Economic variable

USA

Poland

Computation of human capital and fair pay

1

Estimated indispensable monthly cost of living (four- or five-person family)

$475

750 zł

2

Period of continuous compounding (t)

17 years

18 years

3

Capital

$20,6354

362,328 zł

4

Yearly cost of labor

$16,508

28,986 zł

5

Monthly cost of labor W/12

$1376

2416 zł

6

Legal minimum wage (176 hours × $7.25)

$1276

1680 zł*

7

Employer’s additional payments

6.2%

20,74%

8

Legal cost of labor

$1355

2028 zł

9

Percent of consistency

98.5%*

84%

Family revenues and pension funds

10

Family (2 + 2 persons)

11

Earnings (2 × 1376 in the USA)

$2752

4832 zł

12

Assumed pension payment, 20%

550

966

13

Assumed healthcare payment, 10%

275

483

14

Fund for cost of living

1926

3,383

15

Cost of living per person (line 14: 4)

482

84,575

16

Years of capitalizing the pension fund (3% capitalization rate), FV—future value

53 years

65 years

17

FV (3%, 46 years) per person

$318,455

18

FV (3%, 47 years) per person

581,898 zł