Employee True Cost Calculator
Discover what your employees really cost. Most owners underestimate by 30-50%. Know your numbers.
Employee Details
Enter the employee's compensation and benefits
$25.00/hr
$15$75
Taxes & Insurance
7.65%
5%
Benefits
Paid Time Off
Additional Costs
$800
Enter employee details and click "Calculate" to see the true cost
Why This Matters
Hidden Costs Most Forget
- • Payroll taxes add 7.65% immediately
- • PTO means paying for hours never worked
- • Workers comp can be 3-15% depending on trade
- • Vehicle costs add $800-1,500/month per tech
Pricing Implications
- • Your prices must cover the TRUE cost, not just wages
- • Most profitable shops charge 3x+ true labor cost
- • Use this number when calculating flat rate prices
- • Revisit annually as benefits costs change
Sound Familiar?
"We were paying for hours nobody worked. Paper timesheets were full of 'I think I worked 8 hours' guesses."
10%
Payroll Savings
$1,800
Lost/Year to Time Theft
100%
Break Compliance
The Hidden Cost of Time Padding
Average time padding per day:15 minutes
× 5 days × 52 weeks × $25/hr:$1,625/year per tech
5 technicians =$8,125/year lost
Track Every Dollar You're Paying For
You just calculated what employees really cost. Now make sure you're only paying for hours actually worked with GPS-verified time tracking.
Mobile clock-in from their phone
GPS verification at job sites
Auto overtime calculations
Break compliance tracking
"We recovered $3,200/month just by switching from paper timesheets. GPS clock-in changed everything. No more 'I forgot to write it down.'"
Sarah K.• Plumbing Company Owner