Payroll and HR
Labor is usually the largest cost on a contractor's income statement, and it's also one of the hardest to manage well without the right tools. The calculators on this page cover the full lifecycle — what it costs to hire someone, what it costs when they leave, how attendance and overtime affect your labor cost structure, and what obligations sit on your books that you may not be tracking closely enough.
Hiring and Retention
Turnover is expensive, and most business owners underestimate exactly how expensive until they run the numbers. Start with Cost per Hire to understand what it actually costs you every time you bring someone on — recruiting, onboarding, lost productivity during ramp-up. The Employee Turnover Rate calculator connects directly to that figure, showing your annual recruiting cost driven by how often you're replacing people. And if you're managing headcount against the ACA employer mandate or trying to understand your workforce size in standardized terms, the Full-Time Equivalent (FTE) calculator converts part-time and variable hours into a single comparable number.
Attendance
Unplanned absences cost more than the hours missed. The Absenteeism Rate calculator shows how your attendance compares to a healthy baseline, and the Cost of Absenteeism calculator puts a dollar figure on what unplanned absences are actually costing you in lost productivity, overtime coverage, and administrative time.
Labor Cost and Liability
These tools address the parts of payroll that quietly build up on your balance sheet or erode your margins if left unchecked. Overtime as a Percentage of Total Labor Cost flags when overtime is becoming a structural problem rather than an occasional necessity. The Paid Time Off Liability Calculator shows the dollar value of accrued but unused PTO sitting on your books — a liability that's easy to lose track of until it comes due all at once. Benefits Cost as a Percentage of Payroll helps you benchmark your total benefits spend against payroll, and the Workers Comp Experience Modifier (E-Mod) calculator explains the metric that directly affects your workers' compensation insurance premiums.