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Employee Cost Calculators

Payroll Cost Calculator

Total payroll cost for a team: gross wages, employer taxes and benefits per pay period and per year.

Also known as total payroll, payroll expense, employer payroll.

Enter values

Results update as you type.

Result

Annual payroll cost

$786,240.00

Per pay period
$30,240.00
Gross wages
$624,000.00

About the Payroll Cost Calculator

Total payroll cost for a team: gross wages, employer taxes and benefits per pay period and per year.

Also known as: total payroll, payroll expense, employer payroll.

How to use this calculator

  1. Enter employees, average annual salary, employer taxes, benefits (% of salary) and the other fields.
  2. The result updates instantly as you type — press Calculate (or Enter) at any time.
  3. Review the breakdown shown under the main result.
  4. Use Copy result or Share to save the answer or send a link with your inputs.

Payroll Cost formula

Payroll = wages × (1 + taxes + benefits)

Worked example

Using the values pre-filled in the calculator above:

  • Employees = 12
  • Average annual salary = 52,000
  • Employer taxes = 8 %
  • Benefits (% of salary) = 18 %
  • Pay frequency: Bi-weekly

the calculator returns:

  • Annual payroll cost: 786,240
  • Per pay period: 30,240
  • Gross wages: 624,000