your USA Comparison,
vs. equivalent LATAM hires.

GBP → USD Rate Used to convert all pound values to dollars. Update this to today's live rate for accurate USD figures.

Employer FICA (7.65%) Covers Social Security (6.2%) and Medicare (1.45%). Social Security applies up to the $160,200 wage base (2024). Medicare applies to all earnings.

401k Match (3%) + Health Insurance A typical employer 401k match of 3% is applied to the full salary. Health insurance is added as a monthly per-employee cost (default $500/mo). Both are fully configurable in the Assumptions box.

US thresholds and rates are set by the IRS and SSA, reviewed annually. Figures apply for the 2024 tax year. State taxes (SUTA etc.) are not included.