Estimated payroll costs for employers in Pakistan
||Ranges from 5% to 6.5% of employee gross salary based on wage levels. (Capped at PKR 1200 per month)
|Employee Provident Fund (EPF)
||10% of employee gross salary capped at PKR 1500 per month.
|Employee Old-age Benefits Institution (EOBI)
||5% of employee gross salary capped at PKR 1050 per month.
|Gratuity pay (Paid to employees only after they leave the company. Mandatory in certain provinces and optional in rest of the country)
||30 days of gross pay every year. Approx. 8.3% of employee gross salary.
|Employer health insurance contribution
||50% of the total health insurance cost for the employee and his/her dependents.
*Please note that any overage fee collected as part of the employer payroll costs will be refunded to the customer by Global Squirrels upon an employee’s termination of employment.