Mangvix

Employee Cost Calculator (TCO)

Calculate the true "fully loaded" cost of hiring an employee beyond just their salary.

Hiring Parameters

The salary amount before employee deductions

Rent, equipment, software, and office supplies per head

📚 The "Hidden" Costs

Hiring an employee costs more than their salary. Businesses must account for:

  • Employer Contributions: PF (12%), ESI (3.25%), and Gratuity (~4.8%).
  • Operations: Laptops, software licenses, desk space, and utilities.
  • Perks: Medical insurance, meals, and performance bonuses.
"A common rule of thumb is that an employee’s true cost is 1.25x to 1.4x their base salary."
Total Annual Cost (TCO)
₹—
Monthly: ₹0
Cost Multiplier: 0x

Monthly Burden Breakdown

Run calculation to see full cost breakdown

Cost Distribution

Visualize Salary vs Burden

💡 Hiring Insights

Assess the profitability of this hire by comparing total cost against expected revenue generation.