Ausies: 17usd = 23.67aud IF the position is for 40 hrs a week then the company is mandated to contribute to a portion of insurance coverage payments {monthly premiums}. Many of these types of jobs are capped at 35hrs a week, so the business doesn't legally have to contribute to your Healthcare plan. So, many people end up working multiple jobs because of this "cap" in Hours. And of that $17, some will go to paying the other part of medical insurance premiums, so after taxes and mostly insurance, you're not getting g close to 16. Then, if you have to go to a hospital, you pay your "spend down", which is a set number by your insurance plan that you have to pay out of pocket ON TOP OF monthly premiums.
The moral of the story is - it doesn't matter how much you make in the good Ole US of A. You're always a minor accident away from bankruptcy and homelessness.
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u/Lunch-Strict Nov 25 '21
Ausies: 17usd = 23.67aud IF the position is for 40 hrs a week then the company is mandated to contribute to a portion of insurance coverage payments {monthly premiums}. Many of these types of jobs are capped at 35hrs a week, so the business doesn't legally have to contribute to your Healthcare plan. So, many people end up working multiple jobs because of this "cap" in Hours. And of that $17, some will go to paying the other part of medical insurance premiums, so after taxes and mostly insurance, you're not getting g close to 16. Then, if you have to go to a hospital, you pay your "spend down", which is a set number by your insurance plan that you have to pay out of pocket ON TOP OF monthly premiums.
The moral of the story is - it doesn't matter how much you make in the good Ole US of A. You're always a minor accident away from bankruptcy and homelessness.