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Taxes, health care, other insurance (disability, etc.), and other benefits (401k, etc.) are a significant fraction of the cost to employ someone. These things a
by tjohns 10y ago
Taxes, health care, other insurance (disability, etc.), and other benefits (401k, etc.) are a significant fraction of the cost to employ someone. These things are not cheap.
The standard overhead is (I believe--correct me if I'm wrong!) anywhere from 25% to 100%, depending on your base salary and how competitive the benefits package is.
- bkanber 10y agoAt our company the overhead is about 40% of the salary, and could easily reach 80-100% with bigger and better benefits packages.