Employee cost calculator
Yearly cost of an employee from wage, percents you type, benefits, and equipment.
Result
Employee cost calculator
Yearly cost
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Enter a yearly wage and the two percents. Benefits and equipment can stay blank.
Ballpark estimate, check before you buy or quote.
Verify with the official source. Checked 2026-10-02. https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll.html
Estimate for planning only. This is not tax, legal, accounting or financial advice. Results depend on the figures you enter. Check all numbers, rates and rules with the official source or a qualified professional before relying on them.
How this works and common questions
About this tool
The yearly wage, plus that wage times the employer percent you type, plus that wage times the vacation percent you type, plus benefits and equipment. A simple estimate, not advice. Nothing you type leaves this device.
How it works
Employer contributions are the wage times the employer percent, rounded half up to the cent. Vacation pay is the wage times the vacation percent, the same way. The yearly cost adds the wage, both of those, the benefits, and the equipment. 60000.00 with 8 percent, 2400.00 of benefits, 4 percent vacation, and 1200.00 of equipment is 70800.00.
Rules
You type both percents. Blank benefits or equipment count as zero. This is not a paycheque and not a payroll deduction. Verify with the official source. A simple estimate, not advice.
Questions
What is included?
The yearly wage, plus the employer percent you type on that wage, plus vacation pay at the percent you type on that wage, plus the benefits and equipment amounts you type.
Are the percents looked up?
No. You type the employer contribution percent and the vacation percent.
Is this a paycheque?
No. It is a yearly cost estimate from the figures you type.
Do I need an account?
No. The tools work without one. You only need to sign in to save your work.
Is what I type saved?
No. Nothing is saved unless you sign in and choose Save. Otherwise it stays on the page.
Do you show ads or sell my information?
No. We show no ads and we do not sell your information.
Is this tax or legal advice?
No. Results are estimates for planning. Check rates and rules with the official source or a qualified professional.
Sign in to save this. Your entries stay on screen.
Estimate for planning only. This is not tax, legal, accounting or financial advice. Results depend on the figures you enter. Check all numbers, rates and rules with the official source or a qualified professional before relying on them.