With this publicly available, free-to-use employee cost calculator, you can get an understanding of the cost to hire a new employee based on the mandatory contributions required in their country of residence. This encompasses taxes for government programs like healthcare, retirement, unemployment, and more. When you hire with Playroll as your Employer of Record (EOR), these costs are automatically applied during payroll.
Our publicly available calculator only allows employer cost calculations based on employee gross salaries, as the base. In the Playroll app, you'll be able to calculate the cost of employment for employees based on their net salary requirements, or even to create calculations based on total cost of employment to employers, to compare employee gross salaries by origin country. Also, these calculations do not include Playroll EOR fees or FX fees, in the case of currency conversions. You can find these specific breakdowns and more information about these programs by signing up with Playroll and using the expanded version of our employee cost calculator, located within our product dashboard.
Our onboarding representatives can also provide you estimates for the cost of supplemental benefits that employees might expect to receive in their local market. Playroll 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 Playroll'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.