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Employer Payroll Expenses

What percentage of that goes to payroll, SSN, employer and employee taxes, etc...


Any idea how ---from remaining 80%..
     employer will generally take payroll charges --10-13% ( depends on company size)
   Then goes your income tax like SSN,Medicare, State etc..--20-25-30% ( depends on which state you are in ).

So ultimately you get around 50% of the billing rate in your hand.

Guess Who am i ?

Don't forget about insurance, vacation time...



Last Changed By:   desi  on  2/23/2008 5:19:51 PM |  Version:   12 |  Hits:   2004 | 

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