That includes all bonuses, taxes, benefits, etc. Had to dig deeper because the owners wrote some personal expenses off as business ones (like buying a new car), but it was depressing. Even after all costs, even after the 2 owners taking such a huge chunk out of the business, the pure after-everything profits was still enough to raise every member on payroll (W2 & 1099) to 100k a year, while still maintaining the bonuses and benefits we already have (so really ~120k/yr).
Over half of the workforce (mainly 1099) doesn’t make a living wage from the job’s income for where I live, only 2 make enough to have a family and a home (during normal market conditions, they can’t anymore), and while the benefits are decent and comp is above average for the industry, the fact that the owners would rather put all that extra cash into stocks instead of providing a comfortable living for the workforce responsible for their success is absolutely depressing.
Oh yeah, did I mention that our business is considered a small business on both workforce and revenue, and there’s 13 workers on payroll? So when your boss says that they can’t afford to pay a living or comfortable wage, look into their financial documents on the accounting software. You never know what kinds of things you might find.
Tl;dr: Dug deep into finances on company’s accounting software, found out the 2 small business owners make 1.55x the total workforce, and are capable of paying everyone 100k/yr + benefits & bonuses without needing to lower their earnings.