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0 pointssystem25y ago0 comments

Sir, where do you pay $15k for a startup developer salary?!

0 comments

I've always heard that, for the US, when thinking about salary you want to about double what the employee makes when considering the employers cost.

Closi5y ago

This is overkill, add 35% to the top and you will be closer (depending on absence/sick levels).

Statutory allowances in the UK are higher than in the US, and in the UK for instance you would add:

- 12.5% national insurance + apprentice levy

- 3-4% pension

- 10% of days as holidays

- 5% of days as sick / other leave (dependent on amount taken in reality)

- 2% payroll fees / other

Note, this excludes training and equipment/office space.

cameronh905y ago

I guess it depends when there you consider other costs like office space, equipment, utility bills, HR overheads, consumables etc.

petercooper5y ago

Why add holidays and sick leave to an individual employee's costs? Most white collar employees would have an annual salary this is factored into already, unless you're having to hire temporary replacements for them perhaps (which would be more than a 15% cost, I suspect).

1 more reply

TylerE5y ago

That metric isn't just about actual payroll expenses, but also things like office space, janitorial services, etc.

1 more reply

qeternity5y ago

This might apply to large organizations with lots of overheads and perks. But it definitely does not apply to startups.

IkmoIkmo5y ago

In NL it's about 35%. Doubt other countries vary that much, probably a lot in the 25-40% range.

lordnacho5y ago

Depending on jurisdiction, there are taxes and such on top of salary.

robocat5y ago

Actually there is a more important comparison than salary: what benefit accrues to the company for 1 employee month.

When a company is undergoing fast growth, the return from one month of work can be startlingly huge. Every tool that enables better use of time is a multiplier on the income generated by that employee.

Also note, “sir” seems snarky to me at best and insulting at worst. Are you even answering a guy?

xx7895y ago

15k could be cost to the company, which also looks at employment taxes, office space, health insurance, benefits, hr/support overhead, interviewing, training and managing. A new developer earning 8k/mo easily costs the company 15k/mo.

enraged_camel5y ago

He said per month.

j / k navigate · click thread line to collapse

0 comments

eikenberry5y ago

I've always heard that, for the US, when thinking about salary you want to about double what the employee makes when considering the employers cost.

Closi5y ago

This is overkill, add 35% to the top and you will be closer (depending on absence/sick levels).

Statutory allowances in the UK are higher than in the US, and in the UK for instance you would add:

- 12.5% national insurance + apprentice levy

- 3-4% pension

- 10% of days as holidays

- 5% of days as sick / other leave (dependent on amount taken in reality)

- 2% payroll fees / other

Note, this excludes training and equipment/office space.

cameronh905y ago

I guess it depends when there you consider other costs like office space, equipment, utility bills, HR overheads, consumables etc.

petercooper5y ago

1 more reply

TylerE5y ago

That metric isn't just about actual payroll expenses, but also things like office space, janitorial services, etc.

1 more reply

qeternity5y ago

This might apply to large organizations with lots of overheads and perks. But it definitely does not apply to startups.

IkmoIkmo5y ago

In NL it's about 35%. Doubt other countries vary that much, probably a lot in the 25-40% range.

lordnacho5y ago

Depending on jurisdiction, there are taxes and such on top of salary.

robocat5y ago

Actually there is a more important comparison than salary: what benefit accrues to the company for 1 employee month.

Also note, “sir” seems snarky to me at best and insulting at worst. Are you even answering a guy?

xx7895y ago

enraged_camel5y ago

He said per month.

j / k navigate · click thread line to collapse