Annual Salary:
The base salary offered to a full-time employee.
National Insurance:
Employers must contribute to National Insurance, increasing the total employment cost.
Agency Fee %:
Recruitment fees if hiring through an agency.
Pension %:
Minimum employer pension contributions required by law.
Apprenticeship Levy:
Applicable for companies with an annual payroll exceeding £3 million.
Employee Benefits:
Costs related to health insurance, life insurance, gym memberships, and other perks.
NI and Apprenticeship Levy on Employee Bonus:
NI and Apprenticeship Levy on Employee Bonus: Additional costs incurred when offering bonuses.
Travel Costs:
Commuting allowances, business travel expenses, or mileage reimbursements.
Other Costs (Screening, Compliance, etc.):
Background checks, training, and compliance-related expenses.