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Keep in mind the rule of thumb that a employee costs twice their salary, so that would be a 206k/year salary. Generous for some, low for others. The salary spre
by epage 1y ago
Keep in mind the rule of thumb that a employee costs twice their salary, so that would be a 206k/year salary. Generous for some, low for others. The salary spread in the US is crazy.
- sgt 1y agoWhere does it say that an employee costs twice their salary? My experience is more like 25-30% more.
- tredre3 1y agoAt these salary levels it might very well be closer to 25%, there's only so much fancy health insurance and 401k matching and other tax/fees you have to cover as an employer. At a more "normal" salary the 1.5-2x figure is pretty accurate in my experience.
- trollbridge 11mo agoThere is no universe where overhead is $206k for a $206k employee. Taxes are about 13% employer paid in the worst case. Health insurance is $1500-$2000 a month worse case. The idea an employer has $17,000 in taxes they pay and overhead for an employer is absurd.