Business

Employee Cost Calculator

True cost of hiring beyond salary.

Enter your values

Results update instantly as you type — no submit needed.

Results
True annual cost
$91,650.00
Multiplier on salary
1.31×
Employer payroll tax
$6,650.00
Monthly cost
$7,637.50
Cost per working hour
$44.06

Quick answer

A typical employee costs 1.25–1.4× their base salary once payroll taxes, benefits and equipment are included.

How to use the Employee Cost Calculator

  1. 1Enter the base salary offered.
  2. 2Add employer payroll tax percentage.
  3. 3Add benefits and overhead per year.

Frequently asked questions

What is the usual multiplier?

1.25–1.4× salary for most roles in the US.

Do contractors cost less?

Their hourly rate is higher but you skip payroll tax, benefits and often overhead.