Cost Comparison

Cost Savings Comparison: Accounting Process
Outsourcing (Offshoring) provides significant cost savings compared to existing onshore operations.

All figures in USD

Bookkeeper/Jr. Accountant US. Employee India Cost
Annual Salary 40000 19000
Payroll Taxes (8%) 3200
Overhead Costs (10%) 4000
Total Cost 47200 18000
Senior Accountant US. Employee India Cost
Annual Salary 60000 29500
Payroll Taxes (8%) 4800
Overhead Costs (10%) 6000
Total Cost 70800 29500
Financial Analyst US. Employee India Cost
Annual Salary 72000 37000
Payroll Taxes (8%) 5760
Overhead Costs (10%) 7200
Total Cost 84960 37000


  1. Employee benefit costs in US not included in the comparison.
  2. Overhead cost includes cost of leasing computer hardware and maintenance related, software like accounting package licenses, training, floor space and electricity among others.
  3. Offshore cost are only estimates; includes wages, infrastructure, training and technology cost.
  4. US Salary figures are average figures.