eorcosts

Hiring in Israel through an Employer of Record

An Israeli employer pays National Insurance on top of salary, at a lower rate on the first part of pay and a higher rate above it.

On top of salary, the employer pays

This is a floor, not the full cost: major employer charges in Israel are left out, as explained below.

What the employer pays on top of salary in Israel

A lower rate applies to the first part of each month's pay, so this runs slightly high. The mandatory workplace pension and severance contributions are left out because no government page we could read states them.

Yearly cost of one employee in Israel, by vendor

Salary plus the charges above plus the vendor's published monthly fee, for twelve months. Not included: benefits and currency conversion fees.

Vendor fees used

Atlas HXM $599, Deel $599, G-P $599, Multiplier $459, Oyster $699, Pebl (Velocity Global) $399, RemoFirst $199, Remote $699, Skuad $199. Not published: Rippling.

Where these numbers come from