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  1. Newsgroups: sci.space
  2. Path: sparky!uunet!zaphod.mps.ohio-state.edu!howland.reston.ans.net!paladin.american.edu!gatech!concert!uvaarpa!murdoch!rayleigh.mech.Virginia.EDU!rbw3q
  3. From: rbw3q@rayleigh.mech.Virginia.EDU (Brad Whitehurst)
  4. Subject: Re: fast-track failures
  5. Message-ID: <1993Jan4.160849.14280@murdoch.acc.Virginia.EDU>
  6. Sender: usenet@murdoch.acc.Virginia.EDU
  7. Organization: University of Virginia
  8. References: <ewright.725152007@convex.convex.com> <1992Dec29.164256.18889@murdoch.acc.Virginia.EDU> <1hrcplINNd4u@darkstar.UCSC.EDU>
  9. Distribution: usa
  10. Date: Mon, 4 Jan 1993 16:08:49 GMT
  11. Lines: 29
  12.  
  13. In article <1hrcplINNd4u@darkstar.UCSC.EDU> bafta@cats.ucsc.edu (Shari L Brooks) writes:
  14. >
  15. >In article <1992Dec29.164256.18889@murdoch.acc.Virginia.EDU> 
  16. >rbw3q@rayleigh.mech.Virginia.EDU (Brad Whitehurst) writes:
  17. >
  18. >>In article <ewright.725152007@convex.convex.com> ewright@convex.com (Edward 
  19. >>V. Wright) writes:
  20. >
  21. >>>You think a typical engineer earns $100,000 a year?
  22. >>>
  23. >>>I want to work for your company!
  24. >
  25. >>    By the time you also pay for FICA, pension, benefits, and
  26. >>overhead, a $50,000 engineer can easily cost a company double his base
  27. >>pay!  BTW, Ed, I ALSO help do the budgeting for my lab, so before you
  28. >>ask, yes, I have some experience in this!
  29. >
  30. >Wow, your lab pays for FICA?  I'm impressed.  It takes up about a third
  31. >of *my* salary, when combined with income taxes.  Right out of my pay.
  32. >I was under the impression it came out of everyone's pay, that that was
  33. >the idea behind "Social Security".
  34. >
  35.     Your employer also contributes an amount about equal (I think)
  36. to that deducted from your paycheck.  So, yes, Social Security zaps
  37. both you AND your employer!
  38. -- 
  39.  
  40. Brad Whitehurst    |   Aerospace Research Lab
  41. rbw3q@Virginia.EDU |   We like it hot...and fast.
  42.