The cost of employment is an estimate of the cost of hiring an employee. Currently on Remote, the cost of employment calculation includes the employee's base salary, the statutory contributions and Remote's management fee.
See also: What is the invoicing process at Remote?
The cost of employment calculation does not include:
- Core benefits (benefits employees need) and perks (benefits employees want)
- Relocation or visa-related costs
- Bonuses or commissions
- Off-boarding costs (if any)
- Net salary pay suggestions for employees