Use this employment cost calculator for Australia to calculate the estimated employee cost in Australia. Get accurate estimates including superannuation, payroll tax, work cover, and total employer costs so you can effectively manage your budget for hiring in Australia.
/ Year
/ Month
Employee costs in Australia extend far beyond the basic salary. Understanding the true cost of employment is crucial for businesses to budget effectively and make informed hiring decisions. The total cost of employment (TCE) includes direct salary payments, mandatory employer contributions, taxes, and insurance premiums.
In Australia, employers must consider various statutory obligations including superannuation contributions, payroll tax, workers compensation insurance, and employee leave entitlements. These additional costs typically add 25-35% to the base salary, making accurate calculation essential for business planning. For businesses expanding across the Asia-Pacific region, you may also want to compare costs with our employee cost calculator for India.
Australia has comprehensive employment laws that ensure fair treatment of workers while establishing clear obligations for employers. The Fair Work Act 2009 sets minimum standards for employment conditions, including minimum wages, leave entitlements, and termination procedures. For companies with global operations, understanding similar regulations in other markets is crucial - explore our HR outsourcing services in India for comprehensive Asia-Pacific expansion support.
Employers must contribute 12% of ordinary time earnings to eligible employees' super funds.
Full-time employees are entitled to 4 weeks paid annual leave, with leave loading where applicable.
Employees accrue 10 days personal/carer's leave per year for illness or caring responsibilities.
Managing employee costs and compliance in Australia can be complex, especially for international companies. SynkPay's Employer of Record (EOR) services simplify the process by handling all statutory obligations, payroll processing, and compliance requirements on your behalf. Learn more about our transparent pricing structure and explore our comprehensive EOR solutions.
We ensure 100% compliance with Australian employment laws, tax obligations, and reporting requirements.
No hidden fees or surprise costs. Our transparent pricing includes all statutory contributions and taxes.
Our Australian employment law experts handle all complexities, from onboarding to offboarding.
Get comprehensive EOR services with automatic compliance, payroll management, and local benefits.