Quote:
Originally Posted by SAC
employers factor in what they have to pay on your behalf into your wage/salary
if an employer has a $50000 budget for a new employee, he/she will make $46511
(above example just includes FICA theft and not other taxes/benefits, he'she would probably make $40000 or less)
|
I owned a retail business for over 20 years with 30-40 employees. I hated matching the taxes every other week, label it what you want it costs the small business owner X every payroll not the employee. A rare employee is the one who realizes the employer is paying him 7.5% more than his check shows.
.