Graduate School Money, Part I

July 18, 2007 at 6:37 pm | | grad life, stipends

Stanford Graduate Minimum Stipend (what we’re paid in Chemistry): $26,600

Average Work Hours for a U.S. science postdoc (probably similar to / less than graduate student): 49.8 U.S. citizen (Brumfiel, Geoff; “Taking a Stand,” Nature, 2005, 438, 278-279.)

Average pay/hour (50 weeks): $10.68

Average pay/hour (52 weeks): $10.27

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Federal Minimum Hourly Wage: 2008 – $6.55, 2009 – $7.25

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Living Wages: Encouraged in Cities/Counties by Ordinance (tax/property incentives)

San Jose Living Wage: $11.35

Santa Clara County (our county) Living Wage: $10.00

Berkely Living Wage: $12.55

Oakland Living Wage: $10.50

Source

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2004 Estimates of Retailers Bay Area (Annual Estimates for 40 hr work week, 50 weeks a year)

2004 Average Hourly Wage for Walmart Associate in Bay Area: $10.93

Walmart Annual: $21,860 (Stanford Salaray -$4740)

2004 Average Hourly Wage for All Large Retailers in Bay Area: $17.01,

Large Retailers Annual: $34,020 (Stanford Salary +$7420)

2004 Average Hourly Wage for Unionized Grocers in Bay Area: $15.31,

Unionized Grocers Annual: $30,620 (Stanford Salary +$4020)

Source

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