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Time Doctor releases Employee Cost Calculator
Have you ever considered that employees cost more than just the salary you pay them? These hidden costs - taxes, benefits, the equipment that your employee use, increases your actual employment costs.
The Sydney-based employment website Staff.com developed the employee cost calculator as part of their strategy to maximize profit while reducing the cost associated with having employees. By releasing the tool for public use, Staff.com hopes to help small business owners and employers formulate effective financial strategies.
The employee cost calculator estimates the effective hourly rate of an employee based on salary, compensation, benefits, equipment being used, office space, vacation and sick leaves, and other hidden costs that are normally paid by the company. It also gives a roundup of the entire expense of an employee by year.
Instructions for using the Employee Cost Calculator are provided by this link: http://www.staff.com/
The Employee Cost Calculator is available on this link: https://www.staff.com/
Staff.com is an employment website based in Sydney, Australia. It accommodates to full-time telecommuting jobs only. In Staff.com, employers can find staff or post jobs for free and job-seekers can search for full-time employment work or post their resumes.
Page Updated Last on: Feb 27, 2013