TrueHireCost

True Cost of Hiring Calculator

Calculate Healthcare Industry Hiring Costs

Estimate the fully loaded cost of a Healthcare hire — including $1.60/$100 workers’ comp, a $40,000–$300,000 salary range, $850/mo benefits, and a 1.32× burden multiplier.

Open the Calculator

True Cost of Hiring Calculator

Pre-configured with your state tax rates and Healthcare benchmarks. Adjust salary, benefits, and overhead to model your specific hire.

Your Inputs

Annual Base Salary$85,000
Stateyour state
Industry / Workers’ Comp ClassHealthcare
Monthly Benefits$850
401(k) Employer Match4%
SUTA Rate2.7%
Workers’ Comp (per $100)$1.60
Annual Overhead$3,000

Total Annual Cost

$109,910

Loaded multiplier: 1.29× base salary

Cost ComponentAnnual
Base Salary$85,000
Employer Taxes (FICA, FUTA, SUTA)$6,950
Workers’ Comp$1,360
Benefits + 401(k) Match$13,600
Overhead$3,000

Open the interactive calculator to adjust every input and export a PDF report.

Healthcare Hiring Cost & Benchmark Data

Representative Healthcare salary, benefits, and workers’ comp figures for 2026.

MetricValue
Typical Salary Range$40,000 – $300,000
Median Salary$85,000
Workers’ Comp Class Rate$1.60 per $100 payroll
Typical Monthly Benefits$850
401(k) Employer Match4%
Annual Overhead per Employee$3,000
Loaded-Cost Multiplier1.32×
Annual Turnover Rate21.4%
Average Time to Hire49 days
Annual Employment Growth13%

Every Healthcare benchmark, traced to its source

Each figure is classified and cited below. Published benchmarks come from BLS and SHRM; representative estimates vary by employer; and TrueHireCost modeling assumptions are editable defaults.

MetricValueTypeSourceLast verified
Median salary$85,000Published benchmarkBLS Occupational Employment & Wage StatisticsAug 2026
Salary range$40,000 – $300,000Representative estimateBLS Occupational Employment & Wage StatisticsAug 2026
Workers’ comp rate1.6 / $100 payrollRepresentative estimateDOL Office of Workers’ Compensation ProgramsAug 2026
Monthly benefits$850Representative estimateBLS Employer Costs for Employee Compensation (ECEC)Aug 2026
401(k) employer match4%TrueHireCost modeling assumptionTrueHireCost methodologyAug 2026
Annual overhead$3,000TrueHireCost modeling assumptionTrueHireCost methodologyAug 2026
Annual turnover rate21.4%Published benchmarkBLS Job Openings & Labor Turnover Survey (JOLTS)Aug 2026
Time to fill49 daysPublished benchmarkSHRM Human Capital Benchmarking & Talent AcquisitionAug 2026
Employment growth13%Published benchmarkBLS Employment ProjectionsAug 2026
Loaded-cost multiplier1.32×TrueHireCost modeling assumptionTrueHireCost methodologyAug 2026

How to read this table

  • Official statutory figures are set by law.
  • Published benchmarks come from BLS and SHRM.
  • Representative estimates vary by employer and carrier.
  • TrueHireCost modeling assumptions are editable defaults — see the methodology page.

Hiring Cost Example: Healthcare at $85,000 Salary

A Healthcare hire at the median $85,000 salary costs approximately $109,910 fully loaded — a 1.29× burden multiplier including $1.60/$100 workers’ comp, $850/mo benefits, and overhead.

ComponentAnnual Cost
Base Salary$85,000
Employer FICA (7.65%)$6,503
SUTA (2.7%) + FUTA$447
Workers’ Comp ($1.60/$100)$1,360
Benefits + 401(k) (4%)$13,600
Overhead$3,000
Total Loaded Cost$109,910

Hiring Landscape in Healthcare

Healthcare is the fastest-growing U.S. employment sector, driven by an aging population and chronic staffing shortages in nursing and primary care. Persistent nursing and allied health shortages drive high-volume clinical hiring across hospitals, clinics, and home health.

Healthcare Payroll Tax Considerations

  • • Resident stipends and bonuses have distinct withholding
  • • Nonprofit hospitals may be FICA-exempt for some roles
  • • High workers’ comp due to patient-handling injury risk

Healthcare Employer Compliance Checklist

  • License verification for clinical staff
  • OSHA bloodborne pathogen standards
  • HIPAA training for all staff with PHI access
  • Mandatory background checks

Healthcare Industry Resources

BLS Industry Data

Healthcare wages & turnover

IRS Pub 15

Federal employer tax guide

DOL Workplace

Department of Labor compliance

BLS Healthcare

Healthcare industry resource

AHA

Healthcare industry resource

Explore More Hiring Costs

Healthcare by State

Browse all 51 states →

Related Industries

Editorial Standards

Maintained by the TrueHireCost editorial team

TrueHireCost is an independent research and tooling project. Our content is written and maintained by the TrueHireCost editorial team — not by a licensed CPA, attorney, or HR certificant, and no named professional endorses or "verifies" these pages. Rates, wage bases, and benchmarks are collected from official public sources (IRS, U.S. Department of Labor, state workforce agencies, and the Bureau of Labor Statistics) and labeled with their source and last-reviewed date. State SUTA, workers’ comp, and minimum-wage figures are representative new-employer estimates and should be confirmed with the agency for your specific situation.

Found an outdated rate or a calculation that looks wrong? Email editorial@truehirecost.com and we’ll review and correct it. TrueHireCost is an informational tool, not professional tax, legal, or HR advice — consult a qualified professional before making hiring or payroll decisions.

Last updated 2026-08-24

Data Sources & Methodology

Every rate and formula is checked against the issuing agency before publication. Last updated 2026-08-24.

IRS

FICA, FUTA tax rate & wage base

U.S. DOL

FUTA credit, federal wage & hour

State Workforce Agencies

SUTA rates, wage bases, new-employer rates

BLS

Industry salary benchmarks & turnover

Frequently Asked Questions

How much does it cost to hire in the Healthcare industry?

The fully loaded cost of a Healthcare hire combines a typical $40,000–$300,000 salary with $1.60/$100 workers’ comp, $850/month benefits, a 4% 401(k) match, and overhead — yielding roughly a 1.32× burden multiplier.

What is the typical salary range in Healthcare?

Healthcare roles typically pay $40,000 to $300,000 per year, with a median around $85,000. Use the calculator’s salary input to model your specific role.

Are Healthcare workers’ comp rates high?

The representative Healthcare workers’ comp class rate is $1.60 per $100 of payroll. High workers’ comp due to patient-handling injury risk

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.