Employee Benefits Cost Calculator

Salary & Annual Benefits (Employer Cost)

Employee's Annual Salary ($):

Enter the **annual** cost to the employer for each benefit, or the percentage of salary.

Health Insurance:

(Annual $)

Dental Insurance:

(Annual $)

Vision Insurance:

(Annual $)

Retirement Match (% of Salary):

(%)

Retirement Match (Annual $):

(Annual $)

Enter EITHER percentage OR amount for Retirement Match. Amount takes priority if both are entered.

Employer Social Security Tax (%):

(%)

Employer Social Security Tax (Annual $):

(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.

Employer Medicare Tax (%):

(%)

Employer Medicare Tax (Annual $):

(Annual $)

Enter EITHER percentage OR amount for Medicare Tax. Amount takes priority if both are entered.

Unemployment Tax (Annual $):

(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).

Estimated Annual PTO Cost ($):

(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.