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by maker1138 3561 days ago
They are not paying $250k per employee. You have to factor in payroll taxes, paying accountants to keep books and CPAs to do taxes, benefits, and a multitude of other regulation-imposed payroll costs.

All of this is to support salaries of around $125k - $150k.

The same goes for pretty much any employer. If a fast food restaurant hires someone at $8/hr, it actually costs them around $16/hr to hire the employee.

In a free market Let's Encrypt could probably cut its expenses to close to half what it's at now.

3 comments

The post says that the Linux Foundation handles administration and accounting for them.

But I assume payroll tax is by far the biggest amount.

In a "free market", I'd demand higher wages to cover medical expenses, my membership in the local road association so I could use the roads, etc. And I'd get it because I'd be in a union (as a programmer in this current non-free market, I don't feel super compelled to unionize, yet). But otherwise, yes, agreed.
In a "free market", I'd agree to do it for the same minus the local road association costs. Sorry, you're out of a job.

Edit: People downvoting reality. OK.

I'm only out of a job if you can successfully get to work without using the roads owned by the local road association. And if you can do that, so can I, so I wouldn't be paying that cost. But this is SF we're talking about, so that seems unlikely - transportation is extremely monetizable.

Alternatively, maybe you're taking a worse route to work and willing to suffer a worse commute, in which case fine, you're just willing to work for lower pay than I am. I'm only out of a job if you're an equal-quality employee despite being willing to work for lower pay, in which case one of us is being stupid (either you are undercharging, or I am overcharging) and could just choose to stop being stupid.

In Sweden the head of state earns less money than the average Let's Encrypt employee.
The President of the United States earns less than some federal employees.

Same here in New Zealand, the Prime Minister earns less than several public servants.

The Swedish head of state does not live in Silicon Valley (and I would be surprised if the Swedish state is spending less than $250k/yr. in total on its monarchy).
My point was not that Sweden i great and cheap, it was that you can get allot for those sums of money.
Good, since LE employees are actually providing value to the world.