Tag: average hourly wage

Can I Afford an iPad?

Can I Afford an iPad?

The iPad will hit stores in spring 2010. While Johnny McLameperson whines about what features it’s lacking, make no mistake: he’s hawking your spot in line at the Mac store for the launch day. That being said, you’re gonna need to come up with $729 for the midrange 3G iPad. Here’s a look at what you’ll have to do to earn the scratch to get one.

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A coffee barista has to make 8,526 drinks to earn enough tips

Tip your barista for your MochaChocaLatteFrappe. They’re counting on it. On average, baristas make $1.71 per hour in tips. If they made about 20 drinks an hour, they’d have to make 8,526 drinks to earn enough tips to pay for the iPad.

The world’s fastest pizza maker, making minimum wage, has to make 15,000 pizzas

Here’s something to aim for: the world record for pizza making stands at 15 pizzas in 6 minutes (pepperoni, if you were wondering). At this pizza-making rate, a student making the federal minimum wage of $7.25 an hour would have to make 15,083 pizzas to earn enough money to pay for an iPad.

A waitress at a casual dining restaurant has to serve 211 two-tops to earn enough tips

The average check at a casual dining restaurant is around $23 for a party of 2. With 15 percent gratuity, a waiter or waitress would have to serve 211 tables of two to make enough money in tips to pay for an iPad.

A mason has to lay 4,950 bricks.

A mason can lay, on average, 1,200 bricks per day. With an average hourly wage of $21.74, he’d have to lay 4,950 bricks to earn enough money to pay for an iPad. That’s just four days’ work.

Steve Jobs has to move iPhones for 52 minutes.

You know what there isn’t an app for? Being a mega-bazillionare. In 2009 Apple moved 4,363,000 iPhones. In that same year Steve Jobs made $7.3 million. That’s about $1.65 for every iPhone sold. So to buy himself an iPad (though he doesn’t have to, you know, because he made it) Steve Jobs would have to move 484 phones, which he’d do in about 52 minutes.

Peyton Manning has to pass a football 8.4 inches.

Peyton Manning makes $14 million per year. Super Bowl notwithstanding, in the 2009 regular season he completed 4,500 passing yards (totaling 162,000 inches). If you divide his salary by the number of passing inches, he would need to pass the ball a little more than 8.4 inches to make $729. And just in case you’re wondering, a football is 11” long.

Bill Gates’ heart has to beat 10.5 times.

Bill Gates might be a PC, but he’s laughing about the commercials… all the way to the bank. Last year he made an estimated $2.64 billion (or $83.65/second). What else happens in a second? Well for starters, the average human heart beats 1.2 times. Bill Gates’ heart only has to beat 10.5 times to make enough money to buy an iPad.

Will Smith needs to make .2 seconds of a movie

Will Smith made $45 million off the movies “Hancock” and “7 Pounds.” These movies had a combined run time of 190 minutes (3 hours, 10 minutes). That means he made $3.95/millisecond. He’d make enough money for an iPad .2 seconds into either movie. Is that even possible? Maybe he’ll buy us one too.

Created by Chip Trout

Getting the Most from the Job Market Infographic

Getting the Most from the Job Market Infographic

JobMarketInfographicLrg (1)

There is a lot of information on this infographic, but isn’t that what infographics are for?  Getting a lot of information across in an easy-to-understand way?  Yes.  That’s why we’re all here, right?  So let’s see if this piece does its job.

Percent of Distribution by Income

If I’m reading this wheel right, it looks like 20.5% of the distribution of money (?) goes to people who make $100,000/year or more. Or is it that 20.5%  of the population makes $100,000/year or more?  I’m assuming that it’s 20.5% of the money, but that could be wrong.  This section could be a little clearer.  The average yearly salary in 2010 was $44,410.00.

Top 10 Highest Paying Jobs

The highest paying jobs are, in order from largest salary to smallest, surgeon, anesthesiologist, CEO, dentist orthodontist, lawyer, natural science manager, petroleum engineer, architectural and engineering manager, computer and information systems manager, and marketing manager.  There is also a section on this list that shows how many average years of college one of these professions takes.  The list is kind of skewed, because below it shoes that there are other professions in the medical field that pay more than CEO, etc.

Top 10 Lowest Paying Jobs

The lowest paying jobs, in order of lowest pay to highest, are fast food cooks, food prep people, dishwashers, shampooers, counter attendants, hosts and hostesses, amusement park attendants, cashiers, farmworkers, and ushers.  The average hourly wage of the top 10 is $73.86 per hour, the average hourly wage of the lowest 10 is $9.32, while the minimum wage is $7.25.

Money By Degree

A person who doesn’t graduate high school stands to make $21,332 per year, while a person with an advanced degree stands to make $55,242.  A person with a Bachelor Degree will make twice what a person who didn’t graduate high school will make.

Earnings by Major

The next section handles earnings by major – take a look.  You may be surprised by the numbers.  There is also a list of the top 10 majors with theh highest median earnings.  They’re mostly all in engineering or science.

Percentage of Employment by Education

See the graph for a further explanation of this.

Is School Worth the Cost?

The final sections deal with the cost of schooling, and a listing of the top 10 majors with highest employment rate vs. the top 10 majors with the lowest.  It also shows how much it costs to get certain degrees, and the meager starting salaries of those professions.  But I think the point is that eventually, if you earn a degree, you will earn more money.  And, an advanced degree will end up earning you the most money.

Design:  B+

The infographic is attractive and split into easy-to-follow sections.

Information:  B-

Other than the unclear section about the distribution by income, the information is straightforward and illuminating.

Source: Online Masters Programs for No GMAT MBA’s

What Happens When you Charge a Credit Card Graphic

What Happens When you Charge a Credit Card Graphic

credit-card-flow-infographic

Ever wondered about the nuts and bolts of the credit card charging process? I personally hadn’t–until I saw this graphic, which succeeded in getting my attention. After reading the graphic, I was shocked to discover just how complicated the process actually is. This graphic describes (in excruciating detail) exactly what happens when you hand a cashier a credit card and he or she swipes it.

Right off the bat, the machine ensures that the customer has enough money in his account. The computer looks up information about the customer to verify that everything is copacetic. No money is being transferred for the first few seconds of the transaction, just info about the patron. After the check is complete, the money begins its slow crawl toward the merchant’s bank account. It’s so slow in fact that the money transfer is actually spread over a few days. The total gateway fees aren’t even collected until the end of the month.

According to the graphic, a typical transaction of $100 will net the merchant about $96 after all the fees have been tallied up.

Now, let’s move on to everyone’s favorite segment. The grading showdown.

Infographics Scorecard

Design: B

This design isn’t gong to make anyone stop what they’re doing and do cartwheels in the street to celebrate its genius, but it’s a solid graphic, nonetheless. It’s hard to make this topic interesting, so it’s fair to say that the creator did the best they could given what they had to work with.

Content: B-

Again, how much is there to really examine in this narrow topic? If I was writing this graphic, I would feel constrained, and I’m sure the writer felt that as well. The writer tried to make this topic as intriguing as they could, but I’d wager that they eventually hit a wall.  There’s only so much they could do with this graphic.  I suppose they could have put unrelated stats (as many graphics here at the infographic showcase tend to do).  For instance, they could have said, “The entire transaction takes ten seconds. In the same time frame, a burglary is occurring somewhere (since one burglary occurs every ten seconds).”  But after a while, these kind of unrelated stats get a bit cheesy, so I don’t know if throwing in unconnected stats would have made this graphic any  more entertaining.

Overall, this graphic is a decent effort.

Graphic courtesy of Fee Fighters

Customer Service Statistics Infographic

Customer Service Statistics Infographic

what-is-good-customer-service

What makes good customer service? An interesting topic for an infographic to tackle, if I do say so myself. This graphic starts off by displaying the top 10 commandments for good customers service.  Among those are mainly common sense policies, but despite this, not all customer service people follow these core principals.  One such tillar, “always provide what you promise,” is sadly ignored all too often.  In fact, some businesses are completely built off a lie and selling that lie. Another principle, “never argue with a customer” is being broken somewhere everyday, probably every hour.

The next portion of the graphic goes on to describe the state of customer service in America, and breaks these stats down by industry. The telling statistic in this segment of the graphic is that no industry had a higher than 10 percent exceptional rating. But four industries did have exceptional ratings: communications, retail, financial services, and insurance.  Based on my interpretation of this portion, it is very hard to determine which industry is the leader when it comes to customer service.  On the one hand, the financial services industry had 10 percent of people give it an exceptional rating, and 45 percent give it an above average rating, but it also had 30 percent of people give it a “poor” rating, which is a higher percentage poor rating than any of other industries received.  So much for that industry getting the most overall high marks.

I do wonder though how much of that 30% poor rating comes from public perception of that industry and not from actual customer service experiences.  The creators do not say much about the source of this information, other than mentioning it at the bottom of  the graphic.

The next section of the graphic ranks companies based on their polled customer service ratings.  This is the juicy stuff.  Unfortunately for AOL, it clocks in last, with a monstrous 42% of people polled saying that its customer service was horrid in 2010. No wonder it’s trying to change its business model to that of content creation and buy Yahoo.  Unsurprisingly, Bank of America also received unfavorable ratings.

So, which companies had the highest customer service ratings in the poll?  Amazon, Trader Joe’s, and Netflix top the list.  Apple also scored well in the poll, sure to please Apple enthusiasts across the land.

Infographics Scorecard

Design: B

This graphic’s design isn’t going to blow anyone away. On the plus side, it’s not going to make anyone scream in terror either.  Therefore, I’ve rewarded it with a solid “B.” The graphic as a whole is attractive, but it’s not dazzling.

Content: B+

Again, the content of this graphic is solid, but not extraordinary. It’s filled with facts pulled from various sources, but there are no amazing or outlandish stats to make you stop and say, “Wow! That’s fascinating!” If you contrast the sort of facts in this graphic with the ones presented in say, the Google graphic we ran, you can see what I’m talking about.

Overall, this graphic is impressive, but not in an off-the-charts sort of way. What do you think, loyal infographic showcase reader? Did this graphic adequately answer the question, “What makes good customer service?”

Graphic supplied by Get Satisfaction.

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