The global pandemic and subsequent recession have brought many companies to the brink.
At the same time, the fortunes of the 1 percent continue to rise, widening the racial and gender wealth gaps. Depending on which side of the issue you’re on, it’s either the most crucial or the most fraught moment ever to address a long-simmering debate: What’s a livable wage? And how responsible are employers for paying one? Do you want more? Read this!
The current federal minimum wage of $7.25 per hour hasn’t budged since 2009–the longest the U.S. has delayed an increase since the inception of the minimum wage in 1938.
And while a hotly contested $15 national wage did not wind up in the latest stimulus package, the issue isn’t going away.
Read this is you think you should be paid more than minimum wage?
New research rejects the commonly held belief that currently employed workers are not looking for new opportunities.
Indeed’s Talent Attraction Study, conducted within the United States among more than 8,000 adults, reveals that 71 percent of people in the labor force are actively seeking or are open to a new opportunity, and 90 percent of people hired within the past year actively searched for work prior to being hired. Only 10 percent of people hired within the last year received an offer without looking at all.
“No one is passive about their career”.
“While the recruiting industry has traditionally believed employed candidates are passive and not actively looking for new jobs, many employers have already moved on from this notion and dubbed it an antiquated way of thinking.”
About half (49 percent) of the 90 percent of respondents hired within the past year visited an online opportunity board within six months of being hired, 47 percent looked at opportunity listings and 46 percent looked at company careers pages.
Smaller percentages of respondents reported visiting a professional social networking site for opportunities (26 percent), using a mobile search app (25 percent), attending career fairs (20 percent), or using a recruiter (14 percent), according to the study results.
Continuously Job Searching
The study found that 58 percent of respondents look for new opportunities at least monthly. Nineteen percent said they search for opportunities monthly, while 20 percent do so weekly, and 18 percent look daily.
Another 8 percent said they look for new opportunities on a yearly basis, while 19 percent reported that they never look for new opportunities.
According to Indeed, 65 percent of people look at new opportunities within three months of being hired and half of people who make between $100K-$110K look at new opportunities within 28 days of being hired.
The trend line for active opportunity searching goes up for younger and better-educated candidates, according to the study results. Whereas 62 percent of people age 65 and older actively opportunity search, the percentage increases to 75 percent for those ages 45-54; 84 percent for ages 35-44; and 90 percent for ages 18-34.
The education level of those actively searching for new opportunities ranges from 76 percent for those with a high school education or less, 81 percent for those with some college, and 86 percent for college graduates or higher.
Those with a college degree or higher (49 percent) are more likely to be currently subscribed to opportunity alerts than those who have some college or no college (41 percent), the study found.
Owning the Opportunity Search
Candidates are more confident in the opportunities they find themselves, rather than opportunities presented by a recruiter, according to study results.
Nearly two-thirds (64 percent) of employed adults said they would feel more confident that an opportunity is right for them if they picked the company and applied versus if a recruiter contacted them.
About half (52 percent) said they think they would be more successful in an opportunity they found on their own versus one they got because a recruiter or company contacted them first.
Opportunity considerations: Salary (77 percent), location (54 percent) and flexibility (51 percent) are the top three factors when deciding to accept or reject an opportunity offer, respondents revealed.
Are You Satisfied with Your Average American Income?
- The median household income in the US in 2019/2020 was $68,703.
- The average wage in 2019/2020 in the US was $51,916.27.
- $19.33 was the median wage per hour in the US in 2019/2020
- The top 1% wage earners in the US contribute 20% of American annual income.
- There are 34 million people below the poverty line in the US in 2019/2020
- Full-time working women in 2019/2020 had median earnings of $47,299.
- Full-time working men in 2019/2020 had median earnings of $57,456.
- 35-44 years age group is the highest income age group.
- The real median personal income in the US in 2019/2020 is $35,977.
- The median average salary for workers in the United States in the first three months of 2020 was $49,764 per year.
- About 34.1% of Americans earn an annual salary of over $100,000. Around 15.5% of the population earns between $100,000 and $149,999; about 8.3% of the population earns between $150,000 and $199,999; and about 10.3% of the population earn over $200,000.
- According to a research study released in 2018, about 52% of US adults have middle-class income. This income ranges from around $48,500 to $145,500.
- The range for a middle-class household of three is between $53,413 and $106,827.
- The median household income in the US in 2019/2020 was $68,703.
- Full-time working men in 2019/2020 had median earnings of $57,456.
- Age Group Monthly Median Average Wage 65+ years of age: $4024 per month, 55–64 years of age: $4432 per month, 45–54 years of age: $4616 per month, 35–44 years of age: $4516 per month, 25–34 years of age: $3672 per month, 20–24 years of age: $2516 per month….What Is the Average American Income in 2021? – PolicyAdvice
If not Satisfied with Your Present Opportunity Income, Try Ours!
How much you earn depends on the company you are promoting and how much you are committed to winning. Realistically, you can earn anywhere from $500 to $10,000 per month working 10 hours a week if you apply yourself aggressively. Get income tax deductions from $3,000 to $15,000 annually just for starting,
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Network marketing has created a lot of wealthy people around the world but how much can you make from network market marketing? We have all seen the grand income claims on our social media walls of people far and wide and sometimes very close to home claiming to be making money with MLM.
If these were to be believed, MLM is the surest way to getting rich and seemingly overnight. How much though, do people earn with MLM? That is the question we seek to answer in this article.
Can Network Marketing Make You Rich?
The first question that begs to answer is whether or not network marketing can make you rich. Les Brown, one of the better-known motivational speakers on the planet stated that Network Marketing or MLM has created the most millionaires in the world.
There are people who agree with that and some who disagree with it, but I would like to believe that Les’s assertions are not too far off the mark.
In 2017, the Multi-Level Marketing company Amway reported that they had 400+ USD millionaires in their company. That is a staggering feat if you ask me, and I am sure you will agree. The question then is, are these lofty heights achievable for everyone?
Income Statistics
Let us look at some figures now. Independent research showed that the average income in the MLM industry ranged from $2,400 per year to around $300,000 per year. There are others who make more than that some ranging in the millions, but they are the exception to the rule.
In fact, less than 2% of people who get into MLM make the big money. The remaining 98% make up the rest of the earnings. These figures look depressing but that all really depends on how you look at things.
Those percentages are really a reflection of the state of the world at large. About 3% of people make 97% of the world’s wealth. This is not likely to change soon. The reason that a lot of people fail at MLM is that they approach it the same way they approach life.
What do I mean? Indulge me for a moment and let us assume that life is a game. When you play a game, you ideally want to play to win and not lose. In fact, if you ask most people, they will say that they do not want to lose.
2 outcomes are possible.
The first outcome is winning and the other is losing. There is also a third middle ground and unfortunately, most people play there. This middle ground is playing not to lose. They are not going out to win. They are doing just enough to not lose.
When you see them, they look good, have a decent job, drive a decent car, and have a decent, average life but they are not winning. They are not losing either; they are in the middle ground.
That is why only 2% make it in MLM. The rest are comfortable in the middle of the park simply playing not to lose.
Unfortunately, this is a script that has been drilled into us through our school system. Go to school, get good grades, and get a good job. Work for 40 years then retires. We give up the best years of our lives to working for someone else and miss the most important things in our lives.
You cannot take this approach and expect to make it in life. It is the same thing with Network Marketing. You need to play to win.
Conclusion
How much you earn depends on the company you are promoting and how much you are committed to winning. Realistically, you can earn anywhere from $500 to $10,000 per month if you apply yourself aggressively.
Network marketing is a great industry that can give you a realistic regular pay if you take the time to apply yourself consistently. The onus is really on you to make this work. Work the business and it will work for you.
If You Would Join A Multi-Level Marketing Company For Retirement Income contact us.
Michael Kissinger andSydney Reitenbach
Phone: 415-678-9965
Email: mjkkissinger@yahoo.com
Michael Kissinger has over 30 years of experience in business and management industry. He was the Business Development Director for Swords to Plowshares and Vitenan Veterans of California
He received his BA from the University of San Francisco. He was an adjunct professor at Golden Gate University and San Francisco State University. He was Honorably Discharged from the US Army as a member of the 10th Special Forces
Disclaimer Our vision is to help you bring your biggest dream into reality. As stipulated by law, we cannot and do not make any guarantees about your ability to get results or earn any money with our ideas, information, tools, or strategies. Your results are completely up to you, your level of awareness, expertise, the action you take and the service you provide to others. Any testimonials, financial numbers mentioned in emails or referenced on any of our web pages should not be considered exact, actual or as a promise of potential earnings – all numbers are illustrative only, as I am sure you understand. That being said, we believe in you and we are here to support you in making the changes you want for your life and giving you methods, strategies, and ideas that will help move you in the direction of your dream.
Do You Know What You Are Truly Worth? Are You Paid it? Does it Pay All your Bills? May we also ask, “For $250,000+/- Annually Will You Build a Proven, High Profit, Low Overhead-Low Start Up, Risk Free, Guaranteed, Unlimited Income, Side Business?” If yes, Call Michael 650-515-7545! 