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Message
re: Salary Question for OT O&G Engineers
Posted on 3/18/15 at 6:02 pm to xXLSUXx
Posted on 3/18/15 at 6:02 pm to xXLSUXx
quote:
1/3 to the employee
1/3 to insurance/overhead
1/3 to the owners.
At the least.
Does the 1/3 to the employee include 401k matching and the portion of health insurance premiums paid by the employer?
1
Posted on 3/18/15 at 6:05 pm to MadeInMexico
It's honestly just up to the owners. Some firms have multiple owners and take more than 1/3rd to make up their portion. Some have a single owner with many employees, so they take less than 1/3. It's just a guideline. If you think you're underpaid, get offers from other companies and see if they'll match.
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