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The Complete Guide to Employee Cost: How to Calculate the Cost of an Employee

Velocity Global

The following cost-of-living indices from Numbeo illustrate how much living costs vary by country (relative to New York City’s cost-of-living index of 100): Cost of Living + Rent Index by Country in 2023 2. If you want to build a distributed workforce, consider partnering with a global employer of record (EoR).

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