Free Employee Hourly Cost Calculator Screenshot

Excel Labor Cost Calculator automatically figures employee hourly cost for both hourly and salaried employees. Add in all the taxes, benefits, workers compensation, and any other associated Employer Costs, and your actual hourly cost is displayed. Our Excel based program is easy to use. Just enter the Salary or Hourly amount, company paid benefits, insurance, paid time off, and any other employee-related costs, and the hourly cost is displayed. This worksheet included both taxable, and non-taxable options. Hourly Cost are displayed in real-time, so you can see exactly what those paid 5 days off, or exactly what that paid health insurance costs you on an hourly bases. Taxes are entered just once for the company, then automatically calculated for each employee. This program is completely free, so give it a try today.