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A comment on Ask HN: Is an Autonomy Fund a viable business model?. Parent comment

Re:Ask HN: Is an Autonomy Fund a viable business model? by mblakele on Friday April 19, 2013 @07:31PM (#5579189)
But doesn't it cost more than $125k to pay a $125k salary? I've been told that it's about 1:1 if typical benefits are involved. So a $125k salary costs $250k.
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Re:Ask HN: Is an Autonomy Fund a viable business model? by codewright on Friday April 19, 2013 @10:50PM (#5579796)
Not sure why you'd think benefits are involved here. And a $125k salary does not cost $250k.
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Re:Ask HN: Is an Autonomy Fund a viable business model? by otoburb on Saturday April 20, 2013 @05:27AM (#5580870)
It 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

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Re:Ask HN: Is an Autonomy Fund a viable business model? by codewright on Monday April 22, 2013 @12:40PM (#5590240)
It doesn't cost that much either. [1]

[1] Ex-CTO

Those ratios are for average salaries, not $125k salaries.

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