Enter the Salary: $
Example is for an employee making $30,000 per year
Cost Item
Example
Your Data
Salary
$30,000
(S)
$
Total Fringe
$10,500
(0.35S)
$
Salary & Total
Fringe
$40,500
(S+0.35S)
$
Overhead Costs
$44,550
1.10(S+0.35S)
$
Full Labor Cost
$85,050
(S+0.35S) + 1.10(S+0.35S)
$
Full Labor
Cost/Day @ 260
days/year
$327.12
((S+0.35S) + 1.10(S+0.35S)) / 260
$
Hours paid per day
8
Full Labor Cost/Hour
$40.89
(((S+0.35S) + 1.10(S+0.35S)) / 260) / 8
$