Employee Cost Calculator

Turn a salary into the fully loaded cost of an employee: employer taxes, pension, benefits, equipment and overhead. The result updates as you type so you can compare scenarios quickly.

The method

How it is worked out

Cost = salary × (1 + bonus) + employer taxes + pension + benefits + equipment + recruiting ÷ 3
employer taxes
UK NI 15% above £5,000; US FICA 7.65% plus unemployment; Canada CPP + EI; Australia 12% super plus state payroll tax

Keep in mind

What it leaves out

  • Management timeOnboarding and supervision are real but not priced.
  • ThresholdsCaps and thresholds are approximate and change yearly.

Use the calculator to compare scenarios rather than as a guaranteed forecast.

About the Employee Cost Calculator

Turn a salary into the fully loaded cost of a hire, including employer taxes, pension, benefits, equipment and recruiting, by country.

How it works and an example to tryShow less

How to use the result

Salary plus bonus is taxed at the employer rate for the country (UK National Insurance, US FICA, Canadian CPP and EI, Australian superannuation and payroll tax), then pension, benefits, equipment and a third of recruiting cost are added.

Example to try

A $70,000 US salary with a 5% bonus, 4% match, $6,000 of benefits, $4,500 of kit and $9,000 to recruit costs about $97,000 a year, a 39% load.

Put it to work

Try it on a real situation

Load an example

What moves the result most

    Worked out from your figures above. Tap a row to try it.

    Who uses it, and when

    Founders building a runway model, hiring managers and finance teams budgeting headcount.

    Mistakes worth avoiding

    • Budgeting salary alone and running out of runway early.
    • Forgetting equipment refresh and software seats.
    • Treating recruiting fees as a one-off when turnover repeats them.

    Questions

    What does the Employee Cost Calculator do?

    Turn a salary into the fully loaded cost of an employee: employer taxes, pension, benefits, equipment and overhead.

    How should I use the result?

    Salary plus bonus is taxed at the employer rate for the country (UK National Insurance, US FICA, Canadian CPP and EI, Australian superannuation and payroll tax), then pension, benefits, equipment and a third of recruiting cost are added.

    Does TechBullion store the information I enter?

    The core calculation or transformation runs in your browser. Normal website security and analytics may still record page-level events, but the tool does not need to create a public record from your inputs.

    What mistakes do people make with an employee cost calculator?

    Budgeting salary alone and running out of runway early. Forgetting equipment refresh and software seats. Treating recruiting fees as a one-off when turnover repeats them.

    Is the result guaranteed?

    No. Use the result as a practical check or planning aid and verify important decisions with the relevant primary source, provider or professional advice.

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