How Long It Takes the Largest Companies in America to Make One Employee's Average Annual Salary - eviltoast
  • shalafi@lemmy.world
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    1 year ago

    And we can pretty much double the numbers by what it actually costs to employ someone vs. what they are paid.

    Want nice things like healthcare and other benefits, worker’s comp, unemployment insurance and the like?

    Worked at a small payroll firm for 5-years. I was the IT manager, so not like I’m an expert, but I had a lot of questions and worked closely with payroll and accounting. Very eye opening.

    If you get paid $15/hr., you probably cost the company $26-29/hr. And we had small clients like churches, restaurants, convenience stores, thrift shops, places paying shit wages and shit benefits. I make ~$80K with stunning benefits, so I figure my company’s actual cost to keep my ass in the seat is maybe $200K?