Employee cost calculator

Remote’s employee cost calculator helps hiring managers estimate the total cost of employment (TCE) for employees in other countries. The TCE displayed by this free, easy-to-use calculator equals the employee’s salary plus all compulsory contributions toward government programmes. These include taxes for healthcare, retirement, unemployment and similar schemes, which differ by country. When you hire through Remote, these contributions are automatically applied in payroll. To use the calculator, enter the employee’s location, role and salary. We will compute the cost to hire in that country from the provided salary. Compare costs across several countries, then download a PDF of the results to save or share with your team. This tool is ideal for planning and budgeting new hires as you expand internationally. An expanded version of the employee cost calculator is available in our product dashboard; it provides a detailed breakdown of each contribution and an estimate of the typical supplemental benefits cost in that country. Access the expanded calculator by signing up with Remote today. It’s free to get started with no commitment required.

This publicly available, free-to-use employee cost calculator gives an estimate of the cost to hire a new employee by accounting for social contributions required in their country of residence. That includes taxes for government programmes such as healthcare, retirement, unemployment and more. 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 the detailed breakdown of social contributions (for example, 8% for healthcare, 5% for social security) – instead it displays the total cost to hire as a single line item that includes all programmes.

You can find a detailed breakdown and further information about these programmes by signing up with Remote and then using the expanded version of our employee cost calculator in the product dashboard.

The expanded calculator additionally provides estimates for the cost of supplemental benefits employees are likely 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.

If you want to use Remote’s expanded employee cost calculator, sign up today! Getting started is free, and you can use the calculator without any obligation 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 presently support. If you cannot find the country you need, don’t worry – we continually expand our coverage and improve our tools to help customers hire everywhere! Check out our Country Explorer for more detailed information.

Employees may also be liable for certain taxes under local rules; these amounts are deducted from their salary in payroll. Currently, neither the public employee cost calculator nor the expanded version displays the taxes payable by the employee, but our in-house hiring specialists can advise customers and their employees about these obligations.

In today’s global economy, expanding hiring beyond the local market is essential for businesses.

Hiring globally enables faster scaling. You need not wait for the ideal candidate in the local market when skilled people around the world may meet your needs. In a competitive market, employers open to hiring internationally gain a significant advantage over more insular rivals.

Hiring staff worldwide also introduces fresh perspectives to your team, which can help build superior products and reach customers in new markets. Diverse and inclusive workforces are also known to be more productive.

Employing remote team members can also reduce costs. Global remote teams avoid the expense of office premises and provide 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 owned business entities in countries across the world (no third parties!). We assist customers to hire, pay and provide benefits to their employees in these locations. We manage compliance and HR so you can focus on scaling your business, for a flat fee per employee. It’s that simple.

If you’re ready to hire globally, get started by onboarding your first employee with Remote today!