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 Singapore if the relationship looks like employment. |
| Employee via EOR | $67,338 โ $77,538 | Local contract, statutory benefits and payroll compliance handled by the EOR. |
Singapore contractor risk: Freelance and contractor arrangements are allowed; the 'contract for service' is judged by substance. Platform and freelancer protections exist; misclassification risk is low to moderate. Not legal advice.
Want to hire this person in Singapore?
Not professional advice. Rates, rules and prices change often. Figures here are researched estimates from the sources listed; anything marked โunverifiedโ needs checking with the provider or a local adviser before you rely on it.