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That's for ten employees, not eight. Salary + benefits. Could have been more clear in the post, but we have eight employees now and have budgeted for ten in 20
by jaas 10y ago
That's for ten employees, not eight. Salary + benefits.
Could have been more clear in the post, but we have eight employees now and have budgeted for ten in 2017.
- zellyn 10y agoAssuming 100% overhead for benefits, etc., that's 100K per employee, which is quite low for Silicon Valley.
- jedberg 10y agoThe 100% overhead only applies to the "average" job. Health benefit costs are typically the biggest piece of the benefits puzzle and don't scale with salary. In SV the overhead is more like 25%.