Panama Employer Payroll Cost Calculator
Free Panama employer payroll cost calculator with country-specific defaults and clear step-by-step results.
About Panama Employer Payroll Cost Calculator
Shows the full monthly and annual cost of an employee, adding employer-paid contributions (pension, insurance, social charges) to the gross salary.
Formula
Formula
Employer cost = gross salary × (1 + employer contribution rate)
Contribution rates vary by Panama jurisdiction and plan — enter the rate that applies to you.
Frequently Asked Questions
How does this calculator work?
Shows the full monthly and annual cost of an employee, adding employer-paid contributions (pension, insurance, social charges) to the gross salary.
Are the figures specific to Panama?
Hiring budgets must cover more than gross pay — employer contributions can add a substantial percentage.
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Panama specifics
- Currency
- PAB
- Region
- North America
- Country code
- PA
- Amounts look like
- PAB 1,234,567.89
- Dates look like
- Mar 9, 2026
- Units
- metricWeek starts Sunday
Results on this page are expressed in PAB. Figures are estimates for general planning — confirm current rates and thresholds with the relevant Panama authority before relying on them.