TrueHireCost

True Cost of Hiring Calculator

Employee Cost by State - All 50 States + DC

A directory of TrueHireCost state hiring cost guides for all 50 U.S. states plus DC. Each guide has a pre-configured calculator, SUTA rates, workers’ comp, minimum wage, and a full cost breakdown.

Open the Calculator

True Cost of Hiring Calculator

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

Your Inputs

Annual Base Salary$80,000
Stateyour state
Industry / Workers’ Comp ClassOffice / Clerical
Monthly Benefits$650
401(k) Employer Match4%
SUTA Rate2.7%
Workers’ Comp (per $100)$0.80
Annual Overhead$3,000

Total Annual Cost

$101,207

Loaded multiplier: 1.27× base salary

Cost ComponentAnnual
Base Salary$80,000
Employer Taxes (FICA, FUTA, SUTA)$6,567
Workers’ Comp$640
Benefits + 401(k) Match$11,000
Overhead$3,000

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

Frequently Asked Questions

What is the true cost of hiring an employee?

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.

How is the true cost of hiring calculated?

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.

What employer taxes do I pay on top of salary?

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.

Is the TrueHireCost calculator free?

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.