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> Google made something like 300,000 in profit per employee in 2019. Isn’t this roughly the same order of magnitude as many Google developer salaries? If so,
by rauhl 6y ago
> Google made something like 300,000 in profit per employee in 2019.
Isn’t this roughly the same order of magnitude as many Google developer salaries? If so, how much more expensive can any employee be before he is too expensive to employ?
- tempest_ 6y agoThat is profit, ie after the employee has been paid. So the answer is they can afford to pay 300,000 more before the employee is too expensive (based on this comment anyway)
- jethro_tell 6y agoWell 299,999 :)
- danaris 6y agoSince that's profit, I would assume (based purely on the phrasing) that it's net of obligations like salaries.
- deleted 6y ago[deleted]
- jfim 6y agoThat's profit per employee, not revenue per employee. Revenue per employee is much larger, at least according to this website [0]: > Alphabet Inc's revenue per employee grew on trailing twelve months basis to a new company high of $ 2,143,353 [0] https://csimarket.com/stocks/GOOG-Revenue-per-Employee.html https://csimarket.com/stocks/GOOG-Revenue-per-Employee.html
- alisonkisk 6y agoProfit is after expenses, so employee can be $300k/yr more expensive before they are expensive to employ.
- jboy55 6y agoIts pretty much the same number. An L4 at Google makes $250k and an L5 makes 340k on average according to levels.fyi. My experience with countering Google offers would indicate these are a bit low. Edit: Then you have to factor in the free breakfast/lunch/dinner, buses, electric car parking and the fact all my Google friends seem to rarely work > 40hrs per week. That being said, all the 'grunt' work at Google is done by contractors, who are paid far less and while they get the free food they do without things like PTO and Sick time.