Conversion from Permanent Employment to Contractor Rate Calculator |
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Frequency |
Monthly |
Yearly |
| Monthly Basic Salary |
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| Bonus |
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| Company Contribution towards medical aid |
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| Company Contribution towards Provident / Pension |
(Percent) |
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| Company Contribution towards Provident / Pension |
(Fixed) |
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| Company Contr. towards group life |
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| Comp. Contr. towards petrol card |
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| Comp. Contr. towards Administration fee |
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| Comp. Contr. towards Health Insurance |
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| Other |
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| Total Cost to Company |
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| working days (365-104-13-15-10-3) |
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| hours per day |
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| total hours worked |
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| Hourly rate |
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| Daily rate |
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| Plus : |
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| UIF & COIDA |
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| Skills Development Levies |
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| Statutory Provisions |
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| Management, Administration and Risk fee |
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| All Inclusive Hourly Rate |
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| All Inclusive Daily Rate |
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