Employee Cost Calculator
See the real annual, monthly, and hourly cost of an employee — salary plus employer costs.
Inputs
$
Base salary before employer costs
FICA, payroll tax, benefits, insurance
40 hours x 52 weeks = 2,080
Results
Total annual cost
$75,000.00
Monthly cost
$6,250.00
Hourly cost
$36.06
About this tool
Enter the base salary, employer tax and benefits load, and annual work hours to get the true annual, monthly, and hourly cost of employment. Runs locally.
How to use
- 1Enter the employee's base annual salary.
- 2Enter your employer tax and benefits percentage (25% is a sensible default) and annual work hours (2,080 for full-time).
- 3Read the highlighted total annual cost, plus the monthly and hourly equivalents for budgeting and rate comparisons.
Frequently asked questions
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