3 ms·
You would need more than 10 percent pay cut to offset 10 percent in personnel spend. Health insurance/benefits is a significant source of spending
by zht 4y ago
You would need more than 10 percent pay cut to offset 10 percent in personnel spend. Health insurance/benefits is a significant source of spending
- vineyardmike 4y agoThis probably is less true in tech where the salaries are higher.
- farmdawgnation 4y ago"Less true" is a bit of a bold statement here. It's still _true_, but you're right in saying that the additional percentage you would need to affect the change might be different between different industries. It's also possible to optimize costs on the benefits themselves to avoid needing to do that, at times.