Calculate gross pay, overtime pay, payroll deductions, employee taxes, employer payroll taxes, net pay, total payroll cost, and annual payroll estimate. Use this HR calculator for payroll planning, pay period estimates, labor budgeting, and employee compensation calculations.
Hourly payroll:
The calculator multiplies regular hours by hourly rate, then adds overtime pay and bonus pay.
Salary payroll:
The calculator divides annual salary by the number of pay periods, then adds bonus or commission pay.
Net pay:
The calculator subtracts pre-tax deductions, estimated employee taxes, employee payroll taxes, and post-tax deductions from gross pay.
Employer payroll cost:
The calculator adds gross payroll, employer payroll taxes, employer benefits, workers compensation, and other employer costs.
A payroll calculator helps HR teams, payroll managers, and business owners estimate employee pay and employer labor cost before processing payroll.
It can help compare gross pay, overtime pay, taxable wages, deductions, employee taxes, net pay, employer taxes, benefits, workers compensation, total payroll cost, and annual payroll budget.
Your result shows estimated gross pay, regular pay, overtime pay, bonus pay, taxable wages, pre-tax deductions, employee tax withholding, employee payroll tax, post-tax deductions, net pay, employer payroll taxes, employer benefits, workers compensation, total employer payroll cost, and annual payroll cost. These figures are estimates based on the values you enter.
Calculate gross pay first, subtract employee deductions and taxes to estimate net pay, then add employer taxes and benefits to estimate total employer payroll cost.
Gross pay is the amount earned before taxes, deductions, and withholdings are subtracted.
Net pay is the estimated take-home pay after taxes and deductions are subtracted from gross pay.
Employer payroll cost includes employee gross pay plus employer payroll taxes, benefits, workers compensation, insurance, and other employer-paid costs.
No. This calculator provides an estimate. Actual payroll taxes and withholdings depend on location, tax forms, wage limits, deductions, benefits, and payroll rules.