Independent space from ARIN
Stephen Sprunk
stephen at sprunk.org
Wed Apr 16 20:41:34 UTC 2003
Thus spake <Valdis.Kletnieks at vt.edu>
> I've seen places that have "salary" in one category, and "fringe
> benefits" is everything else - employer contributions to medical
> insurance, retirement plans, Social Security, workmen's comp
> insurance, and so on.
>
> How (or even whether) it adds up to 40% of salary I admit to not
> knowing.
It's commonly accepted among HR types that benefits for a full-time employee
cost 30% to 60% of their salary, depending on how generous the benefits are
and whether the company can get volume discounts. ARIN's numbers seem
consistent with standard practice.
S
Stephen Sprunk "God does not play dice." --Albert Einstein
CCIE #3723 "God is an inveterate gambler, and He throws the
K5SSS dice at every possible opportunity." --Stephen Hawking
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