Program Type: Freeware
Release date: 2016-07-01
Free Excel Labor Burden Calculator automatically calculates your employee hourly cost. This simple but powerful application considers Employer Taxes, Benefits, Paid Time Off and Workers compensation to automate your actually hourly cost.
We all know how much we pay employees by hourly or salary, but that is no indication of what their real hourly cost is. Too often we operate our businesses without understanding the real costs of having employees. This simple and straight forward Labor Burden Calculator will automatically display your true hourly cost of your employees by allowing you to enter all potential Employee Costs including: Employer Paid Taxes; Workers Compensation Insurance; Paid Vacation, Sick, Holiday & Training Hours; Any type of benefit, regardless of the frequency.
Automatically calculate your Overhead and always know if you can afford that raise or bonus with the automated Ideal and Minimum Profit Margins.
Your True Hourly Cost, Profit % and Profit Amounts are displayed both with, and without overhead, allowing you to take back control of your employee costs once and form all.
The new Scenarios screen also allows you to plug in any combination of employees and hours to calculate the best combination of staff for any job, shift or time frame.
This free excel tool makes it simple to view that critical employer cost, so you are not longer in the dark when it comes to your company costs.
Download your free sample today.
Keywords: Labor Burden Calculator, Actual Employee Cost, What is Labor Burden. Calculate Your Employee Cost, What is Employee Labor Burden, Employee Hourly Cost. Actual Employee Labor Cost, Employee Burden, Actual Employee Burden, Hourly Labor Cost
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