The $170k number comes from the employer, and the article expresses no curiosity about which end of the confidence interval at the end of 5 years that benefits fall on. Future cost-of-labor numbers from the employer may incorporate burden and liability forecasts as well, as those are considered to be a portion of labor expense when discussing compensation. The article also seems to be doing its own math to arrive at hourly rates, naively assuming that an entire amount is paid compensation and doesn't include benefits or overtime.
The base rate being increased from (apparently?) $18.50 to $21 is a red flag that should have us asking critical questions. Delivery driving is destructive to one's body and dangerous. $18.50/hour is a ruinous rate for work that's not unlikely to change the usefulness of your body.
To nitpick this - there's a non trivial up-front cost associated with automation. As such using (well, abusing) people is sometimes just plain cheaper than the amortized costs of automating.
What matters is scarcity of resources, be it commodities, or human skill!
For the work we do as software engineers we are beyond well compensated.
Hiring part time staff:
- java script 6 people
- Flutter Developer 3
Working hours: 8:00am -5:00pm can negotiate
Salary : 300$-700$
Not sure what full-time hours are, I guess 996 or whatever.Yes, I was definitely speaking from the U.S. perspective (typical american stereotype).
I would say they likely do pay $30k+ per employee and 50k isnt a big stretch when you count every benefit as you stated.
https://www.shpnc.org/documents/open-enrollment-documents/sh...
The worker cannot easily compare compensation offered by different employers, so they are less likely to leave. And bigger/more profitable businesses can afford to hire professionals to analyze and implement these benefit plans, while small businesses are left competing for 2nd tier employees since they cannot afford that overhead.
Why someone gets health insurance and retirement savings with pre tax money if their employer subsidizes it and why someone has to pay for health insurance and retirement savings with post tax money if their employer does not subsidize it is a pretty great injustice that neither party is interested in addressing.
I don’t. And I did make way more. But keep in mind that physical labor jobs are continuous work and hard on the body. As a swe I could work an hour, go for a walk to think, work another 2 hours, play ping pong with the PM while we discuss something, and enjoy multiples in RSUs. Just saying.
Sounds like you have a pretty nice SWE job, perhaps in the valley? But your experience is not typical.
I’m sure there are downsides to swe but I’ve met swe/tech people who are 65+ and super sharp and innovative.
Have you ever met a 65 yo UPS driver? Most drivers seem young.
If you are doing below that as a dev, probably worth first changing companies.