Tool · Unbundling Calculator
Match the fee. Or undercut it. Either way, see your invoice.
Most EOR invoices are one line. Yours becomes six on Teamed. Plug in salary, country, and your current monthly bill — the calculator backs out salary, statutory, platform fee, and the residual that's almost certainly undisclosed FX markup.
What is my EOR provider charging me beyond salary, statutory, and the platform fee?
The residual after salary + statutory + the $599/month Fixed Rate platform fee (the headline matching Deel) is almost certainly undisclosed FX markup applied during salary conversion. Industry analysis puts that markup at 1.5–3% of converted salary. At a $190k average salary across 10 employees, the annual hit is around $38,000. Run your numbers below.
What is EOR invoice unbundling?
The process of decomposing a single-line monthly EOR invoice into its underlying components: gross salary, employer-side statutory contributions, platform fee, and any residual (typically FX markup applied during salary conversion). Most providers do not voluntarily disclose the residual; unbundling is a buyer-side reverse-engineering exercise that surfaces hidden cost. Teamed publishes all six lines on every invoice with a contractual FX-disclosure guarantee: 0% margin on the Fixed Rate (flat fee in your chosen currency), 2% disclosed against mid-market on the Regional Rate (cross-border only).
Verdict
Implied FX markup: 4.59%
Your invoice carries $360 per month above what salary + statutory + a $599 platform fee would explain. Most of that is almost certainly FX markup applied during salary conversion. Industry analysis puts undisclosed EOR FX markup at 1.5–3% — your number falls inside that band.
See the FX-disclosure gap explainedYour invoice, unbundled
| Line item | Monthly (USD) |
|---|---|
| Gross salary (converted) | $6,480 |
| Employer-side statutory (21.00%) | $1,361 |
| Platform fee (Teamed / Deel anchor) | $599 |
| Expected total | $8,440 |
| Your invoice | $8,800 |
| Residual = implied FX markup + hidden margin | $360 |
FX rates are illustrative reference rates as of 2026-04-28. Live mid-market rates move. Statutory percentages are mid-market employer-side averages and ignore age, salary band, and benefits-package adjustments. The output is a directional read, not a forensic audit. Bring your real invoice to a working session for the line-by-line breakdown.
Calculator assumptions
- Industry FX markup range
- 1.5%–3.0% (undisclosed)Source: Industry analysis; varies per provider; not contractually verified· verified 2026-05-06
- Teamed FX margin
- Fixed Rate: 0% (flat fee in chosen currency, no FX line). Regional Rate: 2% disclosed against mid-market reference, timestamped on every cross-border line (market average for undisclosed EOR FX: 2.3–3%).Source: Teamed FX disclosure policy· verified 2026-05-06
- Platform fee anchor (calculator)
- $599 / employee / month — Teamed Fixed Rate (USD), matching Deel's Standard headline. Same rate bills at £479 GBP when contracted in pounds.Source: Teamed + Deel headlines (2026-05)· verified 2026-05-06
- Saving at $190k avg salary, 10 employees
- ~$38,160 / year (estimated)Source: Teamed core claim — 1.5–3% FX markup, salary-weighted· verified 2026-05-06
Verify before you cite
- Calculator method
- Reverse-engineers a one-line EOR invoice into 4 lines: salary + employer statutory + platform fee + residualSource: Calculator design — see methodology below
- FX rate stamp
- Reference rates as of 2026-04-28; not real-timeSource: Static reference table; live rates move
- Residual interpretation
- Anything > $50/month above expected is most likely undisclosed FX markupSource: Industry analysis; statutory variance accounts for the noise floor
- Teamed claim
- Fixed Rate matches Deel's $599 USD headline (or £479 GBP) with no FX line at all — flat in your chosen currency. Regional Rate at £400 + 2% disclosed FX is available only for cross-border payroll. Total invoiced cost lower on every FX-exposed employee versus Deel's undisclosed FX terms.Source: Teamed FX disclosure policy — verified against teamed.global/pricing
How is this calculated?
- 1. Convert salary to USD.Annual local salary × reference FX rate for the country's currency.
- 2. Add employer-side statutory.Annual USD salary × country's employer statutory rate (mid-market average; OECD source).
- 3. Divide by 12. Monthly cost.
- 4. Add the platform fee.$599/month — Teamed Fixed Rate USD, matching Deel's Standard headline. The same rate bills at £479 GBP when contracted in pounds, with no FX margin sitting inside the fee on either currency.
- 5. Subtract the expected total from your invoice. The residual is the implied FX markup + any hidden vendor margin. If your provider charges a non-anchor platform fee, that lifts the residual proportionally.
Want this on your real invoice, line by line?
Bring three months of EOR invoices to a 30-minute working session. We'll map every line — salary, statutory, fees, FX — against the mid-market rate at the time of payment. You walk out with a written audit you can take to the board.
Book the audit sessionFrequently asked questions
How do I find out what FX markup my current EOR is charging me?
That's what the calculator above does. The math: take the local-currency salary on a cross-border payroll line, multiply by the mid-market reference rate (ECB or BoE, dated to the pay period) to get the USD/GBP equivalent. Apply the country's employer statutory rate. Add the $599 platform fee anchor (matches Deel Standard's headline). Subtract from what you were actually billed. The residual is the implied FX markup plus any non-anchor platform margin. Most providers don't disclose either; Teamed publishes the applied rate against the mid-market reference on every cross-border line.What's the typical undisclosed FX markup on an EOR invoice?
Industry analysis puts undisclosed EOR FX markup at 1.5% to 3% of converted salary. At a $190K average salary across 10 employees, that is roughly $28,500–$57,000 per year — cost that never appears on the invoice as a separate line item. Most providers structure FX as an undisclosed component of the bundled total. Teamed contractually guarantees zero markup on the Fixed Rate and 2% disclosed against the mid-market reference on the Regional Rate (cross-border only), with the applied rate timestamped on every invoice.How accurate is the calculator for my specific situation?
Directional, not forensic. The reference FX rates are static values dated 2026-04-28; live rates move. The statutory percentages are typical employer-side averages from OECD Taxing Wages data — they don't adjust for age caps (Germany and Singapore have statutory ceilings above certain thresholds), benefits richness (private health, supplementary pension, equity), or country-specific levies (apprenticeship, accident insurance variations by industry). The output gives you the implied gap so you know what to ask about; bring your real invoice and your specific salary mix to a 30-minute working session for the line-by-line breakdown.