Free calculator
The true cost of
employing someone
See what a new hire could really cost beyond the headline salary, in the first year and every year after.
The role
Under 21s, apprentices under 25 and eligible veterans have no employer NI on earnings up to £50,270.
Qualifying earnings are earnings between £6,240 and £50,270.
Other costs (optional)
Included in earnings for NI and pension.
Taxable benefits also carry Class 1A employer NI.
One off, first year only.
One off, first year only.
A £35,000 salary could cost your business approximately £40,363 in the first year.
- Salary
- £35,000
- Employer NI
- £4,500
- Employer pension
- £863
- Recruitment
- £0
- Equipment and software
- £0
- Other (bonus, benefits, training, other)
- £0
- Total first year cost
- £40,363
Estimated ongoing annual cost
£40,363
Monthly ongoing cost
£3,364
Ongoing cost leaves out one off recruitment and equipment.
Can your business comfortably afford the hire?
Add a hiring budget to compare (optional).
Without a budget or your wider figures we can't say whether the hire is affordable. Our cash flow runway calculator can help.
Tax year 2026/27: employer NI 15% above £5,000 a year, Employment Allowance up to £10,500. Estimates only, worked out on an annual basis. Statutory pay, holiday cover and salary sacrifice are not included. Last reviewed 23 October 2026.
Planning to grow your team?
We can help you understand the payroll and cash flow impact before you hire.
Talk to Calibra