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by maker1138
3561 days ago
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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. |
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But I assume payroll tax is by far the biggest amount.