As of 2020, the US minimum wage is $7.25 per hour. If a large corporation paid each of their 1 million employees that rate for 39 hours per week, 51 weeks per year, how much would each worker earn? What total amount is the company paying in salaries?

First, determine each worker's salary.
$
/year

To determine each worker's salary, follow these steps:

1. **Hourly wage:** $7.25 per hour
2. **Weekly hours worked:** 39 hours per week
3. **Weeks worked per year:** 51 weeks per year

First, calculate the weekly earnings for each worker:

\[
\text{Weekly earnings} = 7.25 \times 39 = 282.75 \text{ dollars per week}
\]

Next, calculate the annual salary:

\[
\text{Annual salary} = 282.75 \times 51 = 14,415.75 \text{ dollars per year}
\]

So, each worker would earn **$14,415.75 per year**.

If you have any questions or want more details, feel free to ask!

**Relative questions:**
1. How would the salary change if the hourly wage increased to $10 per hour?
2. What would be the salary if the employees worked 40 hours per week instead of 39?
3. How much would each worker earn if they worked only 50 weeks per year?
4. What is the total amount paid by the company in salaries if the number of employees increases to 1.5 million?
5. How would the total amount paid in salaries change if the minimum wage increased by $1?

**Tip:** When calculating annual salaries, always account for the exact number of weeks worked per year to avoid errors.

Learn how to calculate each worker's annual salary and the total company payroll using the US minimum wage of $7.25 per hour, assuming 39 hours per week and 51 weeks per year. Understand the arithmetic behind salary calculations for large corporations.

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