Employee Cost Calculator
| Employee Name: | |
|---|---|
| Date: | |
| Workweeks this year: | |
| Workdays each week: | |
| Workhours each day: | |
| Actual hours to be paid: | |
| Actual hours to be worked: | |
| NON-PRODUCTIVE TIME | Days | Total Hours | Cost/Year |
|---|---|---|---|
| Paid holidays: | |||
| Paid vacation days: | |||
| Other paid days off: | |||
| Office meeting hours/year: | |||
| Hours to attend education: | |||
| Other Non-Productive Hours: | |||
| Total | |||
| EXPENSE | RATE | Capped at | Cost/Yr | Cost/Hr Worked |
|---|---|---|---|---|
| Basic Hourly Wage: | ||||
| Social Security: | ||||
| Medicare: | ||||
| State Unemployment Tax: | ||||
| Federal Unemployment Tax: | ||||
| Workers Compensation: | ||||
| Liability Insurance: | ||||
| Total | ||||
| BENEFITS | Cost/Yr | Cost/Hr Worked |
|---|---|---|
| Medical Benefits/Insurance | ||
| Education Fees | ||
| Other Benefits | ||
| Total |
| OTHER EXPENSES | Cost/Yr | Cost/Hr Worked |
|---|---|---|
| Total |
| TOTAL HARD COST OF LABOR PER HOUR | |
|---|---|
| TOTAL BURDENED COST OF LABOR TO EMPLOYER THIS YEAR: Based on hours to be paid |
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| YEARLY INCOME OF EMPLOYEE FOR HOURS ACTUALLY WORKED: Based on hours actually worked |
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| YEARLY INCOME OF EMPLOYEE FOR NON-PRODUCTIVE HOURS: Based on hours paid to employee for time not producing income |
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| TOTAL YEARLY INCOME OF EMPLOYEE: Based on total hours to be paid |
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| VALUE OF EMPLOYEE BENEFITS THIS YEAR: Based on employer paid benefits |
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| TOTAL EMPLOYEE COMPENSATION AND BENEFITS THIS YEAR: Based on total yearly income paid by employer plus cost of benefits paid by employer |