The rule of thumb I’ve heard is that an employee’s cost to their employer is between two and three times their salary. Even if the employer is not paying benefits, they still have to carry worker’s comp insurance, for example, as well as administrative overhead on managing payroll, etc.
The rule of thumb I’ve heard is that an employee’s cost to their employer is between two and three times their salary. Even if the employer is not paying benefits, they still have to carry worker’s comp insurance, for example, as well as administrative overhead on managing payroll, etc.