Employer Payroll Cost Calculator
Total Employer Cost Per Employee
Calculate the full cost of employing someone including taxes and benefits
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Formula
Total Cost = Salary + SS (6.2%) + Medicare (1.45%) + FUTA (0.6%) + SUTA + Benefits
Frequently Asked Questions
What payroll taxes does an employer pay?
Employers pay 6.2% Social Security (on first $168,600), 1.45% Medicare, 0.6% FUTA (on first $7,000), and state unemployment tax (SUTA, varies by state). Total employer payroll taxes are typically about 8-10% of salary.
How much more does an employee cost beyond salary?
Including payroll taxes, health insurance, retirement contributions, and other benefits, an employee typically costs 1.25x to 1.4x their base salary. For a $75,000 salary, the true cost is usually $94,000 to $105,000.
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