Re:What It Costs to Run Let's Encrypt
by wyager on Tuesday September 20, 2016 @04:11PM
(#12542930)
You're overestimating their final salary. Per-employee expenses are usually almost the salary all over again. Payroll taxes are a real bitch. It's probably closer to $110-$120k salary per employee.
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"Payroll tax" (more appropriately known as the employer-side of the FICA tax) is only 7%, it's really not what I would qualify as "a bitch". My wages are 80% of my total compensation (my employer provides a nice breakdown of insurance costs, 401(k) match, etc), factor in 7% of my wages going to FICA and their total cost to employ me with my total compensation package is ~125% of my annual salary.
I also make a fairly lower wage than the industry average since I'm not in SV, insurance rates don't increase proportionately with salary so if this is what I'm seeing at $75K/yr then at $200K/yr gross these employees are most certainly seeing at least $150K/yr in their salaries.
Ah, yes, forgot about UI and workers comp, so let's make that ~130% (assuming an employer doesn't have egregious numbers of unemployment claims which cause their UI to skyrocket).
Re:What It Costs to Run Let's Encrypt
by EvanAnderson on Tuesday September 20, 2016 @08:02PM
(#12544402)
In my market (Ohio, US) loaded cost of an employee is between 130% and 135% of salary.
Re:What It Costs to Run Let's Encrypt
by mattmaroon on Tuesday September 20, 2016 @07:23PM
(#12544207)
No. I've employed people in California. You don't pay 70% extra. It's more like the 25-30 range.