full-time at fifteen an hour
- Minimum wage that applies
- 15
- Hours per week
- 40
- Weeks worked per year
- 52
- Tipped cash wage, if applicable
- 0
Annual earnings at the minimum$31,200.00
arithmetic identity
Open this exampleAnnual and monthly earnings at a minimum wage, including the tipped case where a lower cash wage is topped up by tips. If tips fall short, the employer has to make up the difference.
Also called: minimum wage annual salary, tipped minimum wage.
$31,200.00 a year at 15 an hour for 40 hours a week, which is $2,600.00 a month. No tipped wage entered, so the full minimum is paid in cash.
An estimate, not an offer or a guarantee. Projected returns assume the rate you entered holds for the whole term, which no market does.
This is what the calculation gives for the numbers you entered. It is an estimate, not advice, and it knows nothing about your situation beyond those numbers. Rules for United States change on a published schedule; the effective date is shown on every rule-based tool.
The arithmetic is a multiplication; what makes the page worth having is the tipped case. An employer may pay a lower cash wage and claim a tip credit for the difference, but only if tips actually bring the worker to the full minimum. When they do not, the employer owes the shortfall. The tips needed each week to reach the minimum is shown for exactly that reason.
annual = hourly rate * hours a week * weeks a yearEach of these is asserted on every build. If a change to the engine ever moved one of these answers, the build would fail before the page could print it.
Annual earnings at the minimum$31,200.00
arithmetic identity
Open this exampleAnnual earnings at the minimum$31,200.00
boundary: the federal tipped cash wage against a 15 dollar minimum
Open this exampleAnnual earnings at the minimum$15,600.00
degenerate case
Open this exampleFormula version 1.0.0 · definition 1.0.0 · United States · Report a problem with this calculator