A new hire costs far more than their salary once payroll taxes, workers' comp, and benefits are added. Enter a salary to see the fully-loaded annual cost before you commit.
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Employer taxes = Social Security 6.2%, Medicare 1.45%, FUTA, and an average state SUTA. Health, retirement, and equipment vary, add them as a benefits %.
Gross salary plus employer payroll taxes (Social Security, Medicare, FUTA, SUTA), workers' comp, and any benefits or overhead you add.
Employers match Social Security and Medicare and pay unemployment taxes that don't appear on an employee's paystub.
Sometimes, but misclassifying a worker carries real risk. We can help you decide correctly.
Only if you add it under the benefits percentage, those costs vary widely by plan.
These calculators provide rough estimates using current federal figures and general assumptions. They do not account for every credit, deduction, or your full situation, and they are not tax advice. For precise numbers, speak with a CPA.