Wages are just the beginning.Employees come with hidden costs—like benefits, time off, and more.
Use our calculator to see what they really cost your business.
Taxes vary by state. Tell us where you do business so we can accurately calculate your costs.
This calculation assumes that both the employee and the employer are within the same state. New employer rates for unemployment insurance tax not included.
*The estimated employee cost does not take into account brokerage or record keeping fees.
Employer contribution, per year:In 2023, the average annual premiums for employer-sponsored health insurance are $8,435 for single coverage and $23,968 for family coverage, according to KFF polling.
These could include paid time off, vacation days, sick days, parental leave, a health savings account, bonuses, profit-sharing, a new laptop, a desk, clothing with the business logo, gifts, etc.
Denver, CO 80202
United States
