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Not sure why you'd think benefits are involved here. And a $125k salary does not cost $250k.
by codewright 13y ago
Not sure why you'd think benefits are involved here. And a $125k salary does not cost $250k.
- otoburb 13y agoIt would be great if an HR director could weigh in on how much a $125K salary might cost in total compensation with a "standard benefit package" range for a technologist/programmer/engineer role. The only other data point is from the Bureau of Labor Statistics Employer Costs for Employee Compensation (BLS ECEC) where it shows at the bottom that benefits accounted for around 30% of total compensation and 70% going to wages & salary[1]. On average, this means that a $125K salary would cost a company $179K overall. [1] http://www.bls.gov/news.release/ecec.nr0.htm http://www.bls.gov/news.release/ecec.nr0.htm
- codewright 13y agoIt doesn't cost that much either. [1] [1] Ex-CTO Those ratios are for average salaries, not $125k salaries.