Note for others: the numbers are USDs in thousands.
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The same document says "In 2011-12, we plan to grow staff 50% from 78 to 117", so the salary turns out to be $114k
The top number is for salaries, wages, and benefits.
That doesn't just mean what people take home, but payroll taxes, the employer's typically more expensive side of the benefits contribution toward health care, and retirement or 401K matching.
I would presume the take home salaries before taxes are about 60% of the 114k average cost per employee.
Edit: I meant 65%, but then changed to 60%. As I'm in Texas, I didn't even consider state taxes they might have to pay in California.
Comments
Note for others: the numbers are USDs in thousands. -- The same document says "In 2011-12, we plan to grow staff 50% from 78 to 117", so the salary turns out to be $114k
The top number is for salaries, wages, and benefits.
That doesn't just mean what people take home, but payroll taxes, the employer's typically more expensive side of the benefits contribution toward health care, and retirement or 401K matching.
I would presume the take home salaries before taxes are about 60% of the 114k average cost per employee.
Edit: I meant 65%, but then changed to 60%. As I'm in Texas, I didn't even consider state taxes they might have to pay in California.