THE FTE CALCULATOR

How much does a full-time employee actually cost?

A proven technique and exercise to support your team growth planning involves weighing up what work you should be keeping in-house with your FTE (Full-Time Equivalent) and what work is better delegated and outsourced.

Use the calculator below to:

Assess how much your full-time employees are actually costing.
Work out what tasks you can optimize for.
Develop a plan for work that can be outsourced more efficiently.

Fill in the fields below to learn how much an employee costs once all overhead is accounted for.

Base Salary (Annual)

Recruiting and Hiring Costs

Estimated Payroll Taxes

Computer & Basic Licenses

Rent ($20 / sq ft)

Workers Comp

Health/Dental/Vision

Other overhead

Total Cost

True Hourly Rate per hour

What do they produce?

How many Sales do they produce per year?

How many hours a week do they work on Sales?

How much time do they spend doing tasks that someone else can do?

With a good assistant, your employee will produce this many more Sales per year:

THE FTE CALCULATOR

NEED HELP WITH YOUR ENTRY-LEVEL FTE PLANNING?