Free Labor Cost Calculator — Loaded Labor Rate | Chronotek Pro

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1. Free Tool “It is the base hourly wage plus the employer payroll taxes, workers’ compensation, and overhead you carry for every hour they work — the number known as the loaded labor rate — also called the labor burden rate when it is expressed as a percentage, or the fully loaded cost of an employee when it is expressed in dollars.” No sign-up, no email, nothing stored — the math runs in your browser. Below the calculator: what goes into a burden rate, why the multiplier varies by trade, a bid worked end to end, and labor cost as a percentage of revenue.

   In Fully loaded outbound cost

2. Free Tool “An employee’s true hourly cost is not their wage.” No sign-up, no email, nothing stored — the math runs in your browser. Below the calculator: what goes into a burden rate, why the multiplier varies by trade, a bid worked end to end, and labor cost as a percentage of revenue.

   In Fully loaded outbound cost

3. Base hourly wage ($)Employer payroll tax (%)Workers’ comp (%)Other overhead ($/hr)Hours per week “Workers’ compensation rates vary by state and by each employee’s job classification, so there is no default worth prefilling — take the rate off your own policy.” Cost component Rate entered Cost per hour Base hourly wage — $20.00 Employer payroll tax 7.65% of wage $1.53 Workers’ compensation Not entered $0.00 Other overhead Not entered $0.00 Loaded hourly rate 7.65% above the wage $21.53

   In Fully loaded outbound cost

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