EOR total cost calculator
What an Employer of Record hire actually costs once statutory employer contributions, mandatory extra payments and the platform fee are added to gross salary. Currently priced for Spain in EUR.
Result
€65,688 per employee per year in Spain
| Gross annual salaryPer employee, in EUR | €45,000 |
|---|---|
| Mandatory extra payments0 month(s) of salary per year | €0 |
| Employer statutory contributions30% of salary including extras | €13,500 |
| EOR platform fee$599 per employee per month, shown in USD | $7,188 |
| Total | €65,688 |
Shareable result: https://peosignal.com/calculators/eor-total-cost?country=spain&salary=45000&employees=1&fee=0
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What this assumes
- Two statutory extra payments are normally prorated into the twelve monthly salaries.
- Salary and statutory contributions are in local currency; the platform fee is quoted in USD as providers price it that way.
- Excludes one-off costs such as equipment, visa sponsorship and end-of-service payments.
- Statutory rates verified 2026-07-28 against the sources cited on the country reference page.
How the maths works
Statutory contributions are applied to salary plus any mandatory extra payments, not to base salary alone. That ordering matters in Colombia and Mexico, where the extra payments are themselves contributory, and it is the most common reason a provider quote comes in above a back-of-envelope estimate.
The employer burden used for Spain is 30% and mandatory extra pay is modelled as 0 month(s) of salary per year. Both figures come from the sourced field table on the Spain country page.
The platform fee is quoted per employee per month in USD because that is how EOR providers price, while salary and contributions stay in local currency. Mixing the two in one total would hide an exchange-rate assumption you did not make.
Check the estimate against a real quote
Send the inputs above to a broker and get priced numbers back for your headcount.
Questions
- How much does an Employer of Record cost?
- Two components: the provider's platform fee, typically $400 to $650 per employee per month, and the statutory employer contributions in the hire country, which run from roughly 17% of salary in Singapore to about 30% in Spain, Mexico and Colombia.
- Is an EOR cheaper than opening an entity?
- Below roughly five employees in a country, an EOR is almost always cheaper once incorporation, local accounting, statutory filings and a local director are counted. Above that, the fixed cost of an entity starts to win.
- Why is my provider quote higher than this estimate?
- Common gaps are private health cover, equipment and expense handling, one-off onboarding fees, and end-of-service accruals such as Colombian cesantías that a provider may bill monthly rather than annually.
Related
- EOR in Spain — the sourced statutory field table behind these rates
- EOR reference by country — compare employer burden across countries
- PEO cost calculator — the US alternative when the hire is domestic