True Cost of Hiring Calculator
The fully loaded cost of a Hospitality hire in Minnesota combines Minnesota’s 1% SUTA rate with the Hospitality workers’ comp rate of $1.80/$100, typical Hospitality benefits, and overhead.
Open the CalculatorPre-configured with Minnesota tax rates and Hospitality benchmarks. Adjust salary, benefits, and overhead to model your specific hire.
Total Annual Cost
$52,871
Loaded multiplier: 1.26× base salary
Open the interactive calculator to adjust every input and export a PDF report.
Combined Minnesota state tax rates and Hospitality industry benchmarks for 2026.
Each figure combines Minnesota statutory rates with Hospitality industry estimates. Statutory rates are fixed by law; published benchmarks come from BLS and SHRM; representative estimates vary by employer and carrier; and benefit/overhead defaults are editable TrueHireCost modeling assumptions.
| Metric | Value | Type | Source | Last verified |
|---|---|---|---|---|
| Minnesota SUTA rate | 1% | Representative estimate | Minnesota Unemployment Insurance Program | Aug 2026 |
| Minnesota SUTA wage base | $42,000 | Official statutory figure | Minnesota Unemployment Insurance Program | Aug 2026 |
| Hospitality workers’ comp | 1.8 / $100 payroll | Representative estimate | DOL Office of Workers’ Compensation Programs | Aug 2026 |
| Hospitality median salary | $42,000 | Published benchmark | BLS Occupational Employment & Wage Statistics | Aug 2026 |
| Hospitality monthly benefits | $350 | Representative estimate | BLS Employer Costs for Employee Compensation (ECEC) | Aug 2026 |
| 401(k) employer match | 2% | TrueHireCost modeling assumption | TrueHireCost methodology | Aug 2026 |
| Annual overhead | $1,400 | TrueHireCost modeling assumption | TrueHireCost methodology | Aug 2026 |
| Minnesota minimum wage | $11.13/hr | Official statutory figure | Minnesota Unemployment Insurance Program | Aug 2026 |
| Employer FICA | 7.65% | Official statutory figure | IRS Publication 15 (Circular E) | Aug 2026 |
How to read this table
A Hospitality hire in Minnesota at the median $42,000 salary costs approximately $52,871 fully loaded — a 1.26× multiplier combining Minnesota’s 1% SUTA with Hospitality workers’ comp at $1.80/$100.
Healthcare, manufacturing, retail, and agribusiness anchor Minnesota’s economy.
Hospitality hiring has rebounded post-pandemic but remains constrained by labor shortages in food service and lodging. In Minnesota, high-volume, high-turnover hiring of servers, housekeepers, and front-desk staff with strong seasonality.
When hiring Hospitality staff in Minnesota, budget for the 1% SUTA rate on the first $42,000 of wages, $1.80/$100 workers’ comp, and state income tax withholding up to 9.85%.
Minnesota Unemployment Insurance Program
Minnesota workforce agency
Hospitality wages & turnover
Federal employer tax guide
Hospitality industry resource
Hospitality industry resource
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
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
The fully loaded cost combines Minnesota’s 1% SUTA rate with the Hospitality workers’ comp rate of $1.80/$100, a typical $42,000 median salary, $350/month benefits, and overhead. Use the calculator above for a precise Minnesota Hospitality estimate.
Yes — Workers’ comp required for all employers. The Hospitality class code sets the rate at $1.80 per $100 of payroll.
Hospitality roles typically pay $24,000–$90,000. Minnesota Hospitality salaries may vary by metro and experience.
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.