Labor Cost Calculator
Calculate the true, fully-loaded cost of your workforce — including wages, payroll taxes, benefits, PTO, and admin overhead — broken down to the per-employee level.
Free ToolNo account requiredData stays in your browserUpdated: Jan 2024
Full-time and part-time employee counts and wages
$
$
40
3060
20
430
wks
Enter your workforce data to see results
Start with number of employees and their hourly wages
Methodology: Payroll tax rates from IRS Publication 15 (2024). Benefits benchmarks from KFF 2023 Employer Health Benefits Survey. Workers' compensation rates from NCCI. PTO and absence data from BLS National Compensation Survey 2023. Training cost benchmarks from SHRM 2023 Learning & Development Report. All inputs are editable to match your actual figures.Learn more