Enter the total fringe benefits ($) and the total salary ($) into the Fringe Benefit Rate Calculator. The calculator will evaluate the Fringe Benefit Rate.
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Fringe Benefit Rate Formula
The following two example problems outline the steps and information needed to calculate the Fringe Benefit Rate.
FBR = FB / S * 100
- Where FBR is the Fringe Benefit Rate (%)
- FB is the total fringe benefits ($)
- S is the total salary ($)
To calculate a fringe benefit rate, divide the total fringe benefits by the total salary, then multiply by 100 by to express the result as a percent.
How to Calculate Fringe Benefit Rate?
The following example problems outline how to calculate Fringe Benefit Rate.
Example Problem #1:
- First, determine the total fringe benefits ($).
- The total fringe benefits ($) is given as: 1,000.
- Next, determine the total salary ($).
- The total salary ($) is provided as: 35,000.
- Finally, calculate the Fringe Benefit Rate using the equation above:
FBR = FB / S * 100
The values provided above are inserted into the equation below and computed.
FBR = 1,000 / 35,000 * 100 = 2.85 (%)
Example Problem #2:
For this problem, the variables required are provided below:
total fringe benefits ($) = 2,000
total salary ($) = 60,000
Test your knowledge using the equation and check your answer with the calculator..
FBR = FB / S * 100 = ?
