Labor Cost Calculator
Calculate the total annual cost, hourly labor cost, and annual labor cost percentage for an employee.
Regular Pay
Regular hours worked per week
Specify the average number of regular hours worked by an employee in a week, including any paid time off. Do not include overtime hours.Regular hours worked per year
Specify the average number of regular hours worked by an employee in a year, including any paid time off. Do not include overtime hours.Overtime pay
Overtime hours worked per week
Specify the average number of overtime hours worked by an employee in a week.Overtime hours worked per year
Specify the average number of overtime hours worked by an employee in a year.Overtime pay rate
Additional costs
Annual employer-paid taxes
Enter the total amount of money you pay on taxes for the employee per year, such as Social Security and Medicare taxes.Annual employer-paid insurance premiums
Enter the total amount of money you pay toward insurance premiums for the employee per year.Annual employer-paid benefits
Enter the total amount of money you pay toward other employee benefits per year, such as professional learning stipends or 401K matching.Other indirect employee costs
Enter the total amount of money you pay toward other indirect expenses, such as office supplies, marketing costs, overhead costs, etc.Labor Cost Percentage
Total annual business revenue
Hours Worked Per Year
0 hours
Annual Regular Pay
$0.00
Annual Overtime Pay
$0.00
Total Annual Salary
$0.00
Additional Annual Costs
$0.00
Total Annual Costs
$0.00
Total Hourly Labor Cost
$0.00
Annual Labor Cost Percentage
0.00%