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Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Klempay who wrote (12107)11/17/1999 1:08:00 PM
From: Ed Flynn  Read Replies (1) | Respond to of 20297
 
Tom,
Benefits should be running around 35-40% (not including bonus) of the salaries. If CKFR is running at 3 times salary they have one hell of a package and I might just send them a resume myself :).

Ed



To: Tom Klempay who wrote (12107)11/17/1999 1:29:00 PM
From: BitWizrd  Respond to of 20297
 
I've been told by people in the benefits and accounting business, that, as a rule of thumb, take the salary and multiply by 3 to approximate total cost for any employee.

That's to calculate the cost of an FTE, most of which includes cash already spent before the employee is ever hired (i.e., rent, infrastructure, office supplies, etc). In other words, a good portion of that cost is not a current liability, and is not a drag on cash in the current period.


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