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by Veserv
390 days ago
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Well, if you have a Google L5 making ~365k [1] then it would need to make them ~2.2% more productive overall to be worth it when just considering direct pay. If we consider a Google L3 at ~187k then it would need to make them ~4.2% more productive overall. This, of course, ignores employee benefits and overhead which usually amount to ~100% extra costs over direct pay. So that is now ~1.1% and ~2.1%, respectively. And that ignores the fact that you need to pay people less than they produce to be profitable which probably drops us down to ~0.5% and ~1.0%, respectively. [1] https://www.levels.fyi/companies/google/salaries/software-en... edit: Incorrectly linked to product designer instead of software engineer levels. |
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