Why your boss is keeping a lot of your cash from you
The average worker in a U.S. office earns $16,842 per year.
Most of that comes from overtime pay, with the rest coming from a variety of other sources.
But the average office worker doesn’t earn much more than the national average salary of $26,895.
That means a lot less for many office workers, according to a new report.
The new report, from the Economic Policy Institute (EPI), estimates that while an office worker in the United States will earn roughly $16.8 million over his or her lifetime, the average worker could be earning $9,000 less than the average income for that same office worker.
The report found that the average working person’s retirement fund is worth only $9.3 million.
That makes it even more important to take care of yourself, says EPI senior policy analyst Mark Zandi.
The longer you work in an office, the more you will be taxed at higher rates than your fellow workers.
The higher your tax rate, the bigger the hole you will likely find yourself in when your retirement fund runs dry.
For example, the median salary for a full-time worker in 2016 was $56,900.
But for the median employee, the report finds that their retirement fund could be worth $3.3 billion, or nearly 40% of their total annual income.
The report’s authors looked at how much money employees made in different industries and occupations, and then compared them to what the typical employee would earn in their current job.
It found that an office job pays much more for its workers than the typical worker in other professions, including teaching, construction, and service jobs.
And that means that even if you have an office where you are paid well, it’s important to find ways to earn extra money for your retirement, says Andrew T. Green, senior vice president of EPI’s research and policy program.
For instance, an office that provides more flexibility than a traditional job, where you can work from home, may be a good fit for people with less education and less experience in the office.
The Economic Policy Report’s report finds a few tips to help you keep your money in the bank.
It also offers tips on how to find a job that pays more than you are earning.
First, look at the job you are applying for, says Zandi, noting that there are many positions in different occupations.
If the job offers a decent amount of flexibility and offers a better compensation package, then you might be able to find more lucrative work.
Second, consider your previous pay, according the report.
If you have a higher salary and are getting more raises, consider taking a salary cut.
Third, be sure you have the right kind of job to keep your cash.
The Economic Policy report says a lot more people get into the wrong types of jobs.
For example, people who are more in demand in certain sectors of the economy might be more likely to end up in office work, but not in other industries.
Fourth, if you don’t think you’ll be able make much more, consider getting a layoff or redundancy, says Green.
If your work has gone well, you might not be able earn enough money to make it worth your while.
Lastly, if a job offer is too good to pass up, then maybe you should consider it, he says.