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If you were being paid $300K/year, it costs your employer (as a rule of thumb) 1.5x, or about $450K/year. The only reason they could spend $450K/year on you is
by ddevault 6y ago
If you were being paid $300K/year, it costs your employer (as a rule of thumb) 1.5x, or about $450K/year. The only reason they could spend $450K/year on you is if they expected to make at least that much money with you, compared to what they would make without you. Even if you aren't directly working on this stuff, you are providing them with capital that is being spent on it.
- cmrdporcupine 6y agoArguably they don't have to make that money off you directly. They just need you to not be elsewhere making that money for someone else, or disrupting a market that they are entrenched in. IMHO much of the FAANG hiring / head count / acquisition process could be analyzed in this light.