What is a good hourly rate to make with a degree?

Question

I have a bachelor's degree in Business Administration with a marketing emphasis, I have an interview with a job that has an hourly rate, rather than salary, what would you expect a good rate to be?

Answer 1

There are some other factors involved like any previous experience you have, where your degree is from, how closely the job matches your education/prior experience, what part of the country you're in, whether you'd be working at a rural or big city firm, the industry your prospective employer works in and so on. However, these days I'd say an annual salary of anywhere from $30K to $40K to start with is good.

One trick to converting hourly rate to annual salary is to multiply the hourly rate by 2,000 (because there are 52 weeks*40hours/week or 2,080 = ~2,000 hours in a standard business year). Thus $30K to $40K translates to an hourly rate of $15 to $20.

For a truly entry level position $10/hour (=~$20,000) per year might be legitimately offered but that's low. However if its a job you really want, make sure you find out how long you'd be considered entry level and ask about when you might expect to be moved to a higher level (i.e., non-entry level) position.

Hope this helps. Good luck!

Answer 2

This is all dependent on your experience and the market. Use the following formula to quickly determine an approximate for the hourly rate

annual salary/2000 = hourly rate

Thus someone making 60000 annually should be in the $30/hour range. This also depends on if benefits are included. IF medical benefits are not included then you need to increase the hourly rate to compensate for the cost fo benefits. Again these vary from region to region.

Answer 3

$20+

Answer 4

Really depends on your location - in TX $30k - $35k is a good starting pay. This translates to $14.50 - $17.00.

When looking at hourly pay and you expect to work Full Time, multiply the hourly by 2080 (thats the # of hours usually worked full time with paid holidays and days off). Thats how accounts payble may look at it.

Good luck whatever you do!

Answer 5

It really depends on the market where you are looking to be employed. In Washington DC, for example...a good starting hourly rate would be $18/hr

Answer 6

If you really do have a degree in Business Administration, then you must be aware that pay depends on location. You didn't give enough information to make an answer,.

Answer 7

depends where. you'll get more in a metropolitan area (say Chicago or San Fransisco) than a rural area like South Dakota.

if you have an idea of what you're looking for in salary, mutiply the hourly rate by 2,080.

Answer 8

20+ an hour. But accept between 14-25

Answer 9

What type of school? Technical or Traditional? If you have never had a job with this degree and are fresh out of college you will probably get paid around $10-$12/hour (somewhere between 20800-25000 per year) for your probationary period.

Answer 10

Depends on the company/job.....But for starters you should expect about $30-$35/hr which translates to about $50-60k per year.