Compare calculators

Both calculators run independently — change the inputs on either side to compare results.

Total Payroll Cost Calculator

Determine the true annual cost of hiring an employee beyond their base salary, including benefits, employer taxes, and workers' comp. Essential for HR budgeting and headcount planning.

Base Salary ($)

Health Insurance (Employer Cost) ($)

401k Match ($)

Employer Payroll Tax Rate (%)

Workers Compensation ($)

Fill in the required fields to see your result.

Payroll

Payroll Budget Calculator

Project your company's total annual payroll budget including planned raises, new hires, benefits, and employer payroll taxes. Ideal for HR teams during annual budget planning cycles.

Number of Employees (employees)

Average Annual Salary ($)

Benefits Cost (%)

Employer Payroll Tax Rate (%)

Annual Salary Increase (%)

Planned New Hires (employees)

Fill in the required fields to see your result.

Key differences

	Total Payroll Cost Calculator	Payroll Budget Calculator
Category	Payroll	Payroll
Inputs required	5	6
Result	Total Annual Employee Cost ($)	Annual Payroll Budget ($)
What it does	Determine the true annual cost of hiring an employee beyond their base salary, including benefits, employer taxes, and workers' comp. Essential for HR budgeting and headcount planning.	Project your company's total annual payroll budget including planned raises, new hires, benefits, and employer payroll taxes. Ideal for HR teams during annual budget planning cycles.