Total cost of salary in Bulgaria calculator
About the Total cost of salary in Bulgaria calculator
On this page you can quickly calculate what the net and gross salary will be at entered amount of desired total cost. Additionally, you can see a breakdown of employee and employer insurance, the tax payable, and the total cost to the employer. The account is simplified to be a quick helper for business owners and their administrative departments.
Types of labor remuneration in Bulgaria
- Basic: This is the basic salary entered in the employment contract.
- Gross: This is the sum of the basic salary and the seniority allowance.
- Net: This is the desired net amount to be received (without any advance or other deductions from the net salary).
- Total employer expense: This amount includes the gross remuneration and insurance contributions at the expense of the employer.