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Re[2]: [at-l] AMC's response to me
- Subject: Re[2]: [at-l] AMC's response to me
- From: spiriteagle99@xxxxxxxxxxx (Jim and/or Ginny Owen)
- Date: Sun, 16 Mar 2003 02:22:56 +0000
Weary wrote:
>>"... But a salary of over $300,000 plus the perks, plus the location, plus
>>ad hominum..."
>
>Hmmm. We started with with "compensation" of $220,000. How did it get >to
>"over $300,000 plus...."
Hmmm - never heard of "overhead", huh? Those companies that contract to the
gubmint include an "overhead" charge of up to 130% of base salary - for
every employee. Covers office space, furniture, pencils, phones, computers,
insurance, medical, unemployment compensation, Social Security --- and
about 100 other "employer expenses".
It adds up quickly. Even for an NPO. In fact, for $220,000 compensation,
it would add up to over $500K per year. Would an NPO get away with
"cheaper"? Maybe - but not much. Many of those "employer expenses" are
mandated - and others are necessary operating expenses. But it's all still
an expense when you get to the bottom line.
Walk softly,
Jim
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