At Stafftax we strongly advocate discussing and agreeing salaries in Gross terms (take home pay) but we appreciate that your employees may like to know what they will be ‘taking home’. Read more here about Gross vs Net.
The Total Cost is an important figure for domestic employers to keep in mind when budgeting for their staff. The Total Cost is what the employer’s total outgoings will be regarding the employee’s salary.
Use our Gross (take home pay) to Total Salary Calculator to work out an approximate total cost from your employee’s gross wage. Enter the gross wage per week or per month and you will see the total cost per week, per month, and per annum appear.
Please note, where a net salary has been agreed the employer will be covering the employee’s pension contribution in addition to their own.