I am working on H1 in SF Bay area. My employer pays me 66000$/month. I am working for a big corporate client for last 8 months and my billing rate is nearly 80$/hour. My employer pays 50% of my insurance premium. This way, my employer is easily earning a profit of around 60K for a year. Is this profit amount normal for the employers. I want to ask for a salary raise and i want to know how much should i get in this situation?
Try not to calculate your employer’s profit margins because their costs are not always an easy math calculation. They have lot many other variables that factor into the cost model. Decide on how much you want to take home as salary and ask your employer if that is doable. Sometimes it is possible.
Best wishes
Dr. Sandeep Shankar, Colorado Heights University, www.chu.edu