Payroll Cost Calculator

The true cost of an employee is more than their salary, and this calculator adds up the main on-costs so you can budget accurately. It takes the gross annual pay you offer, then layers on employer KiwiSaver contributions, the ACC work levy, and the cost of holiday pay, to show your total payroll cost for the year. You enter the gross salary and the percentage rates that apply to your business, and the tool calculates each component in dollars before adding them to the gross figure. Employer KiwiSaver in New Zealand is commonly 3 percent of gross pay for contributing employees, while the ACC work levy varies by industry classification and is set per $100 of liable earnings. Holiday pay reflects the four weeks of annual leave employees are entitled to, often estimated at around 8 percent of gross earnings when you accrue or cash it up. Employers, business owners and hiring managers use this calculator to set budgets, price jobs and quotes, compare the cost of hiring against contracting, and understand the gap between an advertised salary and what the role actually costs. For the best result, check your own ACC classification rate rather than assuming an average, confirm whether each employee is enrolled in KiwiSaver, and remember that costs such as recruitment, training, equipment and software sit on top of the figures here. It also helps to revisit your rates each year, since levy rates and contribution settings can change. Treat the total as a planning estimate and confirm exact obligations with Inland Revenue, ACC and your payroll provider before relying on it.

Total = gross + employer KiwiSaver + ACC levy + holiday pay. Estimate only, not financial or tax advice.