I’m assuming that’s the fully burdened rate, i.e., salary, benefits, taxes, overhead, profit, etc that employees never see, even though they should.
I remember getting a sheet from an employer early in my career that fully broke down the cost of benefits and taxes and showed me the full cost of just my employment, not including overhead, profit, etc. it was rather eye opening because although I kid of knew it from accounting and finance, it never really impacted me quite as much before seeing the numbers.
If the system didn't structure it that way, everyone would know the numbers and protest. As it is people pay up for the most part, they even defend the concept of taxing, supposedly going to public services.
I remember getting a sheet from an employer early in my career that fully broke down the cost of benefits and taxes and showed me the full cost of just my employment, not including overhead, profit, etc. it was rather eye opening because although I kid of knew it from accounting and finance, it never really impacted me quite as much before seeing the numbers.