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The true employer cost of a hire is 25–40% above salary alone once payroll taxes, benefits, pension, training, and office overhead are included.
공식
단계별 가이드
- 1True cost = Salary × (1 + overhead factor)
- 2Employer payroll taxes (NI/SS): ~6–8% of salary
- 3Health insurance contribution: ~8–12%
- 4Pension, training, equipment, office: another 10–15%
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What is Employee Cost?
The true employer cost of a hire is 25–40% above salary alone once payroll taxes, benefits, pension, training, and office overhead are included. Use this calculator for accurate, instant results.
How accurate is the Employee Cost calculator?
The calculator uses the standard published formula for employee cost. Results are accurate to the precision of the inputs you provide. For financial, medical, or legal decisions, always verify with a qualified professional.
What units does the Employee Cost calculator use?
This calculator works with inches, percentages. You can enter values in the units shown — the calculator handles all conversions internally.
What formula does the Employee Cost calculator use?
The core formula is: True cost = Salary × (1 + overhead factor). Each step in the calculation is shown so you can verify the result manually.
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