Your Savings - The Bottom Line
The following are examples of what a typical firm would pay to utilize the services of a full - time U.S. professional versus a full - time IFR professional.
| BOOKKEEPER/JR. ACCOUNTANT |
U.S. EMPLOYEE |
IFR |
| ANNUAL SALARY |
$38,000 |
$11,900 |
| PAYROLL TAXES(8%) |
$3,400 |
None |
| EMPLOYEE BENEFITS (20%) |
$7,600 |
None |
| *PAYROLL OVERHEAD(10%) |
$3,800 |
None |
| THE BOTTOM LINE |
$52,800 |
$11,900 |
|
| SENIOR ACCOUNTANT |
U.S. EMPLOYEE |
IFR |
| ANNUAL SALARY |
$75,000 |
$26,400 |
| PAYROLL TAXES(8%) |
$
6,000 |
None |
| EMPLOYEE BENEFITS (20%) |
$
15,000 |
None |
| *PAYROLL OVERHEAD(10%) |
$
7,500 |
None |
| THE BOTTOM LINE |
$103,500 |
$26,400 |
|
*Payroll overhead includes such costs as computer hardware and maintenance, floor space, training,etc.
|
