Talent Drive Resources
Cost to Employ Calculator
Cost to Employ Calculator
Contract Details
Enter the contractor's details below
Day Rate
Hourly Rate
£
Markup %
Margin %
%
Markup: percentage added on top of the rate
Inside IR35
Outside IR35
%
%
NI threshold: £5,000/yr
UK statutory minimum: 28 days (inc. 8 bank holidays)
Cost Summary
Contractor Day Rate
£600.00
Charge Rate (inc. markup)
£720.00
Total Working Days
240
Holiday Cost
£0.00
Term Cost (before IR35)
£172,800.00
Employer Pension (3%)
£5,184.00
Employer NI (15%)
£25,170.00
Cost Breakdown
Total 1st Year Cost
Effective Day Rate: £—
£203,154.00
Considering an interim hire?
Contact Brian Lombard — Senior Interim Consultant
Fill out your details below and we will contact you