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Where did you get an 100% overhead for an employer? I've done back-of-the-envelope estimates before and have come nowhere near that. At best, it's somewhere be
by rhymenoceros 8y ago
Where did you get an 100% overhead for an employer?
I've done back-of-the-envelope estimates before and have come nowhere near that. At best, it's somewhere between 15-25% depending on employer 401(k)/etc matching, deferred comp, and office space pricing.
The worst I could find is 40% - http://web.mit.edu/e-club/hadzima/how-much-does-an-employee-cost.html http://web.mit.edu/e-club/hadzima/how-much-does-an-employee-... - and that uses a much different cost basis (not $125k).
Where in the world did you come up with that number?
- shard 8y agoSure, everyone has a different number. For example, in the article you linked to, there is this metric: "the fully functioning managed employee costs about 2.7 times the base salary".