The bid-ask spread works to the advantage of the market maker. Continuing with the above example, a market maker who is quoting a price of $10.50 / $10.55 for security A is indicating a willingness to buy A at $10.50 (the bid price) and sell it at $10.55 (the asked price). The spread represents the market maker's profit.
Waiter/Waitress Salary. (United States). The average pay for a Waiter/Waitress is $4.94 per hour. For the first five to ten years in this position, pay increases sharply, but any additional experience does not have a big effect on pay.People in this job generally don't have more than 20 years' experience.$8,525 - $40,463.United States). The average pay for a Waiter/Waitress is $4.94 per hour. For the first five to ten years in this position, pay increases sharply, but any additional experience does not have a big effect on pay. People in this job generally don't have more than 20 years' experience.
Best Answer: I'm a waitress.... It's not a state law -- it's a national law that if you don't get enough tips to equal out to the federal minimum wage of $7.25 an hour your employer must make up the difference. EXAMPLE: you work 5 hours and make and only make $20, that's $5.60 less than minimum wage for the day. So, all waiters / waitresses make at least minimum wage -- just like all the rest of us employees. I'm a waitress in a smalltown in Louisiana. Most restuarants here pay $2.13 an hour, not including tips. Our night shift is 5 hours, which I can make anywhere from $30 - $140 that night. It all depends on the customers you get(good or bad tippers), if you're a good server, and if it's slow or busy that night.