How much do your employees cost you?

The true employer cost of a full-time worker making $12hr is $15.81hr! 

See the example below:

Let's assume you (The Employer) pays for 

1. Employees breaks: (2.5 hours) per week. 
2. Vacation:  7 days (56 hours).
3. Paid Holidays: 5 Days (40 hours).

The image above includes Health and Dental Benefits. However, for this exercise let's not add any.

If you want to include benefits download the calculator and see how the cost per hour Increases!

Picture Above is the taxes that employers must pay per employee. Like,

1. Social Security
2. Medicare
3. FUTA 
4. SUTA 
5. Workers Comp

Also, you can add indirect expenses like supplies, tools, etc. 

Above is the breakdown of what it cost the employer to employ a worker! For this example, $15.81hr is the cost to the employer to employ this $12hr employee. And remember this does not include Health and Dental benefits that the employer must (contribute/pay) for there workers.

This calculator does not include the cost of marketing and recruiting expenses to find the employee!  Staffing and Temp Agencies can help limit these expenses and insurance exposures so that you can take your time in hiring the right employees as well.

If you want to run the numbers yourself to see what it costs your company download this for free in the link below.