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To spell it out for you, $200 million could pay for well over 1,000 employee-years of salaries.
by mvdtnz 3y ago
To spell it out for you, $200 million could pay for well over 1,000 employee-years of salaries.
- School-Cotton 3y agoCompanies exist to make money, not to be a charity for their employees.
- soderfoo 3y agoI get what you are saying but you would be surprised how fast financial forecasts balloon at scale. 200 developers @ $150k a year = $30M $200M/$30M = 6.5 years
- whiddershins 3y agoIt’s also not $150k/year. Employees cost far more than their salary.
- AdamN 3y agoRule of thumb is double. So if you're average total comp is $150k then total cost for each of those employees is $300k/employee (office, expenses, HVAC, insurance, etc..)
- SkyPuncher 3y agoI think you’re both saying the same thing. Op is saying 1 employee for 1 year is “1 employee-year”.
- baby 3y agoSo you're saying companies shouldn't do acquisitions?