Skip to content
2xKit

Employee Cost Calculator

Calculate the true annual cost of an employee, including benefits, payroll tax and overhead.

Formula v1.0.0GlobalMethodologyemployee-cost-v1
How this is calculated
Total cost = Salary × (1 + benefits% + payroll tax% + overhead%)

About this calculator

Calculate the fully-loaded cost of an employee beyond base salary, adding benefits, employer payroll tax and overhead (equipment, office space, admin) to get the real annual and monthly cost to the business.

Worked example

$80,000 salary, 20% benefits, 8% payroll tax, 10% overhead

Result: Total annual cost ≈ $110,400 (1.38×)

Was this helpful?

Frequently asked questions