Contractor Versus Employee Take-Home Comparison
Contractor Versus Employee Take-Home Comparison: a planned Super Calculator tool. Stub page: the tool, its formula and a worked example are not published yet.
Contractor Versus Employee Take-Home Comparison is a planned calculator in the business section of Super Calculator, covering freelance and work.
What this calculator will compute
Inputs: salary offer (currency), employer pension (%), benefit value (currency), day rate (currency/d), billable days (d), business expenses (currency) and jurisdiction (code).
Outputs: employee net (currency/yr), contractor net (currency/yr), break-even day rate (currency/d) and difference (currency).
Formula, recorded as scope and not yet verified against a primary source: Compare net position of an employment offer against a contract offer: employee side is gross salary net of payroll tax plus employer pension and benefit value; contractor side is day rate times billable days net of business expenses, self-employment or corporate tax, unpaid leave and self-funded benefits.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.