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I don't disagree, but fwiw it's only about one month's payroll for 25 people if each employee makes around $200k per year.
by barsonme 4y ago
I don't disagree, but fwiw it's only about one month's payroll for 25 people if each employee makes around $200k per year.
- enra 4y agoObviously people have different salaries but also are payroll taxes and other taxes or fees that also need to be paid like unemployment insurance and whatever else the local government has decided. Sometimes these are collected city/county as well as at state level. Benefits also cost $500-2500/mo (if you cover 100% employee and 70% dependents). Not complaining but just saying there are costs that are not always apparent to employees.
- 0xB31B1B 4y agoalso rent, servers, the cost of anything else you have to run your businesses. For broadly generic tech companies, take everyones top line salaries, double them, that is your rule of thumb monthly expense line item that wraps everything up (rent, taxes, the cost of doing business, marketing spend, etc)