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by SiliconAlley 2654 days ago
I am surprised that nobody has raised the question of whether this is 15% of gross pay, pre-tax or 15% of net pay, post-witholding (well assuming W2 positions)? Those are very different things, especially in states like CA/NY where I imagine many candidates might end up being placed. In those contexts 15% of gross might be more like a 25-30% effective share of the developer's net income (?)