What does one hour of work actually cost you?

It is not the wage. An hour on payroll costs the wage plus employer payroll taxes, unemployment, workers compensation and paid sick leave, and then its share of your monthly running costs. Drag the wage below and watch the real figure build itself.

What one labour hour costsLive — drag anything
$42.57

You were thinking $27.50. It is 28.7% more than that, before a single bill is paid.

Wage
$27.50
Social Security
$2.10
Unemployment
$1.47
Workers comp
$3.40
Sick leave
$0.92
Running costs
$7.18
Floor
$43/hr
$1149 job
Never below
Holds your pay
$55/hr
$1485 job
What to bill
Boutique
$71/hr
$1916 job
High end

3 people for 9 hours is 27 labour hours. At $55.00 an hour that job bills $1,485.00.

Keep these numbers

We will email you this breakdown, at the wage you set, with what to charge.

One email. Nothing else, and nothing sold, unless you tick a box.

No sign-in, no catch

This is the same engine the product runs on, not a simplified version of it. The rates behind it are the published federal and state figures, each carrying its source and the date it was checked.

Two of them move every January, and your unemployment rate and workers compensation rate are specific to you. Confirm both with your accountant and your broker before you price anything from them.

Read how the figure is worked out