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Based on the article, assuming the $80 mil in savings was over 1 year, that means the average Zynga employee costs $153k per year.
by ry0ohki 13y ago
Based on the article, assuming the $80 mil in savings was over 1 year, that means the average Zynga employee costs $153k per year.
- sdoowpilihp 13y agoBy the time you add in overhead costs (rent, those free sodas, computers, etc), insurance, taxes, and salary, ~150k per employee is probably about right.
- JonFish85 13y agoThat wouldn't shock me ($153k/yr). Say the average Zynga employee in NY & LA is making $90k, an employee overhead of 1.7x isn't doesn't seem outlandish (especially for a company that has grown very quickly and presumably hasn't had time or energy to streamline costs).
- jlarocco 13y agoInitially that seems a bit high, but after thinking about it a bit, it doesn't seem unreasonable. LA and NYC are expensive places to live, so the salaries will be bumped up to account for the cost of living. And the $80 million figure takes into account all of the taxes, social security, unemployment insurance, and benefit costs associated with the employees. An employee making $80k a year can easily cost $100k- $120k a year depending on benefits and taxes. And its trendy for big name "startup" companies to offer high salaries and costly fringe benefits to attract "rock star" programmers.
- Cookingboy 13y ago80k is definitely too low, practically all big companies in the Bay offer more than that to fresh out of school kids these days.
- deleted 13y ago[deleted]