HR & Payroll
Employee Cost Calculator
Calculate the total cost of an employee including salary, taxes, and benefits.
Base Compensation
Annual Gross Salary
$
Base annual salary before taxes and deductions
Bonus / Commission
$
Annual bonus, commission, or performance pay
Employer Taxes & Contributions
Employer Tax Rate
%
Social Security, Medicare, unemployment tax (US FICA: 7.65%)
Benefits & Perks
Health Insurance
$
Employer contribution to health, dental, vision insurance
Retirement Plan (401k / Pension)
$
Employer match or contribution to retirement plans
Paid Time Off (PTO)
$
Cost of vacation, sick leave, and holidays
Other Benefits
$
Training, education, wellness, gym, commuter benefits
Total
100%
Total Employee Cost
$0
annual cost to employer
Base Compensation
$0
Employer Taxes
$0
Benefits & Perks
$0
Monthly Cost
$0
📊 Detailed Breakdown
| Category | Annual Amount | % of Total |
|---|
How the formula works
Total Cost = Base Salary + Bonus + Employer Taxes + Benefits + PTO + Other Benefits
- Base Compensation = Annual Salary + Bonus
- Employer Taxes = (Annual Salary + Bonus) × Employer Tax Rate / 100
- Benefits & Perks = Health Insurance + Retirement + PTO + Other Benefits
- Total Employee Cost = Base Compensation + Employer Taxes + Benefits & Perks
- Monthly Cost = Total Employee Cost ÷ 12