Quote:
|
Originally Posted by Jerrek
I used to be salaried, but this semester I get wages. What is the minimum wage in Britain? And what is average for a university student in the math or engineering faculty?
Minimum wage in Ontario is C$7.15 per hour [£2.90].
Students in the engineering and math faculties usually earn:
1st year: C$563 per week (C$14.10 per hour) [£226 p.w., £5.66 p.h.]
2nd year: C$678 per week (C$16.95 per hour) [£272 p.w., £6.80 p.h.]
3rd year: C$772 per week (C$19.30 per hour) [£310 p.w., £7.75 p.h.]
4th year: C$800+ per week (over C$20 per hour) [£320+ p.w., £8.00+ p.h.]
Graduation: starting at $48,000 a year [£19,250] on average
Damn, after conversion, I just realized how worthless the loony is. Reason I'm wondering is I want to try and get a co-op job outside of Canada and the United States. Probably Australia or Ireland. But I'd take anyplace.  |
But it's not what you earn as a pure value it's the spending power of that. The good ol big mac index.
If you earn C$7.15 and a big mac meal is $3 then it takes you less than 30 mins to buy it.
In the UK if you earn minimum wage of 4.5 and buy a big mac meal for 3.29 (I think have not had one for a while), then you have had to work for near 45 minutes to buy it. Thats a 50% increase.
This scales incredibly well to housing and other more sensible costs.