IPR 0.00% 4.1¢ ipernica limited

quarterly update including appendix , page-9

  1. 988 Posts.
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    I would very much like a breakdown of staff costs.

    July 2008 Staff costs were $2.224m per annum


    Three years later after we acquire Nearmap

    Staff costs are $4.846m


    How many new staff did we take onboard?

    Let's say 10, then average salary would be $262,000/annum

    20 staff then average would be $131,000/annum

    And let's face it how many of the new staff are receiving anywhere near that wage, so who is being overpaid?
 
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