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Spoiler: it's not just their hourly rate. Calculate the true cost including taxes, insurance, benefits, and hidden overhead.
💡 Key Insight
A $22/hr employee actually costs you $33/hr when you factor in all employer costs. That's 51.8% more than their hourly wage. Make sure your billing rate covers this.
Get a detailed cost report you can share with your accountant or use for bid pricing.
Summit builds AI-powered tools that help trade businesses price profitably and grow faster.
Get Your Free DiagnosticSimply fill in the fields above with your project details. The tool will generate results in real time. You can adjust inputs, preview results, and download or email the output when finished.
Yes — enter your email and we will send you a copy. You can also screenshot or print the results directly from the page.
Completely free, no credit card required. We built these tools to help contractors and home service businesses run more efficiently.
Upload a floor plan. AI counts fixtures and generates labor/material estimates instantly.
Upload a photo of an HVAC/Panel sticker. AI extracts specs and cross-references live databases.
Upload a yard photo. AI generates an 8k render of the completed installation with dynamic pricing.
This free Employee Cost Calculator is just the start. Summit embeds AI-powered quote calculators on your site — so homeowners get instant pricing while you sleep.
Takes 60 seconds · Free · No credit card
Summit helps you afford more crew by generating consistent, high-quality leads — no more feast or famine.
Upload a floor plan. AI counts fixtures and generates labor/material estimates instantly.
Upload a photo of an HVAC/Panel sticker. AI extracts specs and cross-references live databases.
Upload a yard photo. AI generates an 8k render of the completed installation with dynamic pricing.
Our calculators use real-time regional data, current material prices, and local labor rates to provide estimates typically within 10-15% of actual contractor quotes. Results are best used as a budgeting baseline.
Yes — after completing a calculation, you can email yourself a detailed PDF breakdown or share a link with your team. Results include line-item costs, material quantities, and recommended next steps.
Our pricing database is refreshed quarterly using data from contractor networks, material supplier APIs, and Bureau of Labor Statistics wage data to ensure accuracy.