7/8/2023 0 Comments Average bus driver salaryTo convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). Salaried jobs pay a fix amount regardless of the hours worked. Usually jobs are classified into two categories: salaried jobs and hourly jobs. The hourly wage is the salary paid in one worked hour. Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 ) The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation. Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. Their expertise is usually different from that of the core business operations.Ī graphics designer working for a graphics designing company.Ī graphic designer in the marketing department of a hospital. Their field of expertise usually matches the type of business.Įmployees that support and facilitate the work of revenue generators. What makes a position worthy of good bonuses and a high salary? The main two types of jobsĮmployees that are directly involved in generating revenue or profit for the organization. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned. People tend to confuse bonuses with commissions. Only 5% of people grossed 8,890 INR or more. Ten percent of wages are from 7,960 INR to 8,890 INR. Approximatly 20% fall under the 5,920 INR cap. Around 65% of all reported figures are in the range 5,920 INR to 7,960 INR. This method is more accurate than just the average salary and gives more insights on how salaries are actually distributed. We grouped the most common and recurring salaries into brackets to give more insight into what salary to expect. Also from the diagram, 75% of Bus Driver(s) are earning less than 10,100 INR while 25% are earning more than 10,100 INR. Reading from the salary distribution diagram, 25% of Bus Driver(s) are earning less than 7,460 INR while 75% of them are earning more than 7,460 INR. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.Ĭlosely related to the median are two values: the 25th and the 75th percentiles. The median represents the middle salary value. The median salary is 8,920 INR per month, which means that half (50%) of people working as Bus Driver(s) are earning less than 8,920 INR while the other half are earning more than 8,920 INR. This is not the minimum wage as per the law, only the lowest reported number in the salary survey that had thousands of participants and professionals from all over the country. Salary Range, Minimum Wage, and Starting Salaryīus Driver salaries in India range from 5,390 INR per month (starting salary) to 15,100 INR per month (maximum salary).Government data indicates that the labour market for this occupation will remain balanced for the near future.Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range Job titles and exact duties vary in this occupation and examples of some job titles are: bus driver, transit operator, streetcar operator and light rail transit operator.Īccording to the latest figures, the highest hourly average (median) wages are earned in Calgary, Alberta at $35.16 per hour and the lowest average (median) wages are earned in Windsor / Sarnia – Ontario at $14.43 per hour.Ī typical full-time annual salary for this occupation is in the region of $35,000 – $55,000. The Canadian national occupation classification code (NOC) for this role is 7512. The table below details the hourly wages for Average Canadian Bus Drivers and Subway/Transit Operators. Average Bus Drivers’ and Subway/Transit Operators’ Salary in Canada
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