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When you add up salary + benefits + workplace amenities + taxes + software licenses and whatnot, you get there mighty quick.
by ArchOversight 5y ago
When you add up salary + benefits + workplace amenities + taxes + software licenses and whatnot, you get there mighty quick.
- stevebmark 5y agoI don't know what you mean by taxes, my question is about 250k base, excluding bonuses, stock, and excluding the supposed monetary value of benefits/training/travel/home office whatnot
- golover721 5y agoIn the US, companies are responsible for paying 50% of the medicare and social security taxes for each of their employees.
- InvaderFizz 5y agoThe statement was that the engineer is a $250k asset to the company. Rule of thumb TCO for headcount is 1.5-2x salary to account for taxes, Medicare, health insurance, equipment cost, licenses, office square footage, stock options, travel, etc. So a $250k asset from a business perspective is typically someone that makes $125k-$165k.