True cost of a sales hire in Malta: the number after salary
Salary is the number you know. This adds the ones you forget.
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Estimates for Malta. Employer social security is ten percent of basic pay, capped. Ramp-up counts the new hire as half-productive for those months. Leave, sickness and notice are not counted.
Gross salary€1,900
Employer social security (10%, capped)€190
Statutory bonuses€135
Phone, laptop, software€120
Recruitment, spread over a year€125
Ramp-up, spread over a year€238
True cost, a month€2,708
€32,490 a year · about €16 an hour
How to use it
- 01Gross salary.
- 02Recruitment cost and ramp-up months.
- 03Phone, laptop, software.
Why it matters
What is in the number
Ten percent employer contributions, bonuses, tools, recruitment, three months of ramp-up. Then: one person, forty hours, who sometimes leaves.