Hiring in New Zealand through an Employer of Record
A New Zealand employer must contribute to an employee's KiwiSaver retirement savings on top of salary.
On top of salary, the employer pays
- 3.5% KiwiSaver, compulsory employer minimum
What the employer pays on top of salary in New Zealand
- KiwiSaver, compulsory employer minimum: 3.5 percent of gross salary or wages.
This applies to KiwiSaver members, and can be lower during a temporary rate reduction. The ACC accident levy is charged per hundred dollars of earnings and varies by industry, so it is left out.
Yearly cost of one employee in New Zealand, 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
- KiwiSaver, compulsory employer minimum on ird.govt.nz read
- Each vendor's own pricing page, linked from its name above.