Who is the True Labor Cost Calculator for?

It is built for owners and payroll managers who need fast, accurate results for price labor accurately.

How do I use the True Labor Cost Calculator?

Enter hourly wage Add taxes and benefits Review true labor cost

Does this include payroll taxes?

Yes. Add taxes and insurance for a full burden.

Is this for W-2 employees only?

It is designed for employees but can be adapted.

Is this tool free to use?

Yes. This tool is free and designed for quick, practical results.

Does this work for projects nationwide?

Yes. It uses standard construction inputs used across the US.

True Labor Cost Calculator

What your $25/hr employee really costs you.

Employee Details

Hourly Wage

Annual Hours

Payroll Taxes & Insurance

Workers' Comp %

Health Ins. (Monthly)

State Unemp. (SUTA) %

FICA (7.65%) + FUTA

Productivity Killers

PTO Days / Year

Non-Billable Time %

True Cost Analysis

True Hourly Cost

$0.00

vs. $25.00 base wage

Burden Multiplier

0.00x

Add -100% to base wage

Profit WarningIf you bill this employee at less than $0.00/hr, you are losing money on every hour they work.

Annual Cost Breakdown

Base Wages$52,000

Total Burden (Taxes + Ins)+ $0

Total Annual Cost$52,000

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True Labor Cost Calculator for owners and payroll managers

True Labor Cost Calculator helps owners and payroll managers price labor accurately. Enter hourly wage, taxes, benefits, and overhead and get true labor cost per hour you can use immediately in your bid or project file.

Used by contractors across California, Texas, Florida, New York, and Illinois, with active users in Los Angeles, Houston, Dallas, Chicago, Phoenix, Atlanta, Seattle, and Denver.

Quick answer: what does this tool do?

Calculate the real hourly cost of an employee including burden.

How should I apply the results?

Use the rate in bids and job costing.

Is this suitable for public bids?

Yes. The inputs align with typical DOT, municipal, and federal bid requirements.

What keywords does this tool target?

labor burden calculator, true cost of employee, construction labor rates

The True Labor Cost Calculator gives fast, reliable results for owners and payroll managers to price labor accurately. Enter hourly wage, taxes, benefits, and overheadand get true labor cost per hour in minutes.

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