[renke1]

60k Euros is not that bad. You can live comfortably with that in Europe.

[chrisseaton]

I think employing someone has about a 50% overhead, so it's really $30.

[cma]

I'd imagine they aren't paying any cut to recruiters. I guess that leaves real estate, equipment, contractor, and legal/accounting (assuming outsourced) overhead.

[newnewpdro]

If it's Europe my understanding is there's substantial expenses paid to employment security overhead, it's how they pay for things like the exceptionally good maternity leave and unemployment benefits type stuff.