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