Actual Employee Hourly Costs Calculator - Free Version

Employer Paid Taxes Tax Name Wage % Threshold Maximum Cost FICA (Med./SS) 6.20% $106,800.00 $6,621.60 Medicare 1.45% $0.00 FUTA 6.20% $7,000.00 $434.00 State/ Local Tax 1 $0.00 State/ Local Tax 2 $0.00 State/ Local Tax 3 $0.00 State/ Local Tax 4 $0.00 Workers Compensation Modifier: 1.00

Step 1 Enter all Employer Paid Taxes. These are the taxes

and rates you, as an employer, pay for your employees. This should not include the taxes that are withheld from the employees paychecks, as those are taxes paid by your individual employees. Also enter the Workers Compensation Modifier for your company (Check your agency for modifier #)

Create Up to 10 Emplo 7 Benefits Per Employ Immediate Download

Step 2 Enter all individual Employee pay, wages, benefits,

paid leave and workers compensation info in the tables below Total Annual Pay Workweek Hours: 40

Employee Name Pay Type John Smith Hourly

Amount $25.00

Pay Details Annually

Employer Paid Benefits

$52,000.00 Benefit Name Amount Health Insurance $100.00 Benefit #2 Benefit #3 Benefit #4 Benefit #5 Benefit #6 Benefit #7
Total Annual Employer Paid Benefits:

John Doe

Salary

$50,000.00

Salary Frequency: Annually

Workweek Hrs.: 40

$50,000.00 Benefit Name

Amount

Total Annual Employer Paid Benefits:

Employee Name

Hourly

Semi-Annually

Workweek Hrs.: 40

$0.00 Benefit Name

Amount

Total Annual Employer Paid Benefits:

Employee Name

Hourly

Annually

Workweek Hrs.: 40

$0.00 Benefit Name

Amount

Total Annual Employer Paid Benefits:

Employee Name

Hourly

Monthly

Workweek Hrs.: 40

$0.00 Benefit Name

Amount

Total Annual Employer Paid Benefits:

Employee Name

Hourly

Semi-Annually

Workweek Hrs.: 40

$0.00 Benefit Name

Amount

Total Annual Employer Paid Benefits:

Employee Name

Hourly

Semi-Annually

Workweek Hrs.: 40

$0.00 Benefit Name

Amount

Total Annual Employer Paid Benefits:

Employee Name

Hourly

Semi-Annually

Workweek Hrs.: 40

$0.00 Benefit Name

Amount

Total Annual Employer Paid Benefits:

Employee Name

Hourly

Semi-Annually

Workweek Hrs.: 40

$0.00 Benefit Name

Amount

Total Annual Employer Paid Benefits:

Employee Name

Hourly

Monthly

Workweek Hrs.: 40

$0.00 Benefit Name

Amount

Total Annual Employer Paid Benefits:

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Employer Paid Leave Annual Leave Type Hours Vacation 30 Sick 0 Holiday 0 Training 0 Employer Paid Taxes Annual Cost Tax Name FICA (Med./SS) $3,224.00 Medicare $754.00 FUTA $434.00 State/ Local Tax 1 $0.00 State/ Local Tax 2 $0.00 State/ Local Tax 3 $0.00 State/ Local Tax 4 $0.00
Taxable Total Taxes: TRUE

Employer Paid Benefits Frequency Bi-Weekly Total Annual $2,600.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Annual $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Workers Compensation Costs Empl. Work Comp. Amount Per $100.00 of Rate: $20.00

Actual Hourly Cost Actual Hourly

nual Employer Paid Benefits:

$2,600.00 Total Paid Leave Hrs:

30

$4,412.00 Total WC Costs:

$10,400.00

Frequency

Leave Type Vacation Sick Holiday Training

Annual Hours

Tax Name FICA (Med./SS) Medicare FUTA State/ Local Tax 1 State/ Local Tax 2 State/ Local Tax 3

Annual Cost $3,100.00 $725.00 $434.00 $0.00 $0.00 $0.00

Empl. Work Comp. Amount Per $100.00 of Rate:

$33.86 Actual Hourly

$0.00
$0.00 Total Paid Leave Hrs: 0

State/ Local Tax 4

Taxable TRUE Total Taxes:

$0.00
$4,259.00 Total WC Costs: $0.00

nual Employer Paid Benefits:

Frequency

Total Annual $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Annual $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Annual $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Leave Type Vacation Sick Holiday Training

Annual Hours

Tax Name FICA (Med./SS) Medicare FUTA State/ Local Tax 1 State/ Local Tax 2 State/ Local Tax 3 State/ Local Tax 4
0
Taxable TRUE Total Taxes:

Annual Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Annual Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Annual Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Empl. Work Comp. Amount Per $100.00 of Rate:

$26.09 Actual Hourly

nual Employer Paid Benefits:

$0.00 Total Paid Leave Hrs:

$0.00 Total WC Costs:

$0.00

Frequency

Leave Type Vacation Sick Holiday Training

Annual Hours

Tax Name FICA (Med./SS) Medicare FUTA State/ Local Tax 1 State/ Local Tax 2 State/ Local Tax 3 State/ Local Tax 4
0
Taxable TRUE Total Taxes:

Empl. Work Comp. Amount Per $100.00 of Rate:

$0.00 Actual Hourly

nual Employer Paid Benefits:

$0.00 Total Paid Leave Hrs:

$0.00 Total WC Costs:

$0.00

Frequency

Leave Type Vacation Sick Holiday Training

Annual Hours

Tax Name FICA (Med./SS) Medicare FUTA State/ Local Tax 1 State/ Local Tax 2 State/ Local Tax 3 State/ Local Tax 4
0
Taxable TRUE Total Taxes:

Empl. Work Comp. Amount Per $100.00 of Rate:

$0.00 Actual Hourly

nual Employer Paid Benefits:

$0.00 Total Paid Leave Hrs:

$0.00 Total WC Costs:

$0.00

$0.00

Frequency

Total Annual $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Annual $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Total Annual $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Leave Type Vacation Sick Holiday Training

Annual Hours

Tax Name FICA (Med./SS) Medicare FUTA State/ Local Tax 1 State/ Local Tax 2 State/ Local Tax 3 State/ Local Tax 4
0
Taxable Total Taxes: TRUE

Annual Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Annual Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Annual Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 Annual Cost $0.00

Empl. Work Comp. Amount Per $100.00 of Rate:

Actual Hourly

nual Employer Paid Benefits:

$0.00 Total Paid Leave Hrs:

$0.00 Total WC Costs:

$0.00

Frequency

Leave Type Vacation Sick Holiday Training

Annual Hours

Tax Name FICA (Med./SS) Medicare FUTA State/ Local Tax 1 State/ Local Tax 2 State/ Local Tax 3 State/ Local Tax 4
0
Taxable Total Taxes: TRUE

Empl. Work Comp. Amount Per $100.00 of Rate:

$0.00 Actual Hourly

nual Employer Paid Benefits:

$0.00 Total Paid Leave Hrs:

$0.00 Total WC Costs:

$0.00

Frequency

Leave Type Vacation Sick Holiday Training

Annual Hours

Tax Name FICA (Med./SS) Medicare FUTA State/ Local Tax 1 State/ Local Tax 2 State/ Local Tax 3 State/ Local Tax 4
0
TaxableTotal Taxes: TRUE

Empl. Work Comp. Amount Per $100.00 of Rate:

$0.00 Actual Hourly

nual Employer Paid Benefits:

$0.00 Total Paid Leave Hrs:

$0.00 Total WC Costs:

$0.00

Frequency

Total Annual Leave Type $0.00 Vacation

Annual Hours

Tax Name FICA (Med./SS)

Empl. Work Comp. Amount Per $100.00 of Rate:

$0.00 Actual Hourly

$0.00 Sick $0.00 Holiday $0.00 Training $0.00 $0.00 $0.00

$0.00 Total Paid Leave Hrs: 0

Medicare FUTA State/ Local Tax 1 State/ Local Tax 2 State/ Local Tax 3 State/ Local Tax 4
TaxableTotal Taxes: TRUE

$0.00 $0.00 $0.00 $0.00 $0.00 $0.00

$0.00 Total WC Costs: $0.00

nual Employer Paid Benefits:

Frequency

Total Annual $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Leave Type Vacation Sick Holiday Training

Annual Hours

Tax Name FICA (Med./SS) Medicare FUTA State/ Local Tax 1 State/ Local Tax 2 State/ Local Tax 3 State/ Local Tax 4
0
TaxableTotal Taxes: TRUE

Annual Cost $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00

Empl. Work Comp. Amount Per $100.00 of Rate:

$0.00 Actual Hourly

nual Employer Paid Benefits:

$0.00 Total Paid Leave Hrs:

$0.00 Total WC Costs:

$0.00

$0.00

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