Compare calculators
Both calculators run independently β change the inputs on either side to compare results.
Business
Freelance Hourly Rate Calculator
Work out the hourly rate you must charge to hit your target take-home income as a freelancer, accounting for billable hours, unpaid vacation weeks, business overhead, and self-employment tax.
Fill in the required fields to see your result.
Business
Total Employee Cost Calculator
Estimate the true annual cost of employing a worker by adding salary, benefits, payroll taxes, workers' compensation, and other overhead. Use it before making a hiring decision to understand the full financial commitment beyond the base wage.
Fill in the required fields to see your result.
Key differences
| Freelance Hourly Rate Calculator | Total Employee Cost Calculator | |
|---|---|---|
| Category | Business | Business |
| Inputs required | 5 | 4 |
| Result | Required Hourly Rate ($/hr) | Total Annual Employee Cost ($) |
| What it does | Work out the hourly rate you must charge to hit your target take-home income as a freelancer, accounting for billable hours, unpaid vacation weeks, business overhead, and self-employment tax. | Estimate the true annual cost of employing a worker by adding salary, benefits, payroll taxes, workers' compensation, and other overhead. Use it before making a hiring decision to understand the full financial commitment beyond the base wage. |