The method
How it is worked out
- employer taxes
- UK NI 15% above £5,000; US FICA 7.65% plus unemployment; Canada CPP + EI; Australia 12% super plus state payroll tax
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
Keep in mind
Use the calculator to compare scenarios rather than as a guaranteed forecast.
Turn a salary into the fully loaded cost of a hire, including employer taxes, pension, benefits, equipment and recruiting, by country.
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.
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
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
Questions
Turn a salary into the fully loaded cost of an employee: employer taxes, pension, benefits, equipment and overhead.
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.
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.
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.
No. Use the result as a practical check or planning aid and verify important decisions with the relevant primary source, provider or professional advice.
Executive Insights
Results are estimates based on the figures entered, for general information only, and not financial, investment, tax or legal advice. See our terms of use.