Exiance - Executive Search

ROI CALCULATOR

Which costs more, using contract executives or hiring full-time employees?

Project Requirements

Number Of Employees:

Employee Hourly Rate:

Project duration: (in hours)

Results

Project Total Cost Comparison

Using contract employees:

Using full-time employees:

Your savings using contractors:

Hourly Cost Breakdown
The percent of payrate is compiled from national averages.

Includes:	Percent of Pay Rate	Costs
Legally Required Payments
State Unemployment Tax	1.42%
Federal Unemployment Tax	0.80%
Social Security Tax (FICA)	6.20%
Medicare (FICA)	1.45%
Local Tax	0.40%
General & Prof'l Liability	1.20%
Worker's Compensation	1.50%
Non-Productive Time
Rest, Lunch	2.40%
Vacations	4.80%
Holidays	3.10%
Sick Leave	1.50%
Time-off	0.60%
Separation or Termination	1.30%
Discretionary Payments
Pension	2.25%
Profit-Sharing	1.33%
Savings and Thrift Plans	1.40%
Life Insurance	1.00%
Health and Medical	4.00%
Employee Discounts	0.41%
Meals	0.90%
Education Expenses	0.20%
Bonuses, Awards	2.50%
Miscellaneous	1.00%
Administration Costs with Turnover
Hiring and Orientation	18.00%
Agency and Search Fees	0.00%
Interviewing	3.03%
Reference Checking	2.30%
Start-Up, Training	5.93%

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