Employer Cost Calculator

Calculate the true cost of employing someone

Employer Cost Calculator

$ /year

Employers must contribute at least 3.5% if the employee is enrolled in KiwiSaver. Select 0% if the employee hasn't opted in.

Total employment cost

$157,825

per year

Overhead: $27,825 (21.4% above salary)

Cost breakdown

Base salary $130,000
Employer KiwiSaver (3.5%) $4,550
ACC employer levy (1.75%) $2,275
Annual leave (4 weeks) $10,000
Public holidays (12 days) $6,000
Sick leave (10 days) $5,000
Total employment cost $157,825

Employment cost by period

Period Total cost
Annual $157,825
Monthly $13,152
Fortnightly $6,070
Weekly $3,035

Contractor comparison

To match this total employment cost with a contractor, you'd need to pay:

$86

Based on 46 working weeks. Contractors have no leave obligations but set their own rate to cover holidays and expenses.

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These calculations are provided as a guide. Actual costs may vary based on industry, employee benefits, and collective agreements.

ACC levy uses the earners' levy rate (1.75%). Work levy varies by industry. Public holidays based on 12 statutory days.