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What's that come out to, around? 4 weeks pay per employee?
Well, minimum 2 months per employee plus the 4 weeks. Let’s figure an average salary of $80k. 6000 employees with an average tenure of 4 years. Let’s go ahead and round that to 3 months salary. So he’s paying the equivalent of 1500 employee’s average salary. That works out to about $120m.
I think my salary estimate is low there, and I have no idea what the tenure of the employees would be. Either way, not a small sum for a company that’s barely treading water.
I am gyessing that engineers at Twitter were probably making around $150k per year, give or take.
I would guess 150-250k.
Twitter was known for lower pay (and a lower pace) than the big names, but it's still the bay area.
That's probably more accurate.
$80k/year*.25year*2200 = $44m in this case, though like you said your salary estimate is probably low
1500 = 6000 employees multiplied by 0.25 already. No need to multiply with .25 again.
Literally the post: