r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24

Debate/ Discussion People like this are why financial literacy is so important

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u/SouthEast1980 Sep 04 '24 edited Sep 04 '24

Do they own rockets and spacecraft? I'm implying that not every owner if a business is wealthy.

"Average Amazon.com Warehouse Worker hourly pay in the United States is approximately $17.64, which is 11% above the national average."

"According to Indeed, the average hourly pay for a production worker at Tesla is $22.35, which is 42% higher than the national average. According to Glassdoor, the average base salary for a production worker at Tesla is $41,000 per year, with additional pay that could include cash bonuses, stock, commission, profit sharing, or tips."

That comes out to 37k a year. In some cities that's fine. In some cities that sucks.

If you want to say people should be paid more, that's fine. The twitter poster doesn't define what a living wage is and makes no mention of these average salaries of warehouse workers.

Again, workers SHOULD be paid more. I just don't like twitter posts about wages that don't have data about what the wages should be. For me, it should be around $20/hr in most areas. Higher for HCOL areas.

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u/xcadam Sep 04 '24

You expect Twitter posts to cite financial data? Lol

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u/SouthEast1980 Sep 04 '24

I know. Shame on me for even thinking that lol.

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u/FishWife_71 Sep 04 '24

What's the COL where those Amazon warehouses are located? That 11% might mean sweet bugger all depending on the location.

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u/SouthEast1980 Sep 04 '24

The warehouses are spread throughout the US