what do they mean by what are your minimum expected earnings
Basic calculations. The current federal minimum wage is $7.25 per hour. A full-time minimum wage employee earns $15,080 annually. In 2012, the poverty threshold for a single person was $11,945.For a family of four with two children it was $22,283.asic calculations. The current federal minimum wage is $7.25 per hour. A full-time minimum wage employee earns $15,080 annually. In 2012, the poverty threshold for a single person was $11,945.