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Business Calculators

Employee Cost Calculator

Work out the fully loaded cost of an employee including payroll taxes, benefits, equipment and overheads.

$
%
%
$/year
$/year
$/year

Total annual cost

$90,720

Monthly cost
$7,560.00
Loading above salary
33.4%
Effective hourly cost
$46.52
Cost components
SalaryTaxes & pensionBenefitsEquipment & overhead

How this calculator works

Total = salary + payroll taxes + retirement + benefits + equipment + overhead

loading
the percentage the extras add on top of base salary

Important considerations

  • Recruitment and onboarding costs are additional in the first year.
  • Productive hours are fewer than paid hours once leave is deducted.

Learn more

Terms used here

Frequently asked questions

What loading should I assume?

Between 25% and 40% above base salary is common, depending on benefits and location.

Disclaimer

Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.

Last reviewed 2026-08-01