Download Free Staffing Costs Calculator Spreadsheet

Download Free Employee Costs Calculator Spreadsheet

& understand the true costs associated with your employees.

  1. Home
  2. HR Kits & Templates
  3. Compensation
  4. Staffing Costs Calculation Spreadsheet

Staffing Costs Calculation Spreadsheet

  The HR Toolkit's Employee Cost Calculator Spreadsheet is used to record, calculate, and report on global employee-related costs. The Calculator is an Excel spreadsheet designed to help HR and business owners accurately calculate the total cost of employees, resulting in better budgeting, planning, and decision-making. 

Preview & Download the Template

Staffing Costs Calculation Spreadsheet  + Accompanying Instructions for Staff 

Each MS template is professionally written & consistently formatted. Fully customizable upon download.

Download 6 Premium HR Templates
Free!

Including this one. Quick sign up  - just 3 fields.
No credit card required. Promise! 
GET IT NOW
 

Understand the true cost of employment.

The Employee Cost Calculator Template is an Excel spreadsheet designed to help HR and business owners accurately calculate the total cost of employee, resulting in better budgeting, planning, and decision-making. 

Simplify workforce budgeting with the Employee Cost Calculator template.

Hiring and retaining talent is one of the biggest investments a business makes. The Calculating Employee Costs spreadsheet template is a useful tool for HR to gain a clear picture of the total cost of your employees. By inputting various data points such as salary, benefits, and other employment-related expenses, it provides a comprehensive breakdown of an employee’s actual cost to the business.

Why total compensation matters.

Many employees only consider their take-home salary when evaluating their compensation, but the total compensation—including benefits, taxes, and other perks—is often much higher. The Calculating Employee Costs spreadsheet not only helps your business understand these costs but also provides a tool to transparently communicate the value of employee benefits.

Who uses the Calculating Employee Costs spreadsheet ?

This calculation spreadsheet is especially helpful for:

  1. Budgeting and Planning: Understand workforce costs for accurate financial forecasting.
  2. Hiring Decisions: Evaluate the affordability of new hires or roles.
  3. Transparency: Communicate the total value of compensation to employees, beyond just base salary.
  4. Cost-Saving Measures: Identify areas where adjustments might reduce expenses.

This template is brought to you by the HR Toolkit for Small Business. 

HR for Canadian Small Business

Since 2006 and with over 10k subscribers, ConnectsUs HR™ is Canada's leader in building and maintaining document-based HR for small business and HR consultants.  We now also help small business move beyond documents to automated online HR.

4 HR solutions—that evolve with your small business.


Create Document-based HR

The HR Toolkit is a self-serve center that features the HR template library, handbook builder, resources, & updates to create a complete document-based HR system.

LEARN MORE
 


Add HR on Call

HR Toolkit plus unlimited HR on Call. Hiring an HR expert can be costly—HR Complete is a budget-friendly alternative that combines DIY HR with expert guidance.

LEARN MORE
 


Transition to HR Software

HR Sync is a complete service package that provides both HR and tech expertise to move your business from document-based HR to an award-winning online HR platform.

LEARN MORE
 


Outsource your HR

Need part-time HR Services? We do that too! We provide on demand HR services for small business with typically 15-150 non-unionized workers, in BC, Alberta or Ontario.

LEARN MORE
 

 

  • "... much-needed and well thought out. We recommend the products to our clients who have a need to cut through the complexities of managing their employees. It’s easy to use and provides immediate value.”

    Greg Pallone | President, TRG Group

  • "Just a quick note to say thank you!  ConnectsUs HR toolkit is the perfect solution for our needs. The point and click application combined with the rich content of best practices gives us everything we need to create professional results.”

    Theresa Partlow | Director, Human Resources, Emeritus Assisted Living | Seattle, WA

  • "...Comprehensive, well-written and creative… provided us with a new perspective on what kind of best practices we should be implementing for existing and new employees... great value with instant return on investment."

    George Reznik | Chief Operating Officer & CFO, Infowave Software

  • "...Easy to use and cost-effective.  ConnectsUs HR toolkits has all the tools I need for developing my HR policies and procedures, and company information."

    Matthew Eichhorst | President, Expedia CruiseShipCenters
  • ...Finally!  A straightforward and comprehensive HR toolkit that makes sense for small businesses...
    Dana Murray | President, Prospec | Seattle, WA

  • "... We had a menu of everything we could possibly need to quickly create HR best practices. The toolkit helped me understand what every small business should have in place."

    Salina Visram Landstad | Partner, Creative Spirits
Testimonials Customer List