4 ms·
Total cost per employee is likely double their salary figure. Also the ave. salary is going to be way more than 100M/yr/employee. [M as in the Roman numeral M]
by mc32 4y ago
Total cost per employee is likely double their salary figure. Also the ave. salary is going to be way more than 100M/yr/employee.
[M as in the Roman numeral M]
- cbtacy 4y agoUmmm... no. Fully burdened costs is total cash comp plus between 25% and 35% as a general rule in the US.
- deleted 4y ago[deleted]
- tqi 4y agoA general rule in the US, not in tech. If you look at most tech salary data points[1], equity and bonuses will often be an additional 50%-70%. Your estimate[2] likely only factors in the cost of benefits and employment taxes. [1] https://www.levels.fyi/ https://www.levels.fyi/ [2] https://web.mit.edu/e-club/hadzima/how-much-does-an-employee-cost.html https://web.mit.edu/e-club/hadzima/how-much-does-an-employee...
- imron 4y ago> Also the ave. salary is going to be way more than 100M/yr/employee. I find that very unlikely! (but that’s because you made a typo)
- deleted 4y ago[deleted]