I am curious as to what amount people think employers pay into SS/Medicare
As an employer, I can tell you we pay zero. We calculate it into the salary we pay you. The idea we pay half and you pay half is government lying to you. If you don't provide enough value to cover all our costs of paying you ... we shit can you ... And that's on you, not us. You weren't worth the cost
Very true
Employers make a profit off of EVERY employee.
While I am shocked that out of all people on this forum, this guy said something accurate..... he's right. In this one single example, he is in fact right.
"Employers make a profit off of EVERY employee."
This is true. The only technical exception, would be companies that have to hire lobbyists in Washington, to keep the government from destroying them. Essentially mafia protection money.
But for the average business, the employer makes money on every single employee, including support staff. If the business lost money an employee... they wouldn't hire them.
Think about it. If you made $50,000 profit this year without employee X. And then made only $30,000 profit next year after hiring employee X..... then you wouldn't hire employee X.
I'll give you a real life example, involving a janitor, and an assembly line. Company here in Ohio I worked for.
At one point they had 30 people working assembling product. Of course with that much product and people, the trash cans and floors got filled and dirty quite fast. So the company hired a janitor. The janitor emptied all the trash cans in the planet, broke down boxes, and put them in the bin, and cleaned the floors daily.
Because the Janitor was doing these duties, the assembly people could focus on work. The result was higher production across the entire company. So the Janitor created revenue, by taking over duties that hindered production. Thus production was much higher, even though the individual in question, the janitor, created no production.
There was a massive profit from hiring this one employee.
At the same time, when production slowed down, and assembly employees had plenty of spare time between jobs, then the janitor created zero profit, because there was no production increase from him doing those jobs. We laid him off. At the end we were emptying the trash and mopping the floors ourselves, because production was slow.
Now obviously hiring multiple janitors has diminishing returns, because the time savings doesn't double each time you hire another janitor. Emptying the trash twice, doesn't have a production benefit, from emptying it once. So it's not like hiring a 3rd sales guy which will increase sales proportional to the number of sales people you have.
So as much as I'm surprised this poster said something accurate.... he is in fact correct on this one. Companies make a profit on every employee... or they wouldn't have that employee.