True Cost of Hiring Calculator
A searchable directory of every TrueHireCost resource — 6 calculators, 5 guides, research and indexes, payroll tools, all 50 states + DC, 20 industries, and 1,020 state + industry combinations.
Open the CalculatorPre-configured with your state tax rates. Adjust salary, benefits, and overhead to model your specific hire.
Total Annual Cost
$101,207
Loaded multiplier: 1.27× base salary
Open the interactive calculator to adjust every input and export a PDF report.
The true cost of a new hire is the fully loaded cost: base salary plus employer payroll taxes (FICA, FUTA, SUTA), workers’ compensation, benefits, and overhead. For an $80,000 salary, the loaded cost is typically about $105,600, or roughly 1.32× base salary.
TrueHireCost adds employer FICA (7.65%), federal and state unemployment tax, workers’ comp (varies by state and industry), benefits, and overhead to the base salary. You can adjust each input for any U.S. state and industry.
Employers pay 7.65% FICA (6.2% Social Security + 1.45% Medicare), FUTA (up to 0.6% on the first $7,000), state unemployment (SUTA), and state disability insurance where applicable.
Yes. The TrueHireCost hiring cost calculator is free to use, requires no sign-up, and works for all 50 U.S. states and 20 major industries.
For Estimation Purposes Only
TrueHireCost provides hiring cost estimates for informational purposes only and is not professional tax, legal, or HR advice. Actual employer costs vary by experience rating, industry classification, carrier, and jurisdiction. Consult a qualified CPA, tax advisor, or HR professional before making hiring or payroll decisions.