[r9etb]

In order for a company to offer you a job at the stated salary of $40,000, it's going to cost the company $50,000. At least.

If there are benefits (as most $40k jobs would have), then the cost to the company is probably at least twice the gross salary. For example, I know that my employer's cost/hour for me is twice the hourly rate that shows up on my paycheck -- and my organization was purposely set up to be on the low end of the cost/hour scale.

[rebel_yell2]

No, it won't cost the company $50,000 to pay you $50,000 because salary expense is a deductible expense. If the corporate tax rate is 30% then the company is only out $35,000 to pay you $50,000. The other $15,000 comes from Uncle Sam.

[Wright is right!]

"If there are benefits (as most $40k jobs would have), then the cost to the company is probably at least twice the gross salary."

There are a lot of variables, but anywhere from 20-30% more than the stated "salary" is a decent rule of thumb as to the actual cost to a company of an employee. I've been self-employed since the late 80's, but the last time I had a look at my line in a personnel budget, my salary was $60,000. My line in the budget was $73,000 and change. So I was making $73,000 and change.

Michael