Originally Posted by kittywitty
Shows how long it's been since I worked!
Either way that doesn't take into account taxes, benefits you pay for like insurance and mandatory retirement funds, union fees for a lot of jobs, work related expenses such as transportation and clothing costs, childcare expenses, etc.
No it doesn't take into account taxes, but if you work minimum wage and have any kids, it's pretty likely that you don't have any tax liability, so you could set up your w-4 to not have any taken out. Also, if you (general) are working minimum wage, I think it's unlikely that you are the breadwinner of the family, and benefits are likely taken out of your SO's income. Though I know this is not always the case, I would venture a guess that a substantial number of moms (since we are talking about the folks who leave a min wage job to be a SAHM) who work min wages jobs don't carry the insurance...for that matter if they were the one carrying the ins, they probably aren't going to be leaving the job. Mandatory retirement funds? Do you live in Canada? That's a genuine question, because I am pretty sure that other than social security (which comes out as taxes) there isn't any retirement savings that can be made truely mandatory in the US. Union fees-I have worked a LOT of min. wage jobs (and in fact currently am just barely above min wage) and I can't think of a single one that even HAS a union, let alone mandatory fees for it. The only union I have ever had to deal with, mandatory or otherwise, was when I was teaching, not min wage. Unions are usually for skilled positions, min wage usually isn't skilled. Transportation...well that one's up in the air. I know I drive much much more on my days off than I do on the one day a week I currently work. But then I have recently determined that I am somewhat of an anomoly in the driving department, I drive a LOT in general. It's nothing for me to drive an hour, one way, for just one errand out of say six or so in a day. And some folks work close to home, some not. Childcare-not necessarily an expense of working....and if you are working min wage AND have to pay childcare, well, it's barely worth working anyway. If you have two kids that need childcare, you are probably paying more in child care than you bring home, gross pay.