Overhead Cost Per Employee Calculator

Use this calculator to determine your average overhead cost per employee. With a few simple inputs, it will calculate the portion of rent, utilities, office operations, and administrative costs attributable to overhead, divided by the number of employees. How To Calculate Overhead Cost Per Employee Overhead Cost Per Employee Definition Overhead cost per employee is the average share of indirect business expenses allocated to each…

Time Off Liability Calculator

Use this calculator to estimate the total cost of unused paid time off (PTO) for your company. With a few simple inputs, it will calculate your PTO liability in dollars. Understanding PTO Liability PTO Liability Definition PTO liability is the total dollar value of all accrued but unused paid time off that your company would need to pay out if employees cashed it in. This…

Team Utilization Rate Calculator

Use this calculator to determine your team’s utilization rates. With a few simple inputs, it calculates your resource utilization rate and billable utilization rate for you. How To Calculate Team Utilization Team Utilization Definition Utilization rate shows how much of your team’s available time is being spent productively — either on all tracked work (resource utilization) or on client billable work (billable utilization). It helps…

Part-Time vs Full-Time Cost Calculator

Use this calculator to compare the total cost of employing part-time versus full-time workers in a specific role. Enter simple details like hourly wage, benefits percentage, and hours worked to see which option is more cost-effective. How To Compare Full-Time vs. Part-Time Costs Cost Comparison Purpose This calculator helps you evaluate which staffing model offers better value for your business needs. It accounts for wage…

Work From Home Stipend Calculator

Use this calculator to determine how much you should offer employees as a work-from-home (WFH) stipend. With a few quick inputs, the calculator will show you a monthly or annual WFH stipend recommendation per employee—and the total cost to your company. How To Calculate A Work From Home Stipend Work From Home Stipend Definition A work-from-home stipend is a recurring or one-time payment provided to…

Employee Productivity Calculator

Use this calculator to estimate employee productivity either by the hour or by the project. With just a few quick inputs, you can determine output per hour worked or output per project completed. Instructions For The Employee Productivity Calculator Follow these steps depending on whether you want to measure productivity per hour or per project: Productivity Per Hour Productivity Per Project Scroll down to view…

Employee Cost Calculator

Use this calculator to estimate the total cost of your employees. With just a few simple inputs, you can calculate the full employment cost, including wages, taxes, and benefits. How To Use The Employee Cost Calculator Follow these steps to calculate the full cost of employment for each employee at your organization: Hit “Calculate” to view the total employee cost. Scroll down to view the…

Remote Work Cost Savings Calculator

Use this calculator to estimate the potential cost savings for your company based on the number of remote work days employees take per week. With a few simple inputs, it will calculate your estimated savings, helping you better manage remote work policies and related costs. How To Calculate Remote Work Savings Remote Work Cost Savings Definition Remote Work Cost Savings calculates the reduction in costs…

13 Performance Review Tips That Actually Improve Performance

Employee performance reviews are crucial for both individual growth and business success. When you have remote employees, though, performance reviews become even more significant: according to a study by Gallup, more than 60% of remote employees are more engaged when they receive regular feedback. Gone are the days of yearly reviews where employees spend months wondering if their supervisor is happy with them. When done…

Freelance Rate Calculator

Use this freelancer rate calculator to quickly determine how much you need to charge per hour to meet your annual income goals. You can easily customize the calculator with your business expenses, income tax rate, and the number of hours you expect to work each year. Instructions For The Freelance Hourly Rate Calculator Follow these steps to compare total earnings of a contractor to an…