Employee cost calculator

Remote’s employee cost calculator enables hiring managers to gauge the total cost of employment (TCE) for staff across different countries. The total cost of employment produced by this free, user-friendly calculator comprises the employee’s salary plus all compulsory contributions to government programmes. These contributions include taxes for healthcare, retirement, unemployment and similar schemes, and they differ by country. When you hire through Remote, these charges are automatically applied in payroll. To use the calculator, enter the employee’s location, job title and salary. We will calculate the hiring cost in that country based on the salary provided. You can compare hiring costs across several countries and download the results as a convenient PDF to store or share with colleagues. It is an ideal tool for planning and budgeting hires as part of your international expansion. An expanded version of the employee cost calculator is available in our product dashboard; it provides a detailed breakdown of each contribution along with estimated costs for typical supplementary benefits in that country. You can access the expanded calculator by signing up with Remote today. It is free to begin using with no obligation.

Using this publicly available, no-cost employee cost calculator gives an indication of the hiring cost for a new employee based on the social contributions required in their country of residence. This encompasses taxes for government programmes like healthcare, retirement, unemployment, and more. They are applied automatically in payroll when you engage Remote as your employer of record (EOR).

Our publicly available calculator does not display the detailed breakdown of social contributions (for example, 8% for healthcare, 5% for social security) – instead, you are shown the total hiring cost as a single line item covering all schemes.

You can access a detailed breakdown and further information on these programmes by signing up with Remote and by using the expanded employee cost calculator within our product dashboard.

The expanded calculator also provides estimates for the cost of supplementary benefits employees are likely to receive in their local market. Remote offers competitive local benefits plans at modest prices in most countries where we operate, helping your international team members get the support they need to flourish. Offering strong local benefits also helps attract and retain top talent worldwide.

To access Remote’s expanded employee cost calculator, sign up today! You can start using it for free with no obligation, whether or not you later onboard an employee with us.

Remote supports employment worldwide via our employer of record (EOR) services. The dropdown lists the countries we currently support. If the country you need is not shown, don’t worry – we are continually expanding and improving our tools so customers can hire everywhere. Check out our Country Explorer for more detailed information.

Employees are also liable for certain taxes depending on local rules; these are automatically deducted from their pay during payroll. Currently, neither the public employee cost calculator nor the expanded calculator displays the taxes owed by the employee, but our in-house hiring specialists can advise customers and their employees on these obligations.

In the current global economy, it is important for businesses to extend hiring beyond their local market.

Recruiting internationally enables employers to scale more rapidly. You need not wait for the ideal candidate locally when skilled professionals exist worldwide. In a competitive talent market, companies that hire globally gain a strong advantage over more inward-looking rivals.

Bringing employees from different countries introduces fresh perspectives, which can help you build superior products and reach new customers. Diverse and inclusive workforces are also known to be more productive.

Employing remote team members can also reduce costs. International remote teams do not require costly office premises, and your business gains broader coverage across time zones to improve customer support 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) with our own business entities in numerous countries (no third parties!). We assist customers to hire, pay and provide benefits to employees in those countries. We take care of compliance and HR so you can focus on scaling your business, all for a flat fee per employee. It’s that simple.

If you are ready to begin hiring worldwide, get started by onboarding your first employee with Remote today!