Enter the base annual salary ($) into the Employee Cost Calculator. The calculator will evaluate and display the Employee Cost. 

Employee Cost Formula

The following formula is used to calculate the Employee Cost. 

EC = BS * 1.4

  • Where EC is the Employee Cost ($)
  • BS is the base annual salary ($) 

How to Calculate Employee Cost?

The following example problems outline how to calculate Employee Cost.

Example Problem #1:

  1. First, determine the base annual salary ($). The base annual salary ($) is given as 75,000.
  2. Finally, calculate the Employee Cost using the equation above: 

EC = BS * 1.4

The values given above are inserted into the equation below:

EC = 75,000 * 1.4 = 105,000 ($)


Example Problem #2: 

The variables needed for this problem are provided below:

base annual salary ($) = 60,000

Entering these values and solving gives:

EC = BS * 1.4 = 84,000.00 ($)