Employee Cost Calculator
See your full employee cost, including wages, payroll taxes, benefits, workers' compensation, paid time off, and overhead. The calculator shows annual, monthly, and fully loaded hourly costs.
HR advisory, assessments, and operating tools for U.S. businesses
TrueStep HR tools
See what your workforce costs, compare staffing options, and build your workforce budget.
Answer four questions to see which tool fits, what it costs, and why it may help.
What you receive See the price and included files on each product page. Every purchase includes a full refund within 30 days. Request a refund at support@truestephr.com. What we cover
See your full employee cost, including wages, payroll taxes, benefits, workers' compensation, paid time off, and overhead. The calculator shows annual, monthly, and fully loaded hourly costs.
Find your burdened hourly labor rate using employer expenses and productive hours. The calculator also shows the multiplier on base pay for planning, pricing, and bids.
Estimate the cost of unplanned employee absences. Enter each department's headcount, pay, and absence days.
See each team's headcount needs based on annual workload and current staffing.
Plan the staffing needed to cover your shifts using required positions and time-off assumptions.
Compare recurring overtime costs with the total cost of an additional hire. Enter additional weekly hours, pay rates, benefits, and one-time hiring costs to see the difference.
Calculate your HR staffing ratio using employee and HR headcount. Compare it with a benchmark for organizations of your size and a target you choose, and see HR costs per employee.
Enter employee and manager headcount to calculate average direct reports per manager and estimate the cost of changes to your management structure.
Bring headcount planning, shift coverage, hiring versus overtime comparisons, and hourly labor costs into your next budget discussion.
The complete system includes 17 kits and four analytics packs covering hiring, onboarding, pay, performance, employee relations, and exits.
Compare four options for using agency workers or bringing them onto your payroll, based on your own costs and assumptions.
Compare three options: convert a temporary employee now, wait until the conversion fee is waived, or pay a placement fee. The workbook calculates the cost of each.
Keep your contingent workforce roster, costs, and key dates in one place. Review spending and see which upcoming dates need attention.
Compare staffing agency terms and costs using the included agreement, policy, agency scorecard, and referenced benchmarks to evaluate agency quotes.
Four workbooks cover labor burden, contingent worker costs, overtime versus a new hire, and headcount planning.
Track attendance consistently across your manufacturing team. The system includes an editable points policy, a tracker that excludes protected absences from points, and scripts for employee conversations.
Keep one attendance standard across crews. Review points by crew and foreman, including weather-related occurrences. Record missed mandatory jobsite starts separately.
Plan staffing coverage, track PTO, and record short-notice absences in one workbook. An attendance point tracker uses a rolling review period and discipline stages, with three planning worksheets for dental chair coverage.
Organize call-offs, coordinate available shift coverage, and prepare for recurring attendance conversations.
Use your pay rates and workforce size to calculate caregiver turnover costs, estimate annual expenses, and see potential savings at your chosen retention rate. Excel formulas are visible.
Plan dispatch coverage and on-call rotations during busy periods, with conversation scripts for recurring call-offs.
Model technician wages, spiffs, commissions, drive time, and the billed hours needed to support a raise.
Use your own rates to calculate the cost of an idle truck and employee turnover. Record departures and rank turnover reasons to identify retention priorities.
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