Calculators

Cost Of Hiring Calculator

The salary is only part of the story. Estimate the true cost of employing bookkeeping or accounting staff.

£

Assumptions

Pre-filled with typical UK figures — adjust them to your situation.

%
£
%
£
£
£

Estimated first-year cost

£41,110

28% on top of the salary · about £3,426 / month

Base salary
£32,000
Employer NI (15%)
£4,050
Employer pension (3%)
£960
Recruitment (one-off)
£3,000
Software & equipment
£600
Training & other
£500

Estimate only. Ongoing years exclude the one-off recruitment cost. Confirm current employer NI and pension rates with HMRC and The Pensions Regulator.

What goes into the true cost of a hire

A salary rarely reflects what an employee actually costs. On top of base pay, employers typically carry a range of additional costs:

  • Employer National Insurance on earnings above the secondary threshold.
  • Pension contributions under automatic enrolment.
  • Recruitment — advertising, agency fees and time to hire.
  • Software, equipment and training to get someone productive.
  • Holiday, sick and absence cover, plus the cost of managing the role.

Together these often add a meaningful percentage on top of the headline salary. The calculator uses editable assumptions so you can match it to your own situation.

Figures are estimates based on the assumptions you enter. Confirm current employer NI and pension rates with HMRC and The Pensions Regulator.

Want additional capacity without the cost and complexity of hiring? See how dedicated resources work.

Let’s Build The Right Support Model For You

Whether you’re an accountancy practice looking for additional capacity or a business seeking dedicated bookkeeping support, we’ll work with you to understand your requirements and identify the right solution.

Schedule a Consultation