CalKit

Salary Budget Calculator

Calculate labor cost budget.

명
원
월 총 인건비
50,532,000원
연 총 인건비
606,384,000원

인건비 내역 (월 기준)

기본 급여 총액40,000,000원
4대보험 사업자 부담 (18%)7,200,000원
퇴직금 적립 (8.33%)3,332,000원
월 총 인건비50,532,000원
1인당 월 비용5,053,200원
연 총 인건비606,384,000원

Overview

The Salary Budget Calculator computes the total annual labor cost by combining headcount, salary levels, social insurance, severance, bonuses, and benefits. It is essential for business planning, staffing decisions, and monitoring the ratio of labor costs to revenue.

Formula

Annual Labor Cost = Σ (Per-Employee Salary + Employer Social Insurance + Severance + Bonuses + Benefits)
Labor Cost Ratio (%) = (Total Labor Cost ÷ Revenue) × 100

How to Use

  1. 1Enter the number of employees and their monthly salaries by position.
  2. 2Set the number of bonus months (performance pay).
  3. 3Confirm employer social insurance contributions and severance inclusion.
  4. 4Add benefits costs (meals, transportation, etc.) if applicable.
  5. 5Click 'Calculate' to see monthly and annual labor cost budgets.

Tips

  • ✔Compare your labor cost ratio to industry averages (services 40–50%, manufacturing 20–30%).
  • ✔When hiring, include ancillary costs such as recruiting and training in the budget.
  • ✔Prepare scenarios reflecting minimum wage increases.
  • ✔Budget part-time and contract labor costs separately.
  • ✔Factor in annual salary increases (3–5%) for realistic multi-year projections.

FAQ

Q. What is an appropriate labor cost ratio?

It varies by industry: services typically 40–50% of revenue, manufacturing 20–30%, and IT 30–40%. Use industry averages as a guide and adjust for your situation.

Q. What is included in labor costs?

Base salary, allowances (overtime, holiday, position), bonuses, severance, employer social insurance contributions, and benefits (meals, transportation, health checkups).

Q. How can I reduce labor costs?

Consider process automation, outsourcing, flexible work arrangements, and performance-based compensation. Be cautious with headcount reduction as it can have long-term negative effects.

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