Employer cost calculator Namibia

Hiring someone costs more than the salary on the contract. Enter the pay package and see the monthly and yearly cost to your business.

The calculator adds the employer's Social Security contribution and, if your payroll is large enough, the Vocational Education and Training levy.

How it's calculated

Employer Social Security: 0.9% of the basic salary, counting at most N$12,500 a month.
VET levy: 1% of salary and allowances, if your yearly payroll is N$1,000,000 or more.
Add any pension or medical aid contribution you pay as employer.

An example

A basic salary of N$15,000 costs N$112.50 in employer Social Security and N$150 in VET levy, so N$15,262.50 a month in total.

Frequently asked questions

Who has to pay the VET levy?

The Namibia Training Authority says employers with a yearly payroll of N$1,000,000 or more pay 1% of payroll each month, unless they are exempt organisations.

When is the VET levy due?

It is paid monthly in arrears, on or before the 20th of the following month.

Is the Employees' Compensation Fund included?

No. The Employees' Compensation Fund assessment is billed to each employer separately, so add your own assessment on top.

Key terms

VET levy: Vocational Education and Training levy, paid to the National Training Fund run by the Namibia Training Authority.
ECF: Employees' Compensation Fund, which covers injuries and diseases at work.