Employee cost calculator

Remote’s employee cost calculator enables hiring managers to estimate the total cost of employment (TCE) for employees across different countries. The TCE presented by this free, user-friendly calculator comprises the employee’s salary plus all mandatory statutory contributions. These contributions include taxes for healthcare, retirement, unemployment and similar programmes, which differ by country. When you hire an employee through Remote, these contributions are applied automatically during payroll. To use the calculator, enter the employee’s location, job title and salary. The tool then computes the hiring cost for that country based on the salary provided. Compare costs across several countries and download the results as a convenient PDF to save or share with your team. This tool is ideal for planning and budgeting new hires as part of your global expansion. An expanded version of the calculator is available in our product dashboard, offering a detailed breakdown of each contribution plus estimated costs for local supplemental benefits. You can access this expanded calculator by signing up with Remote today. It is free to get started and requires no commitment.

This public, free-to-use employee cost calculator helps estimate the cost to hire by accounting for the social contributions required in an employee’s country of residence. These include taxes for government programmes 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 public calculator not display a specific breakdown of social contributions (i.e. 8% for healthcare, 5% for social security) – you simply see the total cost to hire as a single line item, inclusive of all programmes.

You can find a specific breakdown and more information about these programmes 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 is 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 shown in the dropdown reflect those we currently support. If your desired country is not listed, please be advised we are continually expanding and enhancing our tools to enable hiring everywhere! Check out our Country Explorer for further details.

Employees are also liable for certain taxes depending on local rules; these are deducted automatically from their salary during payroll. At present, neither our public employee cost calculator nor the expanded calculator displays the taxes payable by employees, but our in-house hiring specialists are available to advise customers and their employees about their obligations.

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

Hiring across borders enables employers to scale faster. Rather than waiting for the ideal candidate locally, you can access talent worldwide with the necessary skills. In a competitive recruitment market, employers open to global hiring gain a significant advantage over more insular competitors.

Hiring globally also injects fresh perspectives into your workforce, helping you build superior products and reach customers in new markets. Diverse and inclusive workforces are also more productive.

Employing remote team members can also be more cost-effective. Global remote teams reduce the need for costly office premises and extend your company’s coverage across time zones, improving customer support response times and accelerating product delivery.

You now know how much hiring in a country costs – what are the next steps?

Remote is an employer of record (EOR) with owned business entities across many countries worldwide (no third parties!). We assist customers with hiring, payroll and benefits for employees in those countries. We manage compliance and HR so you can focus on growing your business, all for a flat fee per employee. It really is that straightforward.

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