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I'm not from US, but my understanding is that when people quote the US salary figure it also doesn't include all costs that employer has to hire an employee.
by balfirevic 6y ago
I'm not from US, but my understanding is that when people quote the US salary figure it also doesn't include all costs that employer has to hire an employee.
- doopy1 6y agoCorrect. It costs's a lot to hire a new employee. I'd say for a small/medium size company hiring an engineer in the 100k-200k range, the cost of hiring is easily at least 6 months of that person's salary if not more.
- balfirevic 6y agoThat too, of course, but I didn't mean expenses like office space, training etc. but things like additional benefits/insurance that employer pays in addition to salary that can be considered part of compensation package but don't get paid to the employee.