POV-Ray : Newsgroups : povray.off-topic : Wikipedia Forever : Re: Wikipedia Forever Server Time
5 Sep 2024 01:24:31 EDT (-0400)
  Re: Wikipedia Forever  
From: Darren New
Date: 24 Nov 2009 22:50:37
Message: <4b0ca98d$1@news.povray.org>
Warp wrote:
>   I'm probably biased because of living here, but $78K/year is what I call
> "filthy rich".

Actually, if they mean "payroll expenses" instead of "salaries and wages", 
then this $78K includes health insurance, dental insurance, vision insurance 
to buy glasses with, prescription drug insurance, worker's compensation 
(another insurance mandated by the government), unemployment insurance (that 
pays people after you fire them), social security insurance (a tax that pays 
what's essentially pensions for retired people without pensions that isn't 
in any sense insurance), potentially life insurance and whatever 
pension/retirement stuff the company wants to pay, along with the 
administrative overhead for such (like the cost of dealing with the 
insurance companies, the retirement fund companies, etc).

The taxes are going to add up to at least 10% or 15% of that number, even if 
you provide the minimum you're allowed to provide. And if I was going to run 
a company with only 30 employees, I'd certainly have the company provide for 
us an excellent insurance and retirement package.

-- 
Darren New, San Diego CA, USA (PST)
   You know the kamikaze monsters in Serious Sam
     with the bombs for hands, that go AAAAAHHHHHHHH!
   I want that for a ring tone.


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