Employee Benefits Cost Calculator
Salary & Annual Benefits (Employer Cost)
Enter the **annual** cost to the employer for each benefit, or the percentage of salary.
(Annual $)
(Annual $)
(Annual $)
(%)
(Annual $)
Enter EITHER percentage OR amount for Retirement Match. Amount takes priority if both are entered.
(%)
(Annual $)
Enter EITHER percentage OR amount for Social Security Tax. Amount takes priority if both are entered. Note: This often has a wage base limit not included in this calculation.
(%)
(Annual $)
Enter EITHER percentage OR amount for Medicare Tax. Amount takes priority if both are entered.
(Annual $)
Paid Time Off (PTO) Cost
Estimate the annual cost to the employer for paid time off (vacation, sick leave, holidays) for this employee.
A simple estimate can be (Annual Salary / ~2080 hours) * (Total Annual PTO Hours) OR (Annual Salary / ~260 days) * (Total Annual PTO Days).
(Annual $)
Other Annual Benefits (Employer Cost)
Add any other benefits not listed in the 'Salary & Standard Benefits' or 'PTO' tabs (e.g., life insurance, disability, tuition, parking, bonuses not included in salary). Enter the **annual** cost to the employer.
Calculation Results
Enter values in the tabs above and click Calculate.
No employer benefit costs entered.
'; } resultsHTML += 'Totals:
'; resultsHTML += `Total Annual Benefit Cost: ${formatCurrency(totalBenefitCost)}
`;
resultsHTML += `Total Annual Cost of Employment: ${formatCurrency(totalCostOfEmployment)}
`;
resultsHTML += `Benefit Cost as % of Salary: ${benefitPercentageOfSalary.toFixed(2)}%
`;
resultsSummaryDiv.innerHTML = resultsHTML + '