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The El Paso

How much does payroll cost? A $50,000 hire can run up to $70,000

How much does payroll cost? A $50,000 hire can run up to $70,000
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The business is growing and it’s finally time to hire someone to help keep things running. When an owner sits down to budget for that first employee, the natural starting point is the salary. The offer letter says $50,000, so that’s what goes into the plan. The real cost is higher, but it’s predi...

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