CalKit

Employee Cost Calculator

Calculate total employee cost including insurance and severance.

원
월 총 인건비
4,145,019원

급여 대비 부담금 비율: 18.43%

사업주 부담금 내역

국민연금 (4.5%)157,500원
건강보험 (3.545%)124,075원
장기요양보험 (건강보험의 12.81%)15,894원
고용보험 (0.9%)31,500원
산재보험 (0.7%)24,500원
퇴직금 적립 (8.33%)291,550원
부담금 합계645,019원

총 인건비

월 급여3,500,000원
월 사업주 부담금645,019원
월 총 인건비4,145,019원
연 총 인건비49,740,228원

Overview

The Employee Cost Calculator computes the true cost of hiring an employee beyond base salary, including social insurance (national pension, health insurance, employment insurance, workers' compensation), severance pay, and benefits. It is essential for hiring decisions and labor cost budgeting.

Formula

Total Employee Cost = Base Salary + National Pension (4.5%) + Health Insurance (3.545%) + Long-Term Care (12.81% of health insurance) + Employment Insurance (0.9%) + Workers' Comp (industry-specific) + Severance (~8.33%) + Benefits
※ Rates are as of 2024 and change annually.

How to Use

  1. 1Enter the employee's monthly base salary.
  2. 2Verify social insurance rates (defaults are pre-filled).
  3. 3Select whether severance pay applies.
  4. 4Enter any additional benefits costs.
  5. 5Click 'Calculate' to see the total employment cost.

Tips

  • ✔Expect about 15–20% in additional insurance and severance costs on top of salary.
  • ✔Workers' compensation rates vary significantly by industry — use accurate rates.
  • ✔Part-time and contract workers may have different insurance requirements.
  • ✔Annualized calculations should include bonuses and paid leave allowances.
  • ✔Accurate labor cost estimates are critical as headcount grows.

FAQ

Q. How much does an employee actually cost beyond salary?

Typically 1.3 to 1.5 times the base salary. Employer-paid social insurance, severance, and benefits add about 30–50% on top of the gross salary.

Q. What are the employer's social insurance obligations in Korea?

As of 2024: National Pension 4.5%, Health Insurance 3.545%, Long-Term Care (12.81% of health insurance), Employment Insurance 0.9%, and Workers' Compensation (0.7–18.6% depending on industry).

Q. Are costs the same when hiring a freelancer?

Freelancers (independent contractors) do not require employer social insurance contributions, but a 3.3% withholding tax applies. Be aware that long-term engagements may be reclassified as employment.

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