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by jaas 3565 days ago
That's for ten employees, not eight. Salary + benefits.

Could have been more clear in the post, but we have eight employees now and have budgeted for ten in 2017.

1 comments

Assuming 100% overhead for benefits, etc., that's 100K per employee, which is quite low for Silicon Valley.
The 100% overhead only applies to the "average" job. Health benefit costs are typically the biggest piece of the benefits puzzle and don't scale with salary. In SV the overhead is more like 25%.