🚀 go-pugleaf

In article <1hrcplINNd4u@darkstar.UCSC.EDU> bafta@cats.ucsc.edu (Shari L Brooks) writes:
>
>In article <1992Dec29.164256.18889@murdoch.acc.Virginia.EDU> 
>rbw3q@rayleigh.mech.Virginia.EDU (Brad Whitehurst) writes:
>
>>In article <ewright.725152007@convex.convex.com> ewright@convex.com (Edward 
>>V. Wright) writes:
>
>>>You think a typical engineer earns $100,000 a year?
>>>
>>>I want to work for your company!
>
>>	By the time you also pay for FICA, pension, benefits, and
>>overhead, a $50,000 engineer can easily cost a company double his base
>>pay!  BTW, Ed, I ALSO help do the budgeting for my lab, so before you
>>ask, yes, I have some experience in this!
>
>Wow, your lab pays for FICA?  I'm impressed.  It takes up about a third
>of *my* salary, when combined with income taxes.  Right out of my pay.
>I was under the impression it came out of everyone's pay, that that was
>the idea behind "Social Security".
>
	Your employer also contributes an amount about equal (I think)
to that deducted from your paycheck.  So, yes, Social Security zaps
both you AND your employer!
-- 

Brad Whitehurst    |   Aerospace Research Lab
rbw3q@Virginia.EDU |   We like it hot...and fast.