True cost of an employee
Add payroll taxes, benefits and overhead to a base salary to see what a hire really costs.
$
8.0%
$
12%
True annual cost
$84,000
1.29× base salary
Monthly cost
$7,000
- Salary
- $65,000
- Payroll taxes
- $5,200
- Benefits
- $6,000
- Overhead
- $7,800
- Cost per working hour
- $45.65
How this is calculated
- · Overhead allocation is an estimate
- · No recruitment cost included
Estimates only — not financial, tax or legal advice.