What your staff really cost, line by line
Salaries are the headline. Pension, NSITF, ITF, HMO, group life, a thirteenth month, HR time and rehiring are the small print. Put in your team and compare in-house with Talentforge.
How we work out the numbers
Salaries. Your monthly gross for each role, times headcount. We do not include PAYE because it is deducted from the employee, not added to your cost.
Statutory costs. Employer pension, NSITF and ITF are the same whether you employ staff yourself or through us. We show them so the comparison is honest, and because many employers underestimate them.
Hidden costs. In-house, someone has to run HR: we count an HR officer from 15 staff, payroll software, and the cost of rehiring the people who leave each year at a typical agency fee.
Questions readers send in
Q.Is this a quote?
A. No. It is an estimate for planning. Our proposal follows a short call and a look at your current payroll.
Q.Why is pension at 70 percent of gross?
A. Pension is calculated on basic pay, housing and transport, which for most Nigerian pay structures is about 70 percent of gross.
Q.What if we already have an HR officer?
A. Many clients keep their HR officer and give them strategic work while we handle payroll and filings. Tell us on the call.
Q.Do you charge VAT?
A. Yes, VAT applies to our fees, not to salaries passed through.