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What does a $120k hire actually cost you?

A $120K salary might look straightforward on paper. But once you factor in employer taxes, statutory benefits, payroll, and country-specific employment costs, the number can look pretty different.

And those costs can vary significantly depending on where your employee is based. Before you build your hiring budget, or make an offer, it helps to know the full picture.

Oyster’s Global Hiring Cost Calculator lets you compare employment costs across 120 countries and estimate what a hire could really cost your business.

{{current_date_full}} · FIELD NOTES

welcome to wop.

Hey {{first_name}}

What week.

I procured many a Pokemon card yesterday for the 30th Anniversary.

I’ve seen some incredible tech developments on the Indirect Procurement side of things at Pactum.

I just published a more raw personal story from my earlier days in procurement here (paid members only) -Just a huge shoutout to the paid subscribers to this newsletter. You really are the GOATs.

I was at Procurement & Supply Chain Live last week. It was a solid event tbf. One thing that stood out to me (especially as I’m on the vendor side), was the convergence of every solution. Everyone is a different flavour of the same procuretech trope.

How are you navigating this right now when thinking about deploying tech?

Huge thanks to all who have taken the survey for the State of Procurement in 2026. Pls take 3 mins and complete it, and you’ll be the first to get access to the findings and raw data insights.

I also wanted to share this ebook. It's something that I've been working on at Pactum, and it's just a nice introduction to what autonomous procurement is.

If any of you are interested in this, just check it out. It's a quick read, and then hit reply with any questions you have about it.

If you haven't gathered yet, I'm incredibly, incredibly bullish on autonomous procurement, especially autonomous procurement for indirect procurement teams. I think it's such an opportunity for us to become managers of agents, or, as I would say, digital workers who go off and do most of the work for you, but you completely stay in control. As you get into more and more complex work, they start to help you more and more, but you typically take the reins.

thanks for reading. See you next week as we gear up for the legendary DPW Amsterdam.

world of procurement.
 
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