As you know, your cost per employee extends far beyond annual salary. But just how far? Your additional costs include employee benefits, such as health insurance offerings, income protection and retirement plans. In addition, you pay for mandatory programs like Medicare, social security, unemployment and Workers’ Compensation. By understanding your company’s cost of benefits per employee, you can also help employees understand the all-in value you place on them.
Simply complete the forms in Steps 1 and 2 below and hit calculate. A window will display your results instantly, and a copy will be emailed to you for your reference.