (after taxes) average wages for full-time employees in their local currency and in US Dollar. The chart below reflects the average (mean) wage as reported by various data providers.
Average annual wages per full-time equivalent dependent employee are obtained by dividing the national-accounts-based total wage bill by the average number of employees in the total economy, which is then multiplied by the ratio of average usual weekly hours per full-time employee to average usually weekly hours for all employees.
As of 2011, it is estimated that about 7M are underemployed. It went back up after it fell in 2010 at 6.5M. Visibly underemployed people, people working less than 40 hours per week, cover 57% while the rest is made up by Invisible underemployed people, those who work over 40 hours per week but wants more hours. [4] [8]
The gross pay per hour for a job paying $60,000 annually would be $28.84. This is based on a 52-week year and the estimate is pre-tax and does not factor in any unpaid leave or overtime.
The Royal Canadian Mounted Police (RCMP) compensates its officers based on a tiered pay scale that reflects their rank and years of service. Entry-level constables begin with a starting salary of $71,191 per year, [28] with incremental raises leading to higher earnings as they gain experience: 6 months of service: $92,497 per year
The prevailing labor code allows the typical working hour to be 8 hours a day, i.e. 48 hours a week with the provision that at least a day should be allowed to the workers as weekly off. [ 2 ] [ 3 ] The minimum age allowed for employment is considered 15 years in the Philippines, unless the individuals are working under direct supervision of ...
PAYE (Pay As You Earn) is a significant contributor to tax being 45%. [35] Given the high unemployment rate the tax is quite heavy. This of course captures those that pay and keep records properly. The average salary is probably $250. This is skewed downwards by the large number of government employees whose average salary is around there.
Annual median equivalised disposable income per person, by OECD country. [ 3 ] The median equivalised disposable income is the median of the disposable income which is equivalised by dividing income by the square root of household size; the square root is used to acknowledge that people sharing accommodation benefit from pooling at least some ...