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How to View Estimated Costs of Hiring Employees

Elyka Lazaro
  • Updated

Overview:

Outstaffer provides two powerful tools—the Cost Calculator and Budget Calculator—to help you estimate employment expenses across APAC. These calculators offer a transparent view of statutory entitlements, Outstaffer fees, and configurable items, helping you make informed hiring decisions and stay within budget. This guide covers how to use both tools and export cost summaries for record-keeping or stakeholder sharing.

 

Step-by-Step Instructions 📌

1. Use the Cost Calculator (Based on Gross Salary)

This tool helps you estimate the total cost of employment when you already know the employee’s gross salary.

  1. Go to “Cost Calculator”: In the left-hand navigation menu, click on Cost Calculator.

  2. Enter required details:

    • Country of employment.

    • Salary period: Choose Monthly or Annual.

    • Gross salary: Enter in either local or home currency. Currency conversion happens automatically.

  3. Click “Calculate”: A summary of the estimated employment cost will be displayed.

  4. Review the cost breakdown:

    • Statutory entitlements, taxes, and government-mandated costs.

    • Outstaffer fees.

    • Optional items such as equipment, memberships, or leave adjustments.

  5. Export the cost summary:

    • Click Export PDF in the top-right corner of the summary table to download a PDF version of the estimated employment costs.

📌 Use this tool when you know the gross salary and want a full view of the employer’s financial commitment.

 

2. Use the Budget Calculator (Based on Total Budget)

Ideal when you have a fixed monthly or annual budget and want to determine how much of it can go toward salary and benefits.

  1. Go to “Budget Calculator”: Located in the left-hand navigation panel.

  2. Input your budget:

    • Choose a budget period (Monthly or Annual).

    • Select the country of hire.

    • Enter your total budget.

  3. Configure components:

    • Add configurable items such as allowances, equipment, health benefits, and leave entitlements.

  4. Review calculated results:

    • View the maximum gross salary that fits within your budget.

    • Includes breakdown of statutory costs, Outstaffer fees, and optional items.

  5. Export the budget summary:

    • Click Export PDF to download a full summary of the calculated employment budget.

📌 Use this when planning backward from a set employment budget and needing to structure your offer accordingly.

 

 

✅ Discuss with Your Staffing Solutions Manager

Need help interpreting the estimates or adjusting components? Click Schedule a Call on either calculator page to connect with your Staffing Solutions Manager for personalised assistance.

 

 

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