Employee Cost Calculator

Accurately Estimate Hiring Costs with Ease

Plan your upfront costs, monthly budget, and first-year expenses with this free tool.

Want to learn more? Check out our complete guide to: How much will it cost to hire an employee?

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FAQs

What inputs do I need?

Base salary, employer NI rate, pension contribution, paid holidays, working days per year, and overheads as a percent or fixed annual amount.

Is this suitable for subcontractors?

It is designed for staff. For subcontractors, set labour rates in your estimate and include prelims, overheads and profit, and risk as separate allowances.

Does this include VAT?

Employee costs are typically outside the scope of VAT. Run this tool net of VAT unless you have a specific reason to include it.

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