Cost of an Employee

This calculator is provided by Provaliant so that you can estimate the true cost of an employee.

Compensation
Yearly salary of the employee:	$
Yearly bonus:	$
Value of stocks, options, matching 401k, commission, etc.:	%
Total Compensation:	$
Employer Paid Benefits
Number of vacation days per year:	days
Number of paid sick days:	days
Number of paid holidays days:	days
Benefits cost:	%

Payroll Tax Cost
FICA & Medicare:	%
Federal unemployment:	%
State unemployment:	%
Workers compensation:	%
Total Payroll Taxes:	%

Initial Hire Cost
Number of training hours for this employee:	hours
Training expenses:	$
Relocation cost ($):	$

Miscellaneous Cost
Yearly work hours available:	hours
Retention cost (%):	%
HR administration cost (%):	%
Management overhead (%):	%
Recruiting cost (%):	%
Average turnover rate %:	%
Unproductive rate%:	%
% of hires that do not meet expectations:	%
Opportunity cost per month:	$ /Month
Number of months the position will be empty:	Months



Total Annual Cost of Employee:	$
Maximum Productive Hours Available:
Actual Productive Hours:
Cost Per Hour of Productive Work:	$