3 ms·
>We compute and call it as "total cost to company" or TCC. Quick rule of the thumb here (Italy) is that the TCC is typically: 1) for executives/managers 1.5-1
by jaclaz 7y ago
>We compute and call it as "total cost to company" or TCC.
Quick rule of the thumb here (Italy) is that the TCC is typically:
1) for executives/managers 1.5-1.9 of the actual net wage[1]
2) for employees 1.9-2.5
3) for workers (let's call them "blue collars") 2.5-3.0
The difference in the factor depends on the specific industry/sector, and is mostly related to insurance and continuity of employment.
[1) by net wage I mean what the actual employee brings home, already net of income taxes