Start simulation
Access the tool as follows:
1.Go to Employees and click on the relevant employee.
Note: You must always start with an employee with a similar status to that of the employee you wish to simulate. This is not necessary for students.
2.Select Simulate salary under Actions.
The tool will now open. Thedetails of the selected contract will be filled in automatically.
There is a red asterisk next to the fields that must be filled in.
You can choose between a Gross → Net or a Net → Gross simulation using the orange buttons at the bottom.
Three data field boxes are open: Personal details and family, Contract, Salary. You can also enter Benefits (optional) at the bottom.
Benefits are optional, which is why they are not pre-completed for the contract.
If you wish to receive a calculation of the total wage cost for your company (if you hire a new employee, give an employee a wage increase, etc.),tick Yes, run a simulation including wage cost at the top.
You can choose between a Gross → Wage cost simulation or a Wage cost → Gross simulation using the orange buttons at the bottom.
A Wage cost → Gross simulation shows which gross wage for the employee corresponds to the total annual wage cost to be paid by the employer;
The Employer and Target group reduction fields appear at the bottom.
For a Wage cost → Gross simulation, enter the annual wage.
3.Once you have filled in the necessary data, click on the orange button at the bottom to perform the desired simulation.
Click the Clear changes button to delete all the changes you have made and display the data you initially accessed.
4.You will now see the result of your calculation.
By default, the simulation type will appear as the title at the top of the tab of your simulation. You can change this title by hovering over it and clicking on the pencil. This is useful if you wish to make several simulations of the same type but with different parameters. Examples: a Gross → Net simulation for full-time and part-time employment, Gross → Net simulations with a different salary each time.
The custom name is exported to Excel (via Export). This enables you to immediately see the different simulations that you have.
You can export the results, print them or delete them.
More information
How does the wage simulator calculate the annual wage cost?
For a blue-collar worker
Formula for the annual wage cost of a blue-collar worker = factor 1 + factor 2 + factor 3 + factor 4
Factor 1
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Gross annual wage
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The gross annual wage is calculated as follows:
((monthly remuneration x 3)/13) x 48 + Year-end bonus (if applicable)
Monthly remuneration = monthly pay + bonus per payment period + commission + bicycle allowance charged to employer.
Year-end bonus (if applicable): No year-end bonus is included in the calculation for employees who fall under joint industrial committees for whom no year-end bonus has been provided.
Comments
If the employee has an hourly wage, this hourly wage is converted to a monthly wage:
Hourly wage x hours per week x 13/3.
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Factor 2
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Holiday pay
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Gross annual salary x 1.08 x 0.1027 (10.27% is the annual employer contribution)
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Factor 3
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Employer’s contributions
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Gross annual salary x % NSSO x 1.08 + other employer’s contributions if applicable.
Employer's contributions which may apply:
•employer’s contribution % on group insurance •employer’s contribution to meal vouchers •contribution to social security fund •contribution to sectoral pension fund |
Factor 4
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Other wage costs x 12
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Season ticket allowance + reimbursement + private season ticket allowance + bicycle allowance + CO2 tax + employer's contribution to group insurance – deductions from net
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For a white-collar worker
Formula for the annual wage cost of a white-collar worker = factor 1 + factor 2 + factor 3 + factor 4
Factor 1
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Gross annual wage
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The gross annual wage is calculated as follows:
(Wage costs x 12) + Holiday pay + Year-end bonus (if applicable)
Wage costs = Monthly remuneration + employer's contributions (see Factor 3) + other wage cost elements (see Factor 4).
Monthly remuneration = monthly pay + bonus per payment period + commission + bicycle allowance charged to employer.
Year-end bonus (if applicable): No year-end bonus is included in the calculation for employees who fall under joint industrial committees for whom no year-end bonus has been provided.
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Factor 2
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Holiday pay
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Monthly remuneration (see Factor 1) x 0.85 + Monthly remuneration x 0.07
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Factor 3
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Employer’s contributions
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Gross annual wage x % NSSO + other employer's contributions if applicable.
Employer's contributions which may apply:
•employer’s contribution % on group insurance •employer’s contribution to meal vouchers •contribution to social security fund •contribution to sectoral pension fund |
Factor 4
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Other wage costs x 12
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Season ticket allowance + reimbursement + private season ticket allowance + bicycle allowance + CO2 tax + employer's contribution to group insurance – deductions from net
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