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I typically calculate the cost of engineering hours as about 2x their salary costs. This captures the additional employer-paid taxes, benefits, etc, as well as
by aftbit 3y ago
I typically calculate the cost of engineering hours as about 2x their salary costs. This captures the additional employer-paid taxes, benefits, etc, as well as ensuring that I don't under-value the cost, which is typically the bigger threat when providing estimates.
I know good SREs (fancy sysadmin plus some devops, but with more class) on the scale from around $120k/yr up to about $300k/yr. This is in the USA. Everyone I know started in SF but since the COVID diaspora, they are all around the US now.
$250/hr estimate -> $125/hr salary -> roughly $250k/yr
My estimate might have been a big high, but really what I'm trying to drive home is that people are almost always more expensive than hardware.