The True Cost Of Employing Someone!
The headline cost of employing someone full time is just that, the headline, but the costs underneath are increasingly even more significant than they’ve ever been.
Use this calculator to work out what your next full time hire will cost your company, and then you can compare to bringing in me (or another) experienced fractional in the same role, but most likely with much more to bring to your business at a lower on-going cost.
It is not about the number of hours someone works, it is about what is achieved in that time period.
True Cost of Employment Calculator
1. Employee Variables
2. Fractional Consultant Variables
Employee Cost (Year 1)
£0.00
Employee Ongoing (Year 2+)
£0.00
Fractional Cost (Annual)
£0.00
Year 1 Savings
£0.00
Ongoing Annual Savings
£0.00
Employee Cost Breakdown
- Total Cash Pay (Salary + Car) £0.00
- Employer NI (15% above £5k) £0.00
- Pension £0.00
- Health Insurance + Class 1A NI £0.00
- Apprenticeship Levy £0.00
- Recruitment Fee (One-off) £0.00
- Setup Costs (One-off) £0.00