Compare the total net income and withholding obligations of operating as an independent foreign contractor versus a local full-time employee.
Remote workers often choose between being hired as a direct contractor or through an EOR (Employer of Record) as a local full-time employee. Contractors get a higher gross payout but zero benefits and heavy self-employment taxes, while employees get deductions up-front. This tool highlights the net difference.
Input the offered compensation and your estimated tax rate. The tool balances corporate benefits, local social security matchings (typically 7-10% for employees vs 15%+ self-employment tax for contractors) to reveal your true net worth under each layout.
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