Cost-of-Hiring Calculator
Salary + statutory contributions + benefits + recruitment + onboarding = the true annual cost of every hire. No surprises.
Country / statutory regime
Compensation & costs
Gross monthly salary before deductions
Amortised over 2\u20133 years if preferred
Typical agency fee 12\u201320%. Set to 0 for direct hire.
True Annual Cost
RM85,642
True Monthly Cost
RM7,137
Effective Multiplier
1.43×
Annual cost breakdown
| Cost component | Annual | % of salary |
|---|---|---|
| Base salary | RM60,000 | 100.0% |
| Statutory contributions (MY) | RM9,642 | 16.1% |
| Benefits (health + transport) | RM3,000 | 5.0% |
| Equipment & workspace | RM3,000 | 5.0% |
| Recruitment fee | RM9,000 | 15.0% |
| Onboarding cost | RM1,000 | 1.7% |
| Total annual cost | RM85,642 | 1.43× |
Cost composition
Frequently Asked Questions
Understanding the real cost of hiring
🇲🇾 Malaysia — Employer contributions
Rates used in this calculation
12% if salary > RM 5,000
Capped at RM 5,000/month
Capped at RM 4,000/month
For companies with 10+ employees
Budget planning tips
- Add 20–30% on top of salary as a baseline for statutory + benefits in SEA markets
- Recruitment agency fees are one-time but significant — factor them into year-1 cost
- Equipment can be amortised over 2–3 years if you reuse hardware
- For contractors, remove statutory contributions but add invoice markup (15–25%)
Disclaimer: Contribution rates are indicative and may vary by employee age, salary band, and company size. Always verify with your local payroll provider or statutory authority.
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