Question
Average salary of a non-degreed worker
29 to 99 an hour for full-time work
Average salary of a non-degreed worker
29 to 99 an hour for full-time work
Average salary of a non-degreed worker
Answers
GPT-4o mini
To calculate the average salary of a non-degreed worker based on the hourly wage range you provided (from $29 to $99 an hour), we can find the average hourly rate and then project it to an annual salary.
1. **Calculate the average hourly wage:**
\[
\text{Average Hourly Wage} = \frac{\text{Minimum Hourly Wage} + \text{Maximum Hourly Wage}}{2} = \frac{29 + 99}{2} = \frac{128}{2} = 64
\]
2. **Convert hourly wage to annual salary:**
Assuming full-time work typically means 40 hours a week and about 52 weeks in a year:
\[
\text{Annual Salary} = \text{Average Hourly Wage} \times \text{Hours per Week} \times \text{Weeks per Year} = 64 \times 40 \times 52
\]
\[
\text{Annual Salary} = 64 \times 2080 = 133,120
\]
So, the average annual salary of a non-degreed worker based on the given hourly wage range would be approximately **$133,120**.
1. **Calculate the average hourly wage:**
\[
\text{Average Hourly Wage} = \frac{\text{Minimum Hourly Wage} + \text{Maximum Hourly Wage}}{2} = \frac{29 + 99}{2} = \frac{128}{2} = 64
\]
2. **Convert hourly wage to annual salary:**
Assuming full-time work typically means 40 hours a week and about 52 weeks in a year:
\[
\text{Annual Salary} = \text{Average Hourly Wage} \times \text{Hours per Week} \times \text{Weeks per Year} = 64 \times 40 \times 52
\]
\[
\text{Annual Salary} = 64 \times 2080 = 133,120
\]
So, the average annual salary of a non-degreed worker based on the given hourly wage range would be approximately **$133,120**.