Cameroon FCFA 30,000,000.00 Salary - Recruitment and Employment Costs Example
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Published on: 2023-04-19 10:46:30
Last modified: 2023-05-01 10:42:38
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Introduction
This page provides an example of the recruitment costs for a new member of staff employed and paying taxes in Cameroon in 2023. The calculations also provide an illustration of the ongoing costs of employment in 2023. This example of employment costs is for illustration only, you can use the True Cost of Employment in Cameroon calculator to refine the calculations to suit your own recruitment budget and business budget/overhead.
Cameroon Cost of Recruitment and Employment in 2023 Calculations
Snapshot: A new employee earning FCFA 30,000,000.00 in Cameroon in 2023 will cost a total of FCFA 37,707,505.00 for the first year of employment including recruitment and facilities costs. After this the operational cost of the employee will drop to FCFA 35,307,505.00 per annum.
The table below details the cost of recruitment and operational ongoing costs for an employee earning FCFA 30,000,000.00 in Cameroon in 2023. The calculation includes payroll deductions, for example pension and social security commitments for employers.
| Employee Salary | FCFA 30,000,000.00 | |||
| + | Employee Bonus | FCFA 2,000,000.00 | ||
| + | Payroll overhead | FCFA 75,000.00 | ||
| + | Payroll Costs (Social Security etc.) | FCFA 0.00 | ||
| = | Total Payroll Costs | FCFA 32,075,000.00 | ||
|---|---|---|---|---|
| Employer Pension Contribution | FCFA 0.00 | |||
| + | Private Healthcare | FCFA 105,000.00 | ||
| + | Company Car | FCFA 246,000.00 | ||
| + | Shares (% of Base Salary) | FCFA 5.00 | ||
| = | Total Employee Benefits Costs | FCFA 351,005.00 | ||
| Vacancy Advertising | FCFA 60,000.00 | |||
| + | Employee Referral | FCFA 0.00 | ||
| + | Travel and Accomodation | FCFA 75,000.00 | ||
| + | Relocation | FCFA 1,050,000.00 | ||
| + | External Recruitment Agency | FCFA 450,000.00 | ||
| + | Tertiary Payroll | FCFA 105,000.00 | ||
| + | Legal | FCFA 255,000.00 | ||
| + | Administration | FCFA 390,000.00 | ||
| = | Total Recruitment Costs | FCFA 2,400,000.00 | ||
| Office Setup | FCFA 2,250,000.00 | |||
| + | Office Running | FCFA 90,000.00 | ||
| + | Telecomms | FCFA 54,000.00 | ||
| + | Technology Resource | FCFA 127,500.00 | ||
| + | Line Manager | FCFA 360,000.00 | ||
| = | Total Facilities Costs | FCFA 2,881,500.00 | ||
| = | Total Recruitment and First Year Cost | FCFA 37,707,505.00 | ||
| = | Total Cost of Ongoing Employment | FCFA 35,307,505.00 |
Cameroon Employer Payroll Obligations in 2023 Calculations
The table below provides an example of the payroll obligations and cost in Cameroon for an emplyee earning FCFA 30,000,000.00 in 2023
| FCFA 30,000,000.00 | Annual Employee Salary in 2023 | |
| + | FCFA 2,000,000.00 | Annual Employee Bonus in 2023 |
| = | FCFA 32,000,000.00 | Cameroon: Total Cost of Employee in 2023 |
FCFA 30,000,000.00 Salary - Recruitment and employment costs examples for alternate tax years
Select an alternate tax year to see how the cost of employment for an employee earning FCFA 30,000,000.00 per annum in Cameroon has changed over time.
You can access more examples, find detailed instructions on how to calculate the cost of an employee in Cameroon here