Employee cost calculator

Remote’s employee cost calculator helps hiring managers estimate the total cost of employment (TCE) for employees in different countries. The TCE displayed by this free, easy-to-use calculator represents the employee’s salary combined with all required contributions to government programs. Those contributions include taxes for healthcare, retirement, unemployment and similar schemes, which differ by country. If you hire an employee through Remote, these charges are applied automatically during payroll. To use the calculator, enter the employee’s location, role, and salary. We calculate the hiring cost for that country using the salary you provide. You can compare hiring costs across several countries and download the results as a convenient PDF to store or share with colleagues. This tool is ideal for planning and budgeting when expanding globally. An expanded version of the employee cost calculator is available in our product dashboard; it offers a detailed breakdown of contributions plus estimated costs for common local supplemental benefits. You can access the expanded calculator by signing up with Remote today. It’s free to get started and requires no commitment.

Using this freely available employee cost calculator, you can estimate the cost to hire someone by accounting for the social contributions required in their country of residence. That includes taxes for programs such as healthcare, retirement and unemployment. When you hire with Remote as your employer of record (EOR), these costs are automatically applied during payroll.

Our publicly available calculator does not provide a detailed breakdown of social contributions (for example, 8% for healthcare, 5% for social security) – instead it displays the total cost to hire as one line item, covering all programs.

You can find a detailed breakdown and further information on these programs by signing up with Remote and using the expanded version of our employee cost calculator, located within our product dashboard.

Our expanded employee cost calculator also offers estimates for the cost of supplemental benefits that employees might expect to receive in their local market. Remote offers competitive local benefits plans at low costs in most countries we hire in, which provides your global team members with the support they need to thrive. Offering the best local benefits also helps you attract and retain the best talent around the world.

To access Remote’s expanded employee cost calculator, sign up today! It’s free to get started and use the calculator, whether or not you decide to onboard an employee with us.

Remote supports employment worldwide through our employer of record (EOR) services. The countries listed in the dropdown reflect where we currently provide support. If your desired country isn’t shown, don’t worry – we continually expand and improve our tools to help customers hire everywhere! Check out our Country Explorer for more detailed information.

Employees are responsible for certain taxes depending on local regulations. Those amounts are automatically deducted from their pay during payroll. Currently, neither our public calculator nor the expanded version displays employee-side taxes, but our in-house hiring specialists can advise customers and their employees about those obligations.

In the current global economy, expanding recruitment beyond the local market is essential for many businesses.

Hiring internationally enables employers to scale faster. Rather than waiting for the ideal candidate locally, you can tap into skilled professionals worldwide. In competitive labour markets, companies open to hiring anywhere gain a significant edge over more inward-looking rivals.

Bringing employees from across the globe introduces fresh perspectives that can improve product development and help reach new customers. Diverse and inclusive workforces are also known to be more productive.

Hiring remote team members can also reduce costs. Global remote teams reduce the need for costly office space and give your company broader time zone coverage to boost customer support responsiveness and accelerate product delivery.

Once you know the cost to hire in a country – what are the next steps?

Remote is an employer of record (EOR) operating with owned business entities across the globe (no third parties). We assist customers with hiring, payroll and benefits in those countries. We manage compliance and HR so you can concentrate on scaling your business, all for a flat fee per employee. It’s that simple.

If you’re ready to start hiring around the world, get started by onboarding your first employee with Remote today!