Salary Spin

Thad Van Ry thad at linuxnetadmin.com
Thu Aug 16 16:13:19 MDT 2007


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On 8/16/07, Doran L. Barton  wrote:
> My point: it really depends. Pay isn't the only thing a company offers to
> its employees.

Pay isn't the only thing, and many people forget to include how much
their benefits are worth.
If I work for a company that doesn't provide or help pay for health
insurance, in some cases that may as well be a cut in pay.
I'll give the following example, say that I have to go get my own
health insurance because my company doesn't offer group health
insurance. Realistically this may cost about $640/month for family
coverage, and in Utah, won't include dental insurance.
Now say I work for a company that offers a group health plan (with
dental insurance) and they pay a large portion of my premium, thus my
portion is $240/month.
That's an extra $400/month or $4800/year. So if you only compare
salaries, you may actually be taking a cut in pay.
Thad
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