What is Actual Employee Hourly Cost Calculator?

Excel Labor Cost Calculator

Excel Labor Cost Calculator is a handy tool that helps you figure out how much each employee costs you per hour. Whether they're hourly workers or salaried, this calculator does the math for you. You can easily add in all sorts of expenses like taxes, benefits, and even workers' compensation to see your total employee costs.

Easy to Use and Understand

This program is super user-friendly! All you have to do is plug in the salary or hourly wage, plus any company-paid benefits, insurance, and paid time off. The calculator will then show you the actual hourly cost right away. It's a great way to keep track of both taxable and non-taxable options!

Real-Time Cost Updates

The best part? The Hourly Cost updates in real-time! So, if you're wondering how much those five paid days off are costing you or what that health insurance adds up to on an hourly basis, just enter the figures and watch it change before your eyes. Plus, once you enter the taxes for your company, it automatically calculates them for each employee!

Try It Out!

If you're looking for a way to keep track of your labor costs more effectively, give the Actual Employee Hourly Cost Calculator a shot! It's designed to help businesses like yours understand their expenses better. With everything laid out clearly and simply, managing employee costs has never been easier!

How Download Works

Go to the Softpas website, press the 'Downloads' button, and pick the app you want to download and install—easy and fast!