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Cost of hiring · South America

Cost of hiring in Peru in 2026

Estimated employer cost uplift in Peru typically falls in the 40-50% range above gross salary, driven by two mandatory gratificaciones (13th and 14th salary equivalents), EsSalud health contributions, CTS severance fund, and 30 days paid annual leave.

Example annual salary

$30,000

Example employer costs

$13,500

Total employer cost / year

$43,500

Cost breakdown

Gross annual salary$30,000
Employer costs$13,500
Total employer cost per year$43,500

What is included in employer costs

13th month salary$4,995
Social security & pensions$5,805
Other employer contributions$2,700

Key things to know

  • Estimated employer cost uplift: 40-50% above gross salary (illustrative; varies by sector, SCTR risk class, and whether EPS is used instead of EsSalud).
  • Key statutory costs: EsSalud health contribution (9% of remuneration), two mandatory gratificaciones in July and December (each equal to one monthly salary, adding ~16.67% annually), CTS severance fund deposits (~9.72% annually), and 30 calendar days paid vacation (~8.33%).
  • Employees under EsSalud receive an additional 9% EsSalud bonus on each gratificacion payment. SCTR occupational risk insurance (~0.5-2%) applies for employees in hazardous roles.
  • Always validate with local experts before signing contracts.

These numbers are directional estimates only. They do not constitute legal, tax, or payroll advice. Always confirm exact employer costs with a local advisor or payroll provider before making hiring decisions.

Compare Peru with other markets

See how employer contributions, 13th salary, and total hiring costs differ across other countries.

Frequently Asked Questions

Directionally, employer cost uplift in Peru is modeled at 40-50% above gross salary. At the illustrative $30,000 gross annual salary baseline used on this calculator, employer-side contributions round to about $13,500 and total employer cash cost to about $43,500. Peru has multiple mandatory employer cost layers: EsSalud health contributions (9%), two annual gratificaciones paid in July and December each equal to one full monthly salary (adding approximately 16.67% annually, plus an extra 9% EsSalud bonus on each), biannual CTS severance fund deposits (~9.72% annually), and 30 calendar days paid vacation (~8.33%). SCTR occupational risk insurance applies for employees in high-risk occupations. Together these put the total estimated employer cost uplift at roughly 40-50% above gross salary.

No. These are illustrative estimates only (directionally 40-50% uplift above gross salary for Peru in this model). For compliance and tax filings you must rely on licensed advisors or payroll providers.

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