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> The cost for fully remote employees is £9k pa I'm really surprised by such high figure. How was this clalculated?
by bitcharmer 4y ago
> The cost for fully remote employees is £9k pa
I'm really surprised by such high figure. How was this clalculated?
- lozenge 4y agoThey did say it includes taxes, maybe they are including a 3% pension contribution or even Employers' NI which can run to 12% of salary.
- blowski 4y agoThe taxes I mentioned are part of the cost of running an office - especially local government taxes ("rates" in UK parlance). The £9K figure _doesn't_ include taxes on individuals, such as NI and pension contributions. That comes from a different budget, and is typically an extra 25% on top of salary.
- benj111 4y ago25%? Employer NI contributions are ~1/2 that. What other taxes do employers inccur?
- blowski 4y agoI lumped a few costs onto that, which aren't taxes, but are tied to salary. Pension contributions, life insurance, health insurance, for example - these all come out of the same budget as national insurance contributions.
- blowski 4y agoI didn't personally calculate it, or see exactly how they came to it. But I know it included things that all employees need, whether remote or not, plus a few things specifically needed by remote employees. For example: * Laptop * Accounts like email, Slack * Entertainment (e.g. Christmas party) * HR (this covered specific HR services like payroll, not the whole thing) * IT support * Travel expenses * Home working budget * Training