ALLSTARSIT’s free employee cost calculator shows you the cost of engaging an expert in a new country so you can
more effectively budget for your global team
Powered by ALLSTARSIT
Position
Senior iOS Developer
Average cost in Romania
$7,500
Average cost in the U.S.
$22,000
Total save:
$14,500 per month
Position
Senior iOS Developer
Average cost in Romania
$90,000
Average cost in the U.S.
$264,000
Total save:
$174,000 per year
EOR / Contractor Management
HR & Retention
Staff Augmentation
Dedicated Teams
Operations center set-up
Corporate benefits administration
Equipment & office procurement
L&D program implementation
Health insurance sourcing
1
ALLSTARSIT's employee cost calculator helps hiring managers calculate labor costs for their workforce across different countries globally.
By simply entering the worker's location, job title, and salary, our user-friendly calculator will estimate the cost to hire in that particular country based on our extensive database. The total cost of employment displayed on the calculator includes the expert's salary and all mandatory government program contributions, such as healthcare, retirement, and unemployment taxes. When you choose to hire with us as your Employer of Record, these taxes automatically apply during payroll.
The output of our cost calculator can be downloaded as a handy PDF, which can be used to plan and budget for new hires and support your company's global expansion strategy. It's the perfect tool to facilitate your recruitment process and help you stay ahead of the competition.
2
In today's global economy, expanding your business's hiring beyond your local market is crucial.
Recruiting talent globally enables businesses to scale more efficiently. Waiting for the perfect candidate in your local market can be a lengthy process, whereas numerous skilled workers around the world may be suitable for the role. In a competitive hiring landscape, businesses open to hiring globally have a significant advantage over their narrow-minded competitors.
Employing people from diverse regions worldwide also brings new and innovative perspectives to your team, leading to the development of better products and access to new markets. In addition, a diverse and inclusive workforce has been proven to be more productive.
Hiring remote team members is also a more cost-effective option. Global teams do not require expensive office space, and companies can achieve greater coverage across multiple time zones, resulting in faster product delivery and improved customer support.
3
Now that you have an idea of the hiring costs in different countries, what's the next step?
ALLSTARSIT acts as an Employer of Record (EOR) with our own business entities in various countries worldwide (without involving third parties!). We assist our clients in recruiting, compensating, and providing benefits to their staff in these nations. Our services include managing compliance and HR, allowing you to concentrate on expanding your business, all at a fixed cost per employee. It's a simple process.
If you're ready to begin your global hiring journey, start by onboarding your first employee with ALLSTARSIT today!