We estimate that by 2025, Signal will require approximately $50 million dollars a year to operate—and this is very lean compared to other popular messaging apps that don’t respect your privacy.
We estimate that by 2025, Signal will require approximately $50 million dollars a year to operate—and this is very lean compared to other popular messaging apps that don’t respect your privacy.
Is it just me or is $19 million per year for 50 full-time employees insane?
Even for US salary standards.
Not at all. That’s $380K per person if everyone is making the same. Engineers with a few years of experience at Meta make $400K+.
Don’t forget the employer taxes, insurance, recruitment costs and so on. It wouldn’t surprise me if the employees are earning on average half that.
My guess: People who can be as competent with security as they need are very expensive.
For the current distribution I quote from the linked source :
Current Infrastructure Costs (as of November 2023): Approximately $14 million dollars per year.
Yes, but I was talking about the salary part, which is separate from the costs you mentioned.
It’s 19 million just for people.
Yhea no worries, I was just trying to get all the budgets together. I agree it seems quite an high budget
Also from the source:
Role of thumb is an employee costs roughly twice their base salary, as the employee still needs to cover insurance, taxes, sick time, and other benefits.
That leaves an average salary of 190K for the 50 employees. That isn’t much for tech.