Zurich Insurance to Cut Up to 800 Jobs to Save $250 Million By Jeffrey Vögeli | March 11, 2014 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 3 Comments March 12, 2014 at 10:32 am Consultant says: Like or Dislike: 0 0WOW…Do the math, that is $312,500 per employee. No wonder they need to cut cost. I would gladly work for them for half that amount, give them a hard days work and save them 50% Reply March 17, 2014 at 12:36 pm Ed says: Like or Dislike: 0 0Sounds about right.. Probably salaries averaging 180k, benefit costs of 60-80k, stock options and tax increases due to layoffs. Reply March 17, 2014 at 4:07 pm FFA says: Like or Dislike: 0 0Let me guess – most of the cuts coming in the Il Office. TX getting another influx of jobs? Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
WOW…Do the math, that is $312,500 per employee. No wonder they need to cut cost. I would gladly work for them for half that amount, give them a hard days work and save them 50%
Sounds about right.. Probably salaries averaging 180k, benefit costs of 60-80k, stock options and tax increases due to layoffs.
Let me guess – most of the cuts coming in the Il Office. TX getting another influx of jobs?