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Means around £30k per employee which is reasonable for UK junior-ish dev straight out of university, but low if they're based in London (I dunno).
by adwf 12y ago
Means around £30k per employee which is reasonable for UK junior-ish dev straight out of university, but low if they're based in London (I dunno).
- danieltillett 12y ago£30k per employee for all expenses is very low even for the UK.
- jotm 12y agoWelcome to the real world. Most small software businesses who offer some small service (say, an ERP software package no one has ever heard of + support) to a small number of companies hire the cheapest devs they can find.
- danieltillett 12y agoI am in the real world :) 30k per employee with all the on-costs is very low. I suspect that a number of these employees are part time or remote workers in low cost countries.
- madaxe_again 12y agoNope. All full time, on site. A good working environment counts for one hell of a lot, and the cost of living here is low.
- deleted 12y ago[deleted]
- madaxe_again 12y agoWe're not in London, and we pay more than that. We keep costs down by dint of the fact that our costs are, in descending order: - People - Hardware - Offices We even manage to have fun, too. I just can't wrap my head around where this "other" expense that folks are supposed to have goes. Sure, you can throw more fuel on and grow faster, maybe, but to burn for the sake of burning, because you have to hit a number... I just do not understand. Bullshit metrics destroy so much. You just have to look at where the NHS has ended up, to understand how this rot pervades (GPs must see N patients per day. Surgeons must "solve" N cases per month. Death rates must be below X.).
- dmor 12y agoI think people are just confused by your use of the word "burn". What is your fully loaded average cost per employee (total spend divided by headcount of 30 people)?
- madaxe_again 12y agoAbout £2.8k - £3.2k/month - it has admittedly increased over the last six months, as we've had a few expensive hires, and have taken on more space in preparation for more growth. As per elsewhere, we admittedly have abnormally low rent costs, and virtually no other costs outside of rent, people, power, and hardware.
- dmor 12y agoSo £84k - £96k total spent per month right (assuming the 30 person team you said before) BEFORE you subtract revenue?
- peterjancelis 12y agoYes that is what he is been saying.
- lmm 12y agoYour numbers must be off - 80k/month for 30 people means paying <32k; that's an average and assuming hardware and offices are both zero. Good devs cost more than that in Cambridge (and at least twice that in London), and elsewhere you'd struggle to find them at all. Are you relying on hiring fresh grads or something?
- madaxe_again 12y agoSome of our folks earn >50k, others <25k (boils down to skill and experience), and we do hire grads, but also very experienced folks. Oh - and I am off, but not hugely - has crept up to about £95k with our current headcount of 30, but it's still a gulf apart from the numbers in the article.