How to read this estimate
Comparing a nearby value on the same standard schedule isolates the effect of the pay change without mixing in different working hours.
This rate is useful for seeing how even a one-dollar hourly change accumulates across a full working year.
A one-dollar change is easy to underestimate when looking at a single hour. Across a standard year it applies to every scheduled work hour, which is why the comparison table annualizes the difference. For a job decision, keep the wage comparison separate from health coverage, paid leave, bonuses, and any overtime that is not guaranteed.