Hiring in Spain through an Employer of Record
A Spanish employer pays social security for common contingencies on top of salary, set each year by the Seguridad Social.
Employing someone in Spain through an Employer of Record costs their salary, plus 23.6 percent common contingencies, plus the vendor's own monthly fee, the lowest published being from $199 from RemoFirst. The charges were read from seg-social.es, last on .
What does an employer pay on top of salary in Spain?
- 23.6% Common contingencies
Each charge, and what it is for
- Common contingencies: 23.6 percent of the contribution base, the employer share.
- Minimum wage: €1,221 a month for full-time work, paid fourteen times a year rather than twelve.
This figure is in EUR, and the calculator below works in US dollars, so it does not apply it. Converting would need an exchange rate this site has not sourced.
This applies up to a monthly contribution ceiling. Unemployment, the wage guarantee fund, training and accident premiums are left out, so the real cost is higher.
What does one employee in Spain cost a year?
Salary plus the charges above plus the vendor's published monthly fee, for twelve months. "At least" marks a vendor whose published fee is a starting price. Not included: benefits and currency conversion fees.
Vendor fees used
Atlas HXM from $599, Deel from $599, G-P from $599, Multiplier from $459, Oyster $699, Pebl (Velocity Global) $399, RemoFirst from $199, Remote from $599, Remundo from $498, Rivermate from $349, Skuad from $199, Slasify from $250, Teamed from $599. Not published: Rippling.
Where these numbers come from
- Common contingencies on seg-social.es read
- Each vendor's own pricing page, linked from its name above.