True Cost of an Employee Calculator

User supplies taxes and statutory costs after checking applicable local rules.

User supplies taxes and statutory costs after checking applicable local rules.

Your workbenchInputs are not stored

Result

Enter your values and run the tool to see your result.

How to use this tool

Check the units, enter your values, and run the tool. Results follow the assumptions and method below.

Calculation method

Annual total employment costsalary+taxes+benefits+equipment
Average monthly cost(salary+taxes+benefits+equipment)/12

References