Number of Field Employees Doing Prevailing Wage Work
Total Dollar Amount of Fringe Portion of Prevailing Wage
 (Hourly Amount per Employee)
Prevailing Wage Hours Worked per Employee per Year
( 100% Prevailing Wage would be 2080 hours)
( 25% Prevailing Wage would be 520 hours)

Payroll Costs as a Percentage
Add the amounts below to estimate your current payroll costs:
FICA and Medicare: 7.65%
CA SDI: 1.20%
GL: 2.00%
Workers Comp: _____%

 

Total Annual Labor Cost Savings

 

Note: SUI and ETT have been excluded in this calculation because it is assumed your employees will earn greater than the annual taxable wage limit of $7,000 and therefore, SUI and ETT would not be reduced by getting the fringe off payroll.