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A Workstream hiring specialist can help you identify high impact ways to improve your applicant experience, and even help you determine what is a good hourly wage for your location and business.
The current minimum wage in Tulsa, Oklahoma is $7.25 per hour, which is the same as the federal minimum wage. This means that all workers in Tulsa, regardless of their age or occupation, must be paid at least $7.25 per hour. The minimum wage in Tulsa is lower than the national average of $7.25 per hour. This is because Oklahoma has not increased its minimum wage since 2008.
In contrast, many other states have increased their minimum wages in recent years. For example, California's minimum wage is currently $15 per hour, and New York's minimum wage is currently $12.50 per hour. The minimum wage in Tulsa has not increased in recent years, but there is some hope that it will be raised in the future. In 2022, a bill was introduced in the Oklahoma legislature that would have raised the state's minimum wage to $10 per hour by 2025. However, the bill did not pass.
A livable wage in Tulsa is estimated to be $13.25 per hour for a single adult with no children. Some popular hourly wage jobs in Tulsa include cashier, retail sales associate, food service worker, customer service representative, warehouse worker, delivery driver, janitorial worker, security guard, and personal care aide. The lowest paying jobs in Tulsa are typically in the service industry, such as retail, food service, and hospitality. The highest paying jobs in Tulsa are typically in the medical, legal, and financial sectors.
It's important to remember that the Hourly Wage Index data above reflects gross wages, or the amount of money an employee earns before accounting for payroll deductions like taxes, benefits, or wage garnishments. Due to variability in tax rates across locations, slightly lower gross wages in a certain location might result in higher take home pay, or vice versa.
This question is a difficult one to answer, as a "good hourly wage" is highly subjective according to experience, work responsibilities, cost of living, and other factors. We recommend using Hourly Wage Index data as a starting point. Once you have established a baseline for certain positions, do further research into similar businesses in your area.
Lastly, consider surveying your employees. They're the best resource to help you know what is a good hourly wage, what competitive pay looks like in your location, and how competitive wages change in your industry over time.
We know that getting applicants to pay attention to your business can be extremely challenging, and that offering competitive pay is a huge part of that. Wages aren’t everything, however! Applicant experience is another important factor that can help set you apart from your competition. A few examples include: