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Technology Stocks : Value America (VUSA) - Another eBay?
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To: RockyBalboa who wrote (671)2/24/2000 11:25:00 AM
From: Bo Le  Read Replies (2) of 734
 
I think $200K is an average employee cost for many tech companies. This $200K cover salary, stock options, benefits (health/dental insurance etc), office cost (rent, computer, stationary, etc). Believe or not, employer needs spend $20k for each employee on office rent only. In North East (where I live), office building is about $20 s/f. For a 100 sf area, that's $2000 a month. I guess cost in CA for net company like VUSA could be even higher.

I think VUSA can cut their payroll to 35 - 50 people and still get their websites up and running just like they have 360 people now.

Bo
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