Determine what the cost of each employee will be including: Base Salary: Research what similar employees make in the area. (You can use online resources like Glass Door.com. Salary.com, PayScale.com.) Employment Taxes Social Security Tax: 6.2% per employee - Medicare Tax: 1.4596 per employee - Unemployment: 6% per employee - Multiply the tax rate for each of the 3 types of taxes to determine the tax amount for that type. Benefits: May include life insurance, health coverage, vision and dental, long-term disability insurance, dependent care, tuition reimbursement, etc. Consider benefits that will help recruit the most qualified employees to your organization. List the cost of these benefits for each employee . Add the base salary, employment taxes, and benefits together to get the total cost for each employee Determine what the cost of each employee will be including: Base Salary: Research what similar employees make in the area. (You can use online resources like Glass Door.com. Salary.com, PayScale.com.) Employment Taxes Social Security Tax: 6.2% per employee - Medicare Tax: 1.4596 per employee - Unemployment: 6% per employee - Multiply the tax rate for each of the 3 types of taxes to determine the tax amount for that type. Benefits: May include life insurance, health coverage, vision and dental, long-term disability insurance, dependent care, tuition reimbursement, etc. Consider benefits that will help recruit the most qualified employees to your organization. List the cost of these benefits for each employee . Add the base salary, employment taxes, and benefits together to get the total cost for each employee