Skip to content
Calculator Tools
Employee Cost Calculators

Payroll Cost Calculator

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

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.

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