Total employee costs include benefits and compliance.
Penbrothers charges a fixed management fee every month per employee on top of these benefits and mandatories.
This online salary calculator helps businesses estimate potential savings by comparing employee costs in the Philippines to local hires. Simply select the job roles and location, and the calculator automatically estimates potential savings through offshore staffing. This user-friendly tool offers valuable insights into the financial benefits of offshoring, enabling informed decisions about staffing strategies to optimize cost efficiencies.
To calculate labor costs and assess savings using the salary calculator, follow these simple steps:
1. Select the job role you're considering offshoring. You may choose as many roles as possible at once.
2. Choose your business location (e.g., Australia, United Kingdom, etc.).
3. Click “Generate Results.”
4. Review estimated costs for local versus offshore hires.
5. Compare the offshore to local costs to understand potential savings.
6. Use the insights to decide on your staffing strategy.
You can modify parameters for different scenarios to find the best option for your business. Take note of these:
1. By default, the calculator generates the annual figures. To view the monthly costs, select the Monthly Salary option.
2. Select the seniority level per role (Junior/Middle/Senior). The cost estimates will change accordingly.
If you don't see the specific role you're looking for, don't worry! We understand that every organization has unique needs. Please contact our support team, and we'll discuss your requirements in detail. We’ll find solutions tailored to your specific needs, so don't hesitate to reach out. We'll help you find the perfect fit for your organization's needs.
We strive to offer offshore staffing services worldwide. If your country isn’t listed, please reach out to us. Our offshore staffing solutions are flexible, and we're committed to accommodating clients in various locations. We'll work with you to understand your requirements and explore how we can find the right staffing solutions for you, regardless of your location.
The lower cost of hiring in the Philippines doesn’t indicate lower skill or qualification levels. The country boasts a highly educated and skilled workforce across various fields like IT, finance, customer service, and administrative support. Competitive pricing for offshore staffing services is a result of low cost of living and government incentives, rather than a reflection of the quality of work. Many businesses worldwide offshore staff to the Philippines for cost savings and access to a talented pool of professionals capable of delivering high-quality work.
Hiring offshore workers offers several benefits beyond cost savings, including access to a highly skilled talent pool, the ability to operate across multiple time zones, and the opportunity to scale your workforce quickly and flexibly. Additionally, it can lead to increased diversity within your team, which can enhance creativity, innovation, and problem-solving capabilities. Read more about why the Philippines is the best place to build an exceptional remote team.
While offshore staffing can be cost-effective, hidden expenses like recruitment fees, legal compliance, and quality control can emerge. To mitigate these, conduct thorough due diligence when selecting an offshore staffing provider, clearly define the scope of work and expectations upfront, and ensure transparent communication about all costs involved. A detailed contract can also help avoid unexpected expenses down the line. At Penbrothers, we offer transparent pricing plans—free from hidden charges. For transparency, we provide our clients with full access to the cost structure, including salaries and operational expenses.
To manage exchange rate fluctuations, consider setting up fixed-rate contracts in your home currency for the predictability of expenses. Keep a buffer in your budget and regularly review and adjust financial forecasts. Some companies also use financial instruments like forward contracts to hedge against currency risk.
We welcome payments via wire transfer from clients globally. For those based in the Philippines, we accept cash, check, and wire transfer payments.
Let’s move forward! Get in touch through our website's contact form. Once we hear from you, we'll schedule a free consultation to discuss your specific needs and how we can best assist you. We'll support you throughout the process of partnering with us.
What started as a partnership for only 1 talent, Tiney's team in Penbrothers grew to include various roles from different departments - enabling them to expedite their operations.
By hiring dedicated, full-time team members, Penbrothers has helped Rock Solid achieve cost savings, flexibility, and business agility.
TalentLaunch, experiencing slow hiring during its rapid expansion, turned to offshore staffing with Penbrothers. This partnership led to swift recruitment, enabling TalentLaunch to scale efficiently and trim expenses.
