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Re: sneakpeak post# 185902

Tuesday, 06/05/2012 9:46:17 PM

Tuesday, June 05, 2012 9:46:17 PM

Post# of 312015
slight modification to what you are saying. We used to use a figure of $100/hour for a professional person. I think we are both right. Y ou are talking about salary, but salary is nto COst. COst is what is used internally for any kind of analysis.

A person being paid 70k may Cost the company $150/hour when you add burden (vacation, benefits, etc) and Overhead. You can roughly double the salary figure.

SO if the average professional's salary + benefits = 120k (what you are saying),I would up that to about 150k/year to get a true Cost figure. Cost is what shows up on the Income Statement and is what is of concern to investors.

The $100/hour figure equates to abotu 200k/yedar in Cost.


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