> Overhead cost of providing a physical workspace is easily 50%+ of base compensation costs. That estimate is high by about an order of magnitude. To get a sen

> Overhead cost of providing a physical workspace is easily 50%+ of base compensation costs. That estimate is high by about an order of magnitude. To get a sense of the cost ceiling per person, look at the least cost-effective way to rent a monthly desk which is to do it as an individual in a co-working space. Here's one price list for coworking space in Campbell (Silicon Valley) https://drive.google.com/file/d/1iljwYScQ4d5F4rUcQN-9XH0D8E2h71cn/view https://drive.google.com/file/d/1iljwYScQ4d5F4rUcQN-9XH0D8E2... An open office desk is $325/month, up to a dedicated cubicle for $725/month. So for a junior engineer at $150K salary, that's between 2.6% to 5.8% of their base comp in office space cost. Now, of course, a company renting tens of thousands of square feet at a time gets better rates due to scale, so the percentage is less than those examples.