How much money does an astronaut make per year

how much money does an astronaut make per year

Read on below to see how this number was calculated. Astronauts are required to be in peak physical and mental condition, they have to endure long periods of time away from home, and they have to complete grueling training. For all this, you might expect an Astronauts to be paid like rock stars or professional athletes; however, that is not the case! First, GS grades range from 1 to 15 with 15 being the highest paid. Astronauts have Mch. GS and GS is reserved for upper management positions in the government. SES pay scale is used for heads of departments and other appointed positions. Second, Steps are based mony tenure in the government. You typically start at Step 1 regardless of your grade.

How Much Money Walmart Makes in a Year

The first group of astronauts was hired by NASA in From a pool of applicants, seven men were selected to become the first American astronauts, known as the Mercury 7. Initially, these applicants were chosen based on flight experience, engineering training and height — due to the size of the Mercury spacecraft, these men had to be below 5 feet, 11 inches. Things have changed since then, including both the criteria to become an astronaut and how much these men and women are paid. This included base pay, quarters, subsistence allowance and flight pay, according to the Boston Herald. Eight dollars a day — before deductions, which included the accommodations the government was providing on the spaceship. But they were determined to provide for their families in the event that they lost their lives during their Apollo 11 mission, so they got creative. Armstrong came a long way from not being able to afford life insurance. Armstrong died in He continues to advocate for human space exploration as a Global Stateman for Space and creator of think-tank the Human SpaceFlight Institute.

How Much Money Walmart’s Employees Make in a Year

Along with wanting to be a fireman, policeman or doctor, many kids dream of becoming an astronaut. You must first qualify to become an astronaut candidate. After being selected, you must complete a two-year training and evaluation period to be eligible, and even then you might not ever take flight. A colonel or captain, for example, is commissioned at an O-6 pay grade. With the rank of brigadier general, astronauts are commissioned at an O-7 pay grade. Military astronauts have the added bonus of housing allowances, as do other military personnel. While NASA is always looking for astronauts, the chance of being selected for the program is about 0. Based in Minneapolis, Minn. Prior to this, Severson worked as a manager of business development for a marketing company, developing targeted marketing campaigns for Big G, Betty Crocker and Pillsbury, among others. Skip to main content.

How Much Were the First Astronauts Paid?

Civilian astronauts are expected to remain with NASA for at least five years and, during this tenure, are employees of the federal government. Advancement for most workers in the federal government is based on a system of occupational pay levels, or «grades. Workers typically enter the federal civil service at the starting grade for an occupation and begin a career ladder of promotions until they reach the full-performance grade for that occupation. The pay grades for civilian astronauts are GS through GS, based on academic achievements and experience. Civilian astronauts may choose from a number of health plans and life insurance options; premium payments for these policies are partially offset by the government.

Resumes and CVs

As entrepreneurs like SpaceX founder Elon Musk launch increasingly powerful rockets , call for a new space race , and prepare to send astronauts into orbit for the first time, it’s an exciting time to think of joining NASA’s ranks. But to apply to be an astronaut, you must first pass a stringent list of requirements, including being a US citizen, having an accredited college degree in science, engineering, or mathematics, and three years of professional experience or 1, hours piloting a jet aircraft under your belt. Then you have to go through a grueling selection process that is about 74 times harder than getting into Harvard University: NASA selects a new astronaut class once every couple of years, and picked only 12 of 18, applicants in So how much does NASA compensate its astronauts for their experience, extensive training, and willingness to risk their lives to explore space? Such grades are used to determine how much white-collar career employees are paid across many government agencies, and they are further broken down into steps ranging from 1 through 10, which are based on acceptable performance and years of service. The US Office of Personnel Management is in charge of the base pay and leave figures , and the numbers change each year. At the time this photo was taken, on Dec. Account icon An icon in the shape of a person’s head and shoulders. It often indicates a user profile. Login Subscribe. My Account. World globe An icon of the world globe, indicating different international options. Dave Mosher. NASA astronauts must pass a grueling application process before being selected.

Astronaut Compensation and Benefits

That would make Walmart the 12th biggest country in the world, if it were a country. Looking at how much money Walmart actually makes in a year in terms of all income, the numbers are a lot harder to fit into the human mind. Walmart takes a lot of flak for not paying its employees enough, but does it really deserve its reputation for low pay? That means Walmart workers make So the answer is, yes, Walmart employees are at the bottom of the retail heap nationwide. Some stores pay workers significantly less, but the majority of stores pay a lot.

Nobody in that line of work is making enough to support a family with any kind of comfort level. According to a Wall Street Journal article, Walmart cashiers make slightly less than Starbucks baristas. That said, Walmart store managers make about twice what managers at Starbucks make.

That may not be comparing apples to apples. A Walmart store is significantly larger than a Starbucks. That being the case, a Walmart manager is captain of a significantly larger, more important ship in terms of earning power. The bottom line here is, Walmart seems to place a lot more value on its leaders than its front line workers. That depends on a couple of very big ifs. The second big if is Amazon.

Walmart has 11, stores worldwide and 5, stores in the United States. Put another way, four cents of every dollar spent in America gets spent at a Walmart store. Comparing tax revenue to sales revenue tells a different story. That is, putting U. Based on revenue alone, if Walmart were a country it would be the twelfth biggest economy in the world. That would put it behind the U.

That means Walmart pays about 1. They also spend billions on the products that they sell, on equipment, store upkeep and expansion. Others claim that Walmart does help the economy by saving money for consumers that they can use elsewhere, by growing employment and earnings figures and by generally boosting productivity. If all the money Walmart makes each year were given to consumers, what would it buy?

There are about , U. Trending Now Week Month. Tom Gerencer Mar 29, How many typical American families could live on Walmart’s annual earnings.

Education Requirements

The prestige, adventure and money that come with being an astronaut make the position a popular career. The National Aeronautics and Space Administration accepts military and civilian candidates for astronaut positions. Their levels of education, experience and their individual skill sets are considered when they are offered a salary. Military astronaut candidates receive different benefits and compensation from their civilian counterparts. The federal government uses a General Schedule salary schedule to determine where each federal employee falls for compensation purposes. Each pay grade is associated with a specific level of education, experience, qualifications and skills. The General Schedule is applied to five different general job classifications: professional, administrative, clerical, technical and other occupations. Astronauts’ pay grades previously mentioned correspond to the G through G pay grades of the federal government. Military astronauts are put on active duty status and are paid accordingly. Their pay, benefits and leave are calculated according to active duty status. Astronauts from military backgrounds are typically test pilots from the Navy, Marine Corps or the Air Force. Physical fitness and good health are two important qualifications for becoming an astronaut. Astronauts must be U.

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