Free Employee Cost Calculator Australia | True Cost-to-Company

Estimate total employee costs in Australia including super, tax & benefits. Budget accurately for hiring staff.

Australian Employee Cost Calculator (Cost-to-Company)

Estimate the total annual cost of hiring an employee in Australia, beyond just their base salary. Fill in the fields based on your specific situation and research.

1. Employee & Base Salary Details

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Job Title:

Annual Base Salary ($):

Standard Work Hours per Week (for hourly cost calculation):

2. Mandatory & Statutory On-Costs (Annual)

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Superannuation Guarantee Rate (% of OTE):

Superannuation Amount: $0.00

Estimated Worker's Compensation Insurance Rate (% of Salary + Super):

Worker's Compensation Amount: $0.00

Payroll Tax (State-Based)

Payroll tax applies if your total Australian company wages exceed a certain threshold, which varies by state/territory. The rate also varies. This is an *indicative* cost for this employee if your business is liable.

Your Business's Total Annual Australian Wages (Approx. $):

Applicable Payroll Tax Rate (%):

Estimated Payroll Tax for this Employee: $0.00

3. Common Additional Costs (Annual)

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Include Annual Leave Loading?

Allowances (Annual Costs)

Phone/Internet Allowance ($ Annual):

Travel/Car Allowance ($ Annual):

Other Taxable Allowances ($ Annual):

Benefits & Training (Annual Costs)

Note: Some benefits may attract Fringe Benefits Tax (FBT), further increasing costs. This calculator does not compute FBT.

Professional Development/Training Budget ($ Annual):

Health Insurance/Wellness Benefit ($ Annual Cost to Company):

Other Benefits (e.g., Gym, Amenities - $ Annual Cost to Company):

4. One-Time Hiring & Setup Costs

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Recruitment Costs ($):

Initial Equipment & Setup Costs ($):

Specific Initial Training Costs ($):

Total One-Time Costs: $0.00

Total Estimated Employee Cost Summary

Base Salary (Annual): $0.00

Total Annual On-Costs (Super, Worker's Comp, Payroll Tax, Leave Loading, Allowances, Benefits): $0.00

Total Estimated Annual Cost (excluding one-time costs): $0.00

Total One-Time Hiring & Setup Costs: $0.00

Total Estimated First Year Cost (Annual Cost + One-Time Costs): $0.00

Cost Breakdowns (based on Annual Cost excluding one-time costs)

Estimated Cost per Month: $0.00

Estimated Cost per Week (approx.): $0.00

Estimated Effective Cost per Hour (based on 38 work hours/week): $0.00

Important Notes & Recommendations:

Estimates Only: This calculator provides estimates. Actual costs can vary. Always consult with an accountant or HR professional for precise figures.
State Variations: Payroll tax and worker's compensation rates vary significantly between Australian states and territories. Research your specific obligations.
OTE for Super: Superannuation is generally calculated on Ordinary Time Earnings (OTE), which usually includes base salary and some allowances, but not typically overtime. This calculator simplifies by using base salary for OTE; adjust if needed for significant taxable allowances that form part of OTE.
Awards & Agreements: Minimum wages, allowances, leave entitlements, and other conditions can be dictated by Modern Awards or Enterprise Agreements. Ensure compliance.
Fringe Benefits Tax (FBT): Providing non-cash benefits (e.g., cars, gym memberships) can attract FBT, which is a separate tax on the employer and can significantly increase costs. This calculator does not estimate FBT.
Inflation & Increases: Remember to factor in future wage increases, superannuation rate changes, and inflation when budgeting long-term.

How It Works:-

1. Enter Base Salary Begin by inputting the employee’s gross annual salary.

2. Include Australian Employment Additions Input details for superannuation, payroll tax, and worker’s compensation insurance relevant to your business.

3. Add Benefits & Overheads Account for additional costs like recruitment fees, training expenses, and any other employee benefits.

4. See Full Cost-to-Company The calculator instantly provides the total annual cost of employing staff, beyond just their salary.

5. Plan Your Staffing Budget Use the comprehensive total to accurately budget for new hires and scale your service business effectively.

Disclaimer: AI-Generated Tool

This tool has been developed and generated by Artificial Intelligence (AI). While every effort has been made to ensure its functionality and accuracy, the creators of this AI and the platform hosting it cannot guarantee the completeness, reliability, or accuracy of its output or outcomes.

Users acknowledge that they use this tool at their own discretion and risk. The creators and providers of this AI are not responsible for any direct, indirect, incidental, consequential, or other damages arising from the use of, or inability to use, this tool, including but not limited to financial losses, business interruptions, or any other professional or personal detriment.

By using this tool, you agree to these terms and acknowledge that any decisions made or actions taken based on its output are solely your responsibility. It is strongly recommended to independently verify any information or recommendations provided by this AI tool.