Skip to content
The Internet Compass

Finance & Business

Payroll Cost Calculator

Base salary is rarely what an employee actually costs — payroll taxes and benefits typically add 25–35% on top. This computes the real number.

FreeNo sign-upRuns in your browser
$
%
%
Fully loaded annual cost
$123,168
Load factor over base salary
1.30×
Employer payroll tax
$7,268
Benefits & overhead
$20,900

How it works

  1. 1Enter base salary
  2. 2Set employer payroll tax and benefits load rates
  3. 3See the fully loaded annual cost

Who this is for

  • Budgeting a new headcount request
  • Comparing contractor vs employee true cost
  • Setting hiring plan budgets accurately