Fully Burdened Labor Rate Calculation

Fully Burdened Labor Rate Calculator

Calculate the true cost of employing a worker by factoring in all associated expenses beyond their base salary.

Your Fully Burdened Labor Rate

The Fully Burdened Labor Rate represents the total cost to employ an individual worker for your organization, encompassing not just their salary but also the additional expenses like benefits, taxes, and overhead.

function calculateFullyBurdenedRate() { var annualSalary = parseFloat(document.getElementById("annualSalary").value); var benefitsPercentage = parseFloat(document.getElementById("benefitsPercentage").value); var payrollTaxesPercentage = parseFloat(document.getElementById("payrollTaxesPercentage").value); var overheadPerEmployee = parseFloat(document.getElementById("overheadPerEmployee").value); var workingHoursPerYear = parseFloat(document.getElementById("workingHoursPerYear").value); var resultDiv = document.getElementById("result"); if (isNaN(annualSalary) || isNaN(benefitsPercentage) || isNaN(payrollTaxesPercentage) || isNaN(overheadPerEmployee) || isNaN(workingHoursPerYear) || annualSalary < 0 || benefitsPercentage < 0 || payrollTaxesPercentage < 0 || overheadPerEmployee < 0 || workingHoursPerYear <= 0) { resultDiv.innerHTML = "Please enter valid positive numbers for all fields. Working hours must be greater than zero."; return; } var benefitsCost = annualSalary * (benefitsPercentage / 100); var payrollTaxesCost = annualSalary * (payrollTaxesPercentage / 100); var totalAnnualCost = annualSalary + benefitsCost + payrollTaxesCost + overheadPerEmployee; var fullyBurdenedHourlyRate = totalAnnualCost / workingHoursPerYear; resultDiv.innerHTML = "$" + fullyBurdenedHourlyRate.toFixed(2) + " per hour"; } .calculator-wrapper { font-family: Arial, sans-serif; border: 1px solid #ccc; padding: 20px; border-radius: 8px; max-width: 600px; margin: 20px auto; display: flex; flex-wrap: wrap; gap: 30px; background-color: #f9f9f9; } .calculator-inputs, .calculator-result { flex: 1; min-width: 250px; } .calculator-inputs h2, .calculator-result h3 { color: #333; margin-bottom: 15px; } .input-group { margin-bottom: 15px; } .input-group label { display: block; margin-bottom: 5px; font-weight: bold; color: #555; } .input-group input[type="number"] { width: calc(100% – 22px); /* Account for padding and border */ padding: 10px; border: 1px solid #ddd; border-radius: 4px; box-sizing: border-box; } .calculator-inputs button { background-color: #4CAF50; color: white; padding: 12px 20px; border: none; border-radius: 4px; cursor: pointer; font-size: 16px; margin-top: 10px; transition: background-color 0.3s ease; } .calculator-inputs button:hover { background-color: #45a049; } .calculator-result #result { font-size: 24px; font-weight: bold; color: #007bff; margin-top: 10px; margin-bottom: 15px; } .calculator-result p { font-size: 14px; color: #666; line-height: 1.5; }

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