APAC Salary Simulator
It’s important to have a good understanding of the fixed and variable costs involved when you craft your APAC expansion strategy.
Our APAC salary simulator tool helps with showing the gross-to-net calculations.
This includes the details of tax, social insurance, and all employer related costs.
Have a clear understanding of the cost of hiring an employee in your target country and how much your staff will receive at the end of each month.
Important note on the salary simulator: This is a gross-to-net payroll simulation; local VAT and bank transfer fees apply accordingly per country. This payroll simulation is only an estimation and should be treated as a guideline or general reference only. Details such as the age of the employee, the number of dependents, and other criteria may result in differences in tax and social security costs. Calculations may also vary based on revisions to tax or social insurance rates. The foreign exchange rate used is only for the purposes of this simulation. Current exchange rates will apply during the actual calculation. Discretionary allowances or benefits are not accommodated in the simulation. Taxable or tax free status can be case dependent. Decimal places are rounded up in this simulation.
Salary Simulator Guide
Here is a guide on how to use the salary simulator and what you can expect from using this tool:
- Select the target Country you want to expand to.
- Enter in your company details (Company Name, Email Address) so that we can assist you.
- Select if the employee is a Local or a Foreign national of that target country.
- Enter in the Gross Monthly Salary that you wish to pay that employee.
- Select the Currency you’re using to compensate with: USD, EUR, GBP or Local Currency of the target country.
- Finally, press Calculate.
- You will be presented with the gross-to-net calculation with a breakdown of the statutory social contributions.
- You will receive in your email a copy of the salary simulation as a PDF, or you can download it to your device.
