Employee Cost Calculator 2026

Salary is only part of what an employee costs.
See your true total cost including taxes, benefits, PTO, and overhead.

2026 FICA, FUTA, SUTA rates · Employer burden · Cost per hour
Employee Details
Base Compensation
$
Benefits (Employer's Share)
$

US average: ~$7,200/yr employee-only, ~$20,576/yr family

$

Common: 3–6% of salary. $65K × 3% = $1,950

$
$
Time Off & Workers Comp

Paid vacation + sick days

%

Clerical ~0.3%, skilled trades 2–8%, construction 10%+

Overhead (Optional)
$
$

The True Cost of an Employee — What Most Business Owners Miss

A $65,000 salary offer costs you significantly more than $65,000. Before making your first hire, understand the full picture:

Mandatory Employer Taxes (2026)

  • Social Security (6.2%): Employer matches the employee's 6.2% on wages up to $176,100 — max $10,918.
  • Medicare (1.45%): No wage cap on the employer side. No additional Medicare surcharge for employers.
  • FUTA (0.6% net): Federal unemployment on the first $7,000 of wages. Most employers pay the net 0.6% after the state credit — just $42/employee/year.
  • SUTA: State unemployment tax varies significantly by state and your experience rating. New employer rates typically run 1–4%. An experienced employer with low turnover can drop to near 0.1%.

The PTO Cost People Forget

10 days of PTO for a $65,000/year employee is $65,000 ÷ 260 working days × 10 = $2,500 in paid non-productive time. Add 8–10 US federal holidays and it approaches $4,500 — before you've spent a dollar on benefits.

The Burden Rate Rule of Thumb

For US small businesses, expect employer burden rates of 20–30% above salary for a basic benefits package. Enterprise employers with rich benefits and significant overhead can see 40–50%.

Related: Employer Payroll Tax Calculator · 1099 vs W-2 Calculator · Payroll Cost Calculator

FAQ

Employee cost questions answered

How much does an employee actually cost?
Typically 1.25x–1.4x salary. A $60K employee often costs $75K–$84K when you include employer FICA (7.65%), FUTA, SUTA, workers comp, health insurance, and any retirement match. This calculator shows the exact breakdown for your situation.
What is employer FICA tax in 2026?
Employers match employee FICA: 6.2% Social Security on wages up to $176,100 + 1.45% Medicare on all wages = 7.65% total. Employers do not pay the 0.9% Additional Medicare Tax that high-earning employees pay.
What is FUTA tax?
FUTA is 6% on the first $7,000 of wages per employee, but most employers receive a 5.4% state credit, making the effective rate 0.6% — just $42 maximum per employee per year.
What does burden rate mean?
Burden rate = above-salary costs ÷ base salary. A $60K employee costing $78K total has a 30% burden rate. Most US small businesses run 20–40%.