Contractor vs employee calculator
Compare the cost of engaging someone as a contractor versus an employee through an EOR, with the country's misclassification notes.
| Option | Estimated annual cost | What you get |
|---|---|---|
| Contractor | $69,588 | Cheapest on paper. No statutory benefits; reclassification risk in Nigeria if the relationship looks like employment. |
| Employee via EOR | $73,788 – $74,388 | Local contract, statutory benefits and payroll compliance handled by the EOR. |
Nigeria contractor risk: Contractors are widely used for remote work. Misclassification risk is moderate; payments to foreign contractors may raise withholding-tax and FX issues. Seek local advice. Not legal advice.
Want to hire this person in Nigeria?
Not professional advice. Rates, rules and prices change often. Figures here are researched estimates from the sources listed; anything marked “unverified” needs checking with the provider or a local adviser before you rely on it.